• | The adjustment to the deferred tax provision expense is presented on the tax provision report as a separate line item and impacts the "Effective Tax Rate." The deferred expense amount does not have a related deferred tax asset or liability associated with it. |
• | This field can be configured as "Read-Only" or removed with the system parameter. |
• | To activate the "Deferred Provision Only Adjustment functionality" an administrator will need to active the following system parameter: |
1. | Select Administration, and then System. |
2. | Select Manage Configurations and then Other. |
3. | Click Yes to activate the "Deferred Provision Only Adjustment." |
4. | Click No to remove "Deferred Provision Only" from the page. |
• | If you utilize this adjustment additional support to justify the expense on the provision may be required. |
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