Guidelines for Copying Group Assets to the Tax Book

When you copy assets to your tax book using the Perform Initial Mass Copy process or the Perform Periodic Mass Copy process, the tax rule settings you specified in the Create Book or Edit Book page reflect how the application copies group assets.

If you allow group assets in your tax book, the mass copy process results in the following:

Group Assets Allowed in Corporate Book	Mass Copy Results
Yes	The process copies group and member assets to the tax book based on the mass copy options you specify in the Tax tabbed region in the Rules section of the Edit Book page.
No	If group assets aren't allowed in the corporate book, you can't allow them in the tax book, so no group assets are copied by the mass copy process.

If you don't allow group assets in the tax book, mass copy results in the following:

Group Assets Allowed in Corporate Book	Mass Copy Results
Yes	Group assets aren't copied to the tax book. The mass copy process copies all member assets to the tax book as standalone assets.
No	If group assets aren't allowed in the corporate book, you can't allow them in the tax book, so no group assets are copied by the mass copy process.

Note: The mass copy process doesn't copy any type of group adjustment, including group reserve transfers, group retirement adjustments, and group unplanned depreciation.