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Automatic taxable income reconciliation

Automatically convert accounting profit to taxable income by applying tax adjustments. Calculate income tax liability and post the necessary journal entries - all with a single click. This feature eliminates manual calculations and reduces errors.

Key Features

Automatic profit to taxable income conversion
Tax adjustment application
Income tax calculation
One-click journal posting
Tax liability tracking

Common Use Cases

Year-end tax calculations
Tax return preparation
Tax liability estimation
Tax planning

Ready to try this feature?

Join the beta program and experience how MyLedger can transform your accounting practice.

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