Tax Adjustment and Dissect in Journal Entries
What does Dissect mean within Journal Entries and how does it relate to taxes?
Journal entries do not calculate or automatically separate tax. Both Dissect and Tax Adjustment are designed for manual control, not tax calculation, and should be used when the correct amounts are already known.
- All split values are posted as direct amounts
- No tax calculation or tax identification is applied
- Reports (including Preview GL) will only show final posted values
- Allocating a total amount across multiple accounts
- Reclassifying or redistributing existing values
- You do not need the system to interpret tax
Tax Adjustment
A Tax Adjustment is used when posting directly to a tax GL account and you need the entry to be reflected in tax reporting.- Does not calculate tax
- Requires manual entry of both the tax amount and related taxable value
- Ensures the journal is included correctly in Tax Reports
- Recording tax outside of standard invoice workflows
- Correcting previously missed or misstated tax
- Posting directly to a tax GL account for reporting purposes
Reporting Behavior
- Journals with Tax Adjustment → appear in Tax Reports
- Journals without Tax Adjustment → appear in GL Reports only
Key Principle
Journal entries are direct GL postings, not tax-driven transactions.Dissect helps allocate amounts, while Tax Adjustment ensures manual tax entries are properly reported.