Tax doubles up when adding Credit Card transactions through Import Bank Statement

Legacy KB ID: 4127

Question

Why when I add a credit card transaction from an imported statement into the Bank Register, does the tax component get doubled?

Answer

This problem may be encountered when:

·         You are adding multiple credit card transactions at once; and

·         The Expense account has the tax code NCG pre-defined.

 

Workaround

Add one credit card transaction at a time.

 

 

Additional Information

You could also remove the tax code from the Expense Account configuration.  This will mean that you will need to enter the tax code each time you use this Expense Account. 

How did we do?

Online Banking cannot log onto the Suncorp-Metway internet banking site

Last transaction of imported bank statement does not import into NZ QuickBooks

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