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Deferred Tax in credit memo and outgoing payment

Oct 04, 2017 at 04:49 AM


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Former Member


I have created a credit memo with deferred tax.


Customer Cr 1100
Deferred Tax Dr 100
Item Dr 1000

Now I want to pay the money back to the Customer through Outgoing payments


Bank Cr 1100
Customer Dr 1100
Deferred Tax Dr -100
Tax Payable Cr -100

The negative sign in tax accounts are making them credit and debit in GL Account but in BAS report the tax is not getting deducting it is recorded as a payable in tax code S1. It should be a -100 in tax code S1. Because we don't want to pay 100.

Is it a configuration issue and how it is handled? Please let me know appropriate solution.

Best regards,


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