When a charge has tax on it, the invoice now shows the fee, the tax rate, and the tax amount as separate, clearly labeled details - not folded into a single total the way it used to be treated behind...
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When a charge has tax on it, the invoice now shows the fee, the tax rate, and the tax amount as separate, clearly labeled details - not folded into a single total the way it used to be treated behind the scenes.
Every dollar of tax collected on a charge is now recorded in its own tax-tracking account, completely separate from your rental or fee revenue. That means:
This is a bookkeeping-accuracy change only - it does not change what a resident owes or how much tax is calculated. It changes where the collected tax is recorded so your financial reports are accurate.