Fixed Assets - EBS (MOSC)

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Closing The Tax Books

edited Jan 6, 2012 9:51AM in Fixed Assets - EBS (MOSC) 5 comments

Our fiscal year closes each September and the Tax Department does not file taxes until March or April. Tax has requested that we do not close the tax books in the September period until they complete their filings. 

Aside from the corporate and tax boooks being out of sync, do you see any other problems with keeping the prior year open in the tax book for about 6 months? 

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