When I run a Transaction Applied report for the quarter, and then a Transaction Received report, I get the same amounts (probably a coincidence as the dates are slightly different, I know), but so what I'm confused about is- the Tax Liability report for the same dates produces a different total amount (less 4.9%) than both the other reports' tax amounts.
I can't find anything in doc about how tax liability is calculated, can someone elucidate?
Many thanks