The Selected Accounts page allows you to enter ending book balances for your general ledger accounts. This data is used for two purposes: 1) to collect the necessary information for the journal entry report and 2) to make book adjustments to Pre-Tax Book Income.
Enter a separate line item for each Selected Account:
Enter a unique type, tag, fiscal year, and bucket, along with the amount of the entry in local currency, the date of the entry, the FX rate, and the need to create a link code-description for that entry.
You can attach files to individual payable items on this page. If you have supporting documents, click the paper clip icon next to the item.
The impact of tax payments, refunds, adjustments, and current tax provision adjustments on your ending tax payable can be viewed on the Journal Entry report and, at times, the Tax Provision report.