Canadian Tax (Debit Adjustment generated)

  • 13 September 2022
  • 0 replies

Hi. Under Canadian taxes, after the tax report has been prepared and release, the system creates a debit adjustment. The reason might be because the Net tax amount is negative. Because you know usually, AP bill will be created containing the total tax amount to be paid. 

As for this debit adjustment, should it be closed normally by applying it to a bill that of course I’ll have to manually create first. I just want to confirm. Thanks in advance. 

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