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Asset Books

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edited Jun 12, 2019 7:35PM in Assets 5 comments

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Hi all,

I've got a question related to the usage of tax books. So usually, tax books are setup in case local legislation prescribes that assets should be depreciated in another way than is defined on corporate level/in the corporate book. Now the tax book can be assigned to either a secondary ledger, or one can leave it as a standalone tax book (without any postings in a ledger). Now I was wondering in which case / what the business case would be either of the options? Also, I assume that one should locally report on their ledger. Hence, when not creating

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