Advertise here    

QuickBooks Forums      

Go Back   QuickBooks Forums > QuickBooks Software Support > QuickBooks FAQ

Thread Tools Rate Thread Display Modes
Prev Previous Post   Next Post Next
Old 09-28-2017, 08:34 AM
jason_k jason_k is offline
Registered User
Join Date: Dec 2013
Posts: 51
Credit Memo for Wrong Tax Code on Invoice

Hello, I have a situation where my vendor billed the wrong tax code on the invoice. They later sent me a Credit Memo for -$100 for wrong tax code.

How can I record this? Which account do I record this to? I don't believe I can record it to COGS since the vendor credited us the difference in taxes and not the cost of goods sold?

What is the best way to record this? Thanks in advance.
Reply With Quote

Bookmark and Share
credit memo, wrong tax, wrong tax code

Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

All times are GMT -5. The time now is 10:24 PM.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2018, Jelsoft Enterprises Ltd.
All contents copyright (c) by AccountingUsers Inc.