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Tax book to bring to the level of corp books.

edited Jan 27, 2015 10:01AM in Fixed Assets - EBS (MOSC) 7 commentsAnswered

Business scenario

We are going for upgradation from 11i to 12. In 11i business have not used the tax  books. After up gradation business wants to go for the tax books.

now Here are our questions.

1. How the sync up of tax and Corp books happens

2. Do we need to suggest the business prospectively or retrospective as the  corp books are maintained from 2005??

3. What are the steps I need to do/ follow as a consultant to sync up the tax and corp books? In case business wants to for in both cases (1)prospectively  and (2) retrospective

Thanks,

Nags

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