Overview

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You can add transactions to the client’s tax ledger on the Tax Manager Transactions view.

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If you need to add a transaction to your client’s ledger that matches an IRD transaction, you can add it on the Reconciliation view. See Adding a transaction that matches an IRD transaction.

If you are entering a Transfer:
- enter a positive amount to transfer

FROM

from this account,

OR

or
enter a negative amount to transfer

TO

to this account.

If you are entering a Transfer, the Transfer Details fields are activated and Post reciprocal entry is selected.

If the other client involved in the transfer is a tax client defined in your database:

Click the magnifying glass to open the Find Client window.
Search for and select the relevant client.
Click OK.
Select the appropriate Tax Year.
Select the appropriate Tax Type.

If the other client involved in the transfer is not a tax client in your database, clear the

Post reciprocal entry

checkbox.

Select the Status of

:

Expected — indicating that the transaction has not been confirmed with the IRD, OR
Confirmed — indicating that the transaction has been confirmed with the IRD.

Enter a Comment if required.

0.

If required, enter a Comment. You can enter any text up to a limit of 1000 characters.

Click OK to save the transaction and close the window. The transaction is saved and added, and the window closes.

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title	To add a transaction on the Transaction view

Open Tax Manager Transactions view for the relevant client. See Viewing a client’s client's tax ledger transactions.
If you want to enter transactions for a different year, click on the year to open a drop-down list, and select the required year.
Select the Tax Type for the transaction you are adding.
On the TASKS bar, go to Transactions > Add item. The Add Item window appears and the Date defaults to the current date.
If required, enter a new date.
Select From the payment Type from the drop-down list, select the payment Type. The available payment types will vary based on the transaction type.
Enter the Amount of the transaction.
The amount entered will be stored automatically as a
Dr
or
Cr

based

based on the transaction type you selected as defined in the following table:

Payment Type

Dr/Cr

Payment Type

Dr/Cr

Additional Tax

Dr

Refund

Dr

Assessment

Dr

Repayment Obligation

Dr

Early Payment Discount

Cr

Transfer

Dr

Late Filing Penalty

Dr

Under Estimation Penalty

Dr

Late Payment Penalty

Dr

Use of Money Interest

Dr

Payment

Cr

Write Off

Cr

Penalty

Dr

Adjustment

Dr

Rebate Entitlement

Cr

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Reconciling transactions for a selected client

Separating incorrectly reconciled transactions for a selected client

Viewing the tax position summary for a client

Viewing a client’s tax ledger transactions

Viewing the IRD transactions for a client

Managing Tax Notices using the Tax Notice page

Working with Agencies

Adding a transaction that matches an IRD transaction

Editing transactions for a client

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Versions Compared

Old Version 3

New Version 4

Key

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Overview

Working with Tax Manager

Managing Tax Notices using the Tax Notice page

Other topics