Tax Adjustments

If you need to do a Tax Adjustment, there is 2 options:

• Deal Tax Adjustment for the brokerage to remit.

OR

• Allocate & Pay it to the agent for them do remit.

Deal Tax Adjustment:

On the Commissions Payable tab, you will need to make the line Non-Taxable.

Once the line is Non-Taxable, you will right click on the line and click Tax Adjustment.

The Deal Tax Adjustment will open. You will select the Tax drop down, and tab over. It will automatically insert the amount of the tax adjustment. 

Click Post.

Allocate & Pay to the Agent:

On the Commissions Payable tab, you will mark the line Non-Taxable. 

You will then add the the unallocated tax amount to the Agents Tax Total.

Pay out the deal as normal.