TaxWare | How do I capture amounts on Tax Accounts?

  Answer:

Tax Accounts

• Tax accounts are only for internal usage, there is no communication between the Tax Practitioner and SARS through TaxWare about this. 
• You may, however generate letters that you may send to SARS for payment schemes.
• You cannot see the Tax liability if Provisional tax returns are not Authorized/Approved or if Assessments have not been created.
• You cannot Process or View Tax accounts in bulk for all taxpayers, you need to do it individually for all taxpayers.
• There’s two types of accounts you can view:
  1. Provisional Account: which is for all approved Provisional returns prepared for that taxpayer
  2. Assessed Account: which is for all Assessments that are created.

To view Tax Accounts, expand Tax Account as shown below:

To mark as paid/to record a payment, do the following:

• Click PAID | Enter the amount paid as well as any interest and penalties if necessary
• Give it a Journal for maintaining record and receipt date | click OK

How will a Tax Account look after capturing the payments?

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