Actual Tax billing process creating TXA journal entries

• The actual tax billing process is creating TXA journals where TXB journals are expected.

• TXB journals account for far less of the actual tax billing journal entries than TXA journals are.

• Actual billing journals switched from TXB to TXA.

• Enterprise ERP (powered by Munis) 2019.1 and up

• Massachusetts Tax

• MA Tax

• New Hampshire Tax

• NH Tax

• Generate Accounts Receivable

• Gen AR

• txrpgnar

A new adjustment type, ACT, was created to help differentiate between preliminary tax billing and actual tax billing. The ACT adjustments are incorrectly posting as a TXA journal.

Development is researching the issue. There is no workaround.

The preliminary tax process will create a batch of adjustments with an adjustment type of ORG that represent the base tax amounts on the bills. These adjustments post to the General Ledger as a TXB journal.

During actual taxes, three separate sets of adjustments occur:

• Prelim overbill adjustments are created during the Commitment Book step. These have an adjustment type of ADJ and post to the General Ledger as a TXA journal.

• Parcels that are new for actuals have bills created for them during Gen AR. These bills have adjustments made to them with a type of ORG and post to the General Ledger as a TXB journal.

• Parcels that were previously billed for prelims have additional amounts adjusted onto them during the Gen AR. These adjustments have a type of ACT and should post to the General Ledger as a TXB journal.