How_do_I_print_a_transaction_allocation_by_tax/fee_report_2024.02_

How do I print a transaction allocation by tax/fee report? (2024.02)

A Transaction Allocation by Tax/Fee Report provides a detailed breakdown of how taxes and fees are applied across transactions. Printing this report helps you review allocation details and maintain accurate financial records.

You might print this report to:

  1. Verify tax and fee allocations
    Confirm that taxes and fees were distributed correctly across transactions, line items, or departments.

  2. Support accounting reconciliation
    Compare allocated tax and fee amounts with accounting records, payment totals, or general ledger entries.

  3. Prepare for tax reporting
    Use the report to help calculate and validate amounts owed to tax authorities or third-party agencies.

  4. Analyze transaction details
    Review how individual taxes and fees contribute to overall transaction totals for a selected period.

  5. Provide audit documentation
    Maintain a printed record to support internal audits, financial reviews, or compliance requirements.

  6. Share operational or financial data
    Provide accounting, finance, or management teams with detailed allocation information for review and approval.

  7. Maintain historical records
    Keep printed reports as part of your organization’s financial and operational documentation.


The report typically includes transaction details, tax and fee types, allocation amounts, totals, and associated dates for the selected reporting period. 


Printing a transactions allocation by tax/fee report

1. Open Connect Business Tax Collection > Reports > Transaction Allocation by Tax/Fee Report.

2. Select the report date range. 

3. Select the transaction types. 

4. Click Print or Preview.

 

 

 

 

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