Zero Taxation Balance Update

Zero Taxation Balance Update

Introduction

This article addresses a scenario where zero taxation balances might still make necessary the presence of related checklists.

This logic ensures that the Taxation Balance Checklist will be provided to all funds, regardless of whether there are lead schedule items in the taxation balance bucket or not. In cases where there are balances, the checklists will not be duplicated, and they will only appear once.

It's important to note that if you have customized your checklist, our logic will still be applied. Any checklist items you've edited or customized will behave the same way for the taxation balance bucket. This update ensures that your audit process remains comprehensive and efficient, reflecting the necessary considerations for taxation balances.

To learn more about the process, explore best practices, and make the most of our features, please visit our Knowledge Base. Contact our Support team if you need any assistance.

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