Hi,
I have the doubt regarding Corp and Tax book depreciation, i find Corporate book depreciation only create the journals into General ledger.. <b>this mean , the corporate depreciation only hit the B/S and P&L A/c's</b>.
Is Tax book depreciation create the Journals in GL or we can view only the depreciation of tax book and prepare Deffer ed tax in GL.
Please share the your valuable Suggestions,
Thanks & Regards
Anjireddy
Corporate Book Vs Tax Books .. FA ?
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