Create Accounting for Tax Books
Hello
For Tax Book do we need to run Create Accounting? What makes it eligible for Create Accounting and then does it need to be transferred to GL for Financial Reporting?
I guess my question is from a Functional Aspect as to whether it is required or optional to create Accounting for Tax Book.
If we don't create Accounting for Tax book and just Run Depreciation (close period), period mass copy each month and so ...what is the impact or what are we missing.
I understand in other modules there are accounting entries that goes to GL but I am not clear what accounting entries goes from Fixed Assets (Tax Book ) to GL.