Tax Receipt Page breakdown:
Click on the edit pencil to the left of the Tax Receipt Batch/ Column “Number”.
Tax Receipt Page Breakdown:
- Number: Income Tax Receipt Number
- Opening Fee Balance: Fee balance that is carried over from the previous tax year.
- Opening Payment Balance: Payment balance that is carried over from the previous tax year.
- Claimable Fee Total: Total fees that can be claimed.
- Claimable Reduction Total: Fees that reduced childcare costs (example: subsidy, grants) for the current tax year.
- Other Non-Claimable Total: Fees that cannot be claimed (example: NSF charges, snack fees, etc.)
- Payment Total: Total Payments Received
- Payment Adjustment: Adjustments for payments missed, not previously recorded.
- Total: Total amount displayed on tax receipt.
- Closing Fee Balance: Fee balance as of Dec 31 current tax year.
- Closing Payment Balance: Payments balance as of Dec 31 of current tax year.
