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The Aggregated Valuation Allowance functionality is activated with the VA_CALCTYPE dataset parameter with a paramvalue of 2.
| • | This method combines the three component types when determining whether or not there is a net asset that should have an offsetting valuation allowance. |
| • | In the Automation section of the Unit Details screen, enter a percentage for the net amount of After Tax Temporary Differences, NOL Temporary Differences, and Temporary Differences in the Unified VA Rate field for valuation allowance calculations. |
| • | The functionality analyzes the net of the three component types. For example, if balances in Net Operating Losses for the unit netted to an asset and the Temporary Differences for the same unit netted to a liability, when the NOL and the Temporary Differences were netted to an asset, the system posts a valuation allowance contra asset at the entered percentage for Aggregated Base Valuation Allowance. |
| • | The Current/Non-Current balances that made up the component's asset determine the designation of current or non-current status for the valuation allowance. |
| • | For units in a filing group, the parent unit determines the valuation allowance automation and percentage for the group. |
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