Requirment to run the accounting during period close — Cloud Customer Connect
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Requirment to run the accounting during period close

in Assets 6 comments

Summary:

Hi,

We have a tax book that is not posting to any ledger, the book is only for tracking tax depreciation and reporting. We have recommended that the customer runs the accounting during period close as standard process. However, the customer questions that requirement, I therefore wonder if there are any technical requirement to run the final accounting during period close when the tax book is not posting any entries to the ledger. My understanding is that running the accounting in draft collects the data for the reporting?

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