bfalter
Returning Member

Returns and Allowances on 1120s Has An Issue

I imported my tax info from Quickbooks into TurboTax Business.  QB imports Returns and Allowances as a negative number.  TurboTax Business states the value cannot be negative and I must change it to a positive value to proceed.  TurboTax Business adds the positive value to my sales.  To make the numbers correct I entered an offsetting adjustment (2X the return amount) under COGS.  Is a fix forthcoming?