| # Statutory Books The Statutory book is a tax book for non-United States countries. It is intended to report depreciation for tax reporting purposes. This book is not allowed to become the posting book but additional posting is allowed. This allows extra posting of a Fixed amount and/or method. Statutory books have no subtypes and use the section 179 value in depreciation calculation, if the value is entered. Both Annuity depreciation and Economic Recapture are invalid for this book type. It uses the statutory account type in the Integration Schemes to determine the debit accounts and the credit accounts for posting. |