Introduction
In some circumstances, you may want to move transactions into or out of a return. A typical example is if you have a sizeable unpaid invoice, where you want to preserve cash flow and report the transaction after it moves to a paid status. Although this approach may not be technically permissible depending on the specific jurisdiction, it is a calculated risk you may choose to take. Another example is when you expect an impactful change to a transaction's taxability, such as a scheduled update to a transaction's address, tax exemption status, or VAT ID information.
Anrok allows users to manually adjust a return's transactions at any time up until a return is in status. Once a transaction moves out of a return, the transaction will have an
status. You can then move unassociated transactions back into a return at any time. The ability to move transactions into and out of returns ensures you have complete flexibility in your returns during your path to tax compliance.
Move a transaction out of a return
You can easily edit a transaction out of a return at any time before the return switches to an status.
Try moving a transaction out of a return in the demo above ☝️
-
In the Anrok app
, go to Returns & payments. Take me there!
-
Under the Action required or Open tab, select the return with an
or
status that you want to edit.
- Scroll down to Transactions, then click Edit.
-
Under Transactions included in return, select the checkbox
next to the transaction(s) you want to exclude.
-
Click the Exclude button
to exclude the transaction(s) from the return.
- The transaction(s) moved out of your return will now have an
status.
Move a transaction into a return
You can easily edit a transaction into a return at any time before the return switches to an
status.
Try moving a transaction into a return in the demo above ☝️
-
In the Anrok app
, go to Returns & payments. Take me there!
-
Under the Action required or Open tab, select the return with an
or
status that you would like to edit.
- Scroll down to Transactions, then click Edit.
-
Under Transactions excluded from return, select the checkbox
next to the transaction(s) you would like to include.
-
Click the Include button
to include the transaction(s) in the return.