If the overpayment or underpayment is within the range of the penny difference specified in the field, the penny difference amount will be posted on the penny difference account.

If the overpayment or underpayment is more than the range of the penny difference stated in the field, the whole penny difference amount will be posted on the ledger account that is selected for the posting type in the form.

Note Note

To calculate sales tax on overpayment or underpayment, select the check box on the tab on the form.