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Some accounting conventions, notably IFRS and US GAAP, require deferred tax balances to be designated as either current or non-current. The system forces this distinction, so that entries that impact deferred tax accounts need to be designated as either current or non-current:
| • | In the data entry page for Temporary, NOL, After Tax, and After Apportionment Temporary Differences, there is a drop-down list to select C for Current, or NC for Non-Current. |
| • | Deferred Balances and NOL Balances reports can be filtered to view current and non-current balances separately. |
| • | The Temporary Difference Summary report displays current and non-current balances by asset and liability. |
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