Funds and Accounts

Navigate: ClosedTax > Tax Accounting > Setup > Funds and Accounts

Description

Set up all the funds and accounts you will use for General Ledger Mappings.

Steps

  • Maintain Funds and Accounts - Create and maintain the funds and accounts used within the Tax Accounting module.

Dependencies, Prerequisites, and Setup

Tax Accounting

  • Set the correct effective year in the side panel. You can set it back to the earliest year on the system (or earlier) prior to setting up accounts if you want the accounts available for all years.

  • Funds and accounts must be set up before you can print a financial detail transaction listing.