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This page is currently being edited by {{ model.editingBy }}.Billing > Tax Collection > Maintenance > Tax Write off Report
Recent Change: 6.14
- Corrected issue where if a tax year code contained a character or was more than 4 characters the report would not return any data.
- Added the ability to process more than one tax year.Introduction
SmartFusion allows customers to write off tax charges of any amount. However, they can write off discrepancies that are a direct result of an over payment or under payment of a tax charge. Our write off process does not allow the user to designate whether they are writing off discrepancies or bill balance.
Explanation
Report Criteria
Report Sequence - Map Number, Name or Receipt Number
Tax Years - The tax years for which the write offs that will be processed.
Tax Type - Type of tax to write off
Discrepancy Range -The tax write-off report uses a discrepancy range of Minimum Discrepancy to Maximum Discrepancy
Limit Write off's to over payments and under payments - Look at bills that have had payments against them.Payments From - From Date for payments
Payments To - To date for paymentsOnly tax bills that have a payment made against them within this date range can be written off. If no payment date range is selected, all payments against that bill are included. We only write off bills that are within the discrepancy range for the total amount left (or overpaid) on that bill. All ranges (number and date) are inclusive
Notes:
- Having more than one payment within the date range has no additional effect.
- If any payment falls within the payment range a write off will be created.
- At least one tax year must be selected. If all are to be processed all years must be checked or use the right click select all option.
Example
- Customer is billed $1000 on Jan 1
- Customer pays $800 on May 1
- Customer pays $199 on May 15
- Customer has a $1 balance on tax bill.
Scenario 1
Report is run on June 1 and Limit Write off's to over payments and under payments is selected. A payment date range of May 1 through May 2 is selected. The $800 payment is found and the remaining balance on the bill at the time of running the report is allowed to be written off ($1)
Scenario 2
Report is run on June 1 and Limit Write off's to over payments and under payments is selected. A payment date range of May 1 - May 15 is selected. The $199 and $800 payments are found and the remaining balance on the bill at the time of running the report is allowed to be written off ($1).
Scenario 3
Report is run on June 1 and Limit Write off's to over payments and under payments is selected. A payment date range of May 10 - May 11 is selected. No payments are found and nothing is allowed to be written off.
Write off discrepancies- Will perform the write off and write transactions to the transaction table
Transaction Date - Transaction date to be used
Transaction Code - Transaction code to use for write off's
Write Off Transaction
The write off transaction value will be the discrepancy amount and will use the transaction code and transaction date selected. Once the write-off transaction has been added the Distribute Processor will run to allow the account to be balanced.