Tax Book Direct Asset Creation
Summarycreating assets directly in TAX
Post a merger and acquisition, my customer would like to load a set of assets directly to their existing TAX book. They have an existing set of assets in the CORP book which should continue as is and should not be impacted.
I understand we need to use Mass Additions and Mass Adjustments as per the Is It Possible To Add Assets Directly In Tax Books? (Doc ID 2189449.1) to load the asset set directly to tax book. Naturally, we will also need to load those same assets to the corp book first.