FinanceSalesTaxAnalysis

Object

Sales tax charged on posted customer invoices for a period, by tax code and jurisdiction.

The basis is POSTED and dated by issue date: posting is when the tax becomes a liability, so the total ties to the movement on the sales-tax liability account, and the issue date is the tax point a return is filed on rather than the date the books happened to catch up.

Credit memo reversals are reported as one period total, not spread across the rows. A native memo's tax is pro-rated from the invoice it credits, so what actually posted does not decompose back into the tax codes its lines named — splitting it across rows would be a number the ledger never made. Subtract it from the total before remitting.