How can I change the tax rate on Unrealized Gain/Loss account

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Topic: How can I change the tax rate on Unrealized Gain/Loss account

fn user
Member

posted 10-17-2001 03:57 PM

I would like to be able to show a different tax rate used in the calculation of Unrealized Gains or Losses so that when I prepare a Deferred Tax Report, I get a more accurate figure.

Also, can I have more than one unrealized gain/loss account so that I can use different rates?

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Pamela
Member

posted 10-17-2001 04:02 PM

Select Accounts | Asset & Liability Info and type in Unrealized Gains or Losses (1).

This is a liability account and the top box allows you to type in the rate of your choice. If you do not input a rate, the default is 31%.

Currently, there is only the capability for one Deferred Tax rate.

[This message has been edited by Pamela (edited 10-18-2001).]

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