Forum Discussion

Laura_S-1's avatar
Laura_S-1
Experienced Cover User
5 years ago
Solved

Tax Code Reconciliation Exceptions

Hi,    I'm running my company data auditor and a question mark is displayed next the "Tax Code Reconiliation Exceptions"   I have been searching for discrepancy for 2 days and I cant figure out w...
  • Steven_M's avatar
    Steven_M
    5 years ago

    Hi Laura_S-1 


    When the Company Data Auditor displays a question mark for an option it is alerting the user to that fact that there may be something amiss here i.e. questioning the transactions are recorded correctly. In some cases, those transactions are recorded as intended and there is no action that is required thus the question mark can be ignored.

     

    As you are running the Tax Code Reconciliation Exceptions report you might want to take a look at Help Article: Out of Balance in Tax/GST Information Reconciliation reports which outlines the possible reasons why that report does show an out of balance. However, based on your screenshots it does appear to be a transaction to clear out the tax amounts from the liability accounts and thus potentially can be ignored.

Steven_M's avatar
Steven_M
Former Staff
5 years ago

Hi Laura_S-1 


When the Company Data Auditor displays a question mark for an option it is alerting the user to that fact that there may be something amiss here i.e. questioning the transactions are recorded correctly. In some cases, those transactions are recorded as intended and there is no action that is required thus the question mark can be ignored.

 

As you are running the Tax Code Reconciliation Exceptions report you might want to take a look at Help Article: Out of Balance in Tax/GST Information Reconciliation reports which outlines the possible reasons why that report does show an out of balance. However, based on your screenshots it does appear to be a transaction to clear out the tax amounts from the liability accounts and thus potentially can be ignored.