TheThe project adapted from Using Sage 300 2021 by Heaney, Pearson provides information that enables you to set up Tax Services and Bank Services for Cascading Waterfalls. You may proceed with your data from the Completed General Ledger or ask your instructor for the General Ledger files.Let's see what Tax Services and Bank Services mean:What are Tax Services?Tax Services refer to the provision of professional tax advice or preparation of tax returns. It involves the calculation of taxes and their timely payment to the concerned authorities.Tax Services helps companies comply with tax laws, minimize the risks of being penalized for non-compliance, and avoid disputes with the tax authorities. It also helps businesses reduce their tax liabilities by taking advantage of various tax credits, deductions, and exemptions.What are Bank Services?Bank services are a range of services provided by banks to their customers. These services may include savings and checking accounts, credit and debit cards, loans, and mortgages, among others.Banks offer a variety of services, which can be availed by their customers, such as opening a new account, investing in financial products, transferring funds, and accessing online banking services. These services are aimed at meeting the needs of customers, helping them manage their money effectively, and supporting their financial goals.The above information can be used to set up the Tax Services and Bank Services for Cascading Waterfalls.