Login
Register
Search
Home
Forums
Jobs
LawsonGuru
LawsonGuru Letter
LawsonGuru Blog
Worthwhile Reading
Infor Lawson News Feed
Store
Store FAQs
About
Forums
Financial Management
Lawson S3 Financials
Company Close Out
Home
Forums
Jobs
LawsonGuru
LawsonGuru Letter
LawsonGuru Blog
Worthwhile Reading
Infor Lawson News Feed
Store
Store FAQs
About
Who's On?
Membership:
Latest:
chaoticist
Past 24 Hours:
2
Prev. 24 Hours:
0
Overall:
5185
People Online:
Visitors:
160
Members:
0
Total:
160
Online Now:
New Topics
Top Forum Posters
Name
Points
Greg Moeller
4184
David Williams
3349
JonA
3288
Kat V
2984
Woozy
1973
Jimmy Chiu
1883
Kwane McNeal
1437
Ragu Raghavan
1348
Roger French
1311
mark.cook
1244
Forums
Unanswered
Active Topics
Most Liked
Most Replies
Search Forums
Search
Advanced Search
Topics
Posts
Prev
Next
Forums
Lawson S3 Financials
Company Close Out
Sort:
Oldest First
Most Recent First
You are not authorized to post a reply.
Author
Messages
Boyd
Advanced Member
Posts: 39
1/9/2017 8:22 PM
In a prior year a Company that was set up in Lawson was sold to a third party. When the assets were sold, we removed the assets from the company and as liabilities were resolved we removed the liabilities from the books of this company. As of 12/31 we were left with only intercompany receivables and equity. Now our tax department wants us to zero out the intercompany receivable balance and equity. Although these accounts have balances they don't zero out. How can we remove these balances without creating another interccompany balance? Any help is appreciated.
You are not authorized to post a reply.