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High level steps on creating a single period calendar for a Tax Fixed Assets book?

in Assets 3 comments

Summary:

We currently have the Corporate book set up and in Production. We are implementing the tax fixed assets books that will be associated with the Corporate book. We are exploring the option of having a single period within a calendar year for the tax fixed assets books. We have not found any literature online regarding the setup of this and wanted to pose the question on this forum. Does anyone have high level steps on create a separate single period calendar specifically for a Tax Fixed Assets book? What other configurations will need to be completed (custom depreciation methods)?

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