Tech Note: How to Reverse or Adjust Sales Taxes in an Invoice

There may be instances where you will need to change sales taxes charged to an invoice, such as when you have entered the wrong sales tax code, or there is a change in the prevailing tax rate.

Article #1162: How to Reverse or Adjust Sales Taxes in an Invoice covers the two ways to reverse or adjust sales taxes in AccountMate. You can use either the Create Invoice or Apply Payment function. This Tech Note explains how to make the reversal or adjustment using these two functions and illustrates the generated journal entries.