Hi ​@AJM,

Hope below short explanation will be helpful for you.

Transfer Purchase Transactions - This activity is used to transfer non-inventory purchase transactions and refinement transactions that fulfill the transfer conditions and have not been previously transferred to IFS Financials.

General ledger Updates - Update GL Vouchers - This activity is used to update the General Ledger with the vouchers having Approved status in the hold table. All vouchers created in IFS is collected together in the hold table in IFS/Accounting Rules. A number of checks are carried out during updating. Vouchers that do not pass a check are returned to the hold table and given the status Error with an error text that indicates the occurred errors. 

Get Tax Ledger Updates - Fetch Tax Ledger Info - This process will update GL transactions with postings to tax amount into tax transactions page.

BR/Narmada

Hi, 

To add / enhance the above. 

The fetch tax ledger does not affect GL. It affects the tax ledger tax transactions.   - 

Flow - When GL update is run, the process creates tax transactions.  Those transactions only have a portion of the full data set needed for tax reporting.  

The fetch process appends those tax transactions by filing in the data needed for the tax reporting. In a way, GL creates a shell record in tax transactions, the fetch process fills the blanks with a significant amount of additional data / attributes.  

Best regards, 

Thomas