This field in the Maintain Tax Codes (MTX) window is the period-to-date (PTD) and year-to-date (YTD)amount of sales tax for which you are liable.
The system uses the following calculation:
Gross Tax Liability - Tax Returned
The Daily Journal Report (RDJ), Option F updates this field.
The Tax Report (RTX), Option P clears the PTD amount and adds it to the YTD amount. RTX, Option Y clears the YTD amount.
This field is display only.