You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

Depreciation in TRCS

in Tax Reporting (Direct Tax) 1 comment

Summary:

I wanted to calculate depreciation as per Income Tax in TRCS.

Under the parent "TRCS_BVTAccounts", created a member name "FA0001". it is of store type and "NationalAndRegional" as "Tax Type" and "Tax" as "Tax Data Type".

 

After creating this member - refresh the database.

 

After this,

 

I went to "Tax Automation Global" form - here I selected - "FA0001" as "Tax Automation Target Account".

 

And defined the below mapping -
Logic = "Pull"
Percentage = 0.2
Source account = "ReCo_Investment property under development"
Source Movement = "Trial Balance Close"
Target Movement = "Automated"

 

Save the rule and run the consolidation for Period -"Mar", Year - "FY25", Scenario - "Actual" and entity "0602". but i still don't see result in smart view adhoc sheet.

Tagged:

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!