Analysis - Tags

The Analysis page of the Tax Basis Temporary Differences is optional for data entry.

It uses the Dataset level Manage Deferred Rollforwards screen to set a default tag and adjustment type when data is entered. Data entered in the Analysis section is translated using the Deferred Analysis default rules and posted in the Detail section with the appropriate Tag and Deferred Type.

•Click the +Expand link to display a preview of the Deferred Balances report (pre-tax). The column headers are those established in the Dataset level Manage Deferred Rollforwards screen.

Important: The OTHER ENTRIES row populates with all items entered in the Detail section that cannot be uniquely classified because of multi tags or multi-type entries in the Manage Deferred Rollforwards screen.

 

Screen Entry Fields - Analysis Section

To add Temporary Differences:

1.Click on any cell to add a New Entry.
2.Select the Temp Diff Code - Name.
3.Select the Temp Diff Type (Current/Non-Current).
4.Click Override Unit Rate to override the unit rates.
5.Type the Beginning Rate %.
6.Type the Ending Rate %.
7.Type the Ending Balance in "Unassigned."

 

Code - Description

The code and description are established by an Administrator for the temporary difference.

 

Name

You can select the Temp Diff Code - Name.

 

Beginning Balance

Beginning balances are "Read-Only."

 

Ending Balance

In Details, you can enter the "Unassigned" balance.

 

Type

There are two types of temporary difference balances - Current and Non-Current. Select the type that best relates to the balance sheet account where the deferred tax asset or liability is represented.

 

Override Unit Rates

You can override the designated unit rates for a temporary difference.

 

Unassigned

Enter data in the Tax Amount column based on how it should display in the Deferred Rollforward name listed.