Adjusting Tax Forms

Use this procedure to correct line item details on a tax form that has already been posted.

You can only adjust a tax form if its current status supports it. If the action is not supported, the Adjust button will not be displayed.

• Navigate to the Tax Form portal and display the tax form you want to adjust.

• Click Adjust in the Actions zone. Enter an appropriate adjust reason.

• The system updates the state of the original tax form to Adjusted and typically reverses the financial impact of the original form, depending on your form type's processing rules for Adjusting forms.

• A new tax form is created that is a duplicate of the original tax form. At this point, you should make the appropriate line item changes, save the form and click Validate in the Actions zone to validate the tax form changes.

If validation succeeds, its status is updated and the tax form is ready for posting. If the system detects issues with the tax form, the issues are displayed for your review.