To create a Tax Basis Balance Sheet/Income Statement, establish, populate, and map the trial balance accounts in the system.

•You can assign Cumulative temporary differences to specified trial balance accounts. You can also make Other adjustments to book trial balance amounts.

•You can view the Tax Basis Balance Sheet and Tax Basis Income Statement reports in local and reporting currency at the unit, sub-consolidated, or consolidated basis. You can set up these reports to have one or more roll-ups of sub-lines.