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The Alternative Minimum Tax (AMT) amount can be automatically calculated and posted based on entered adjustments and rates.
| • | Automation must be activated for the unit the Automation section of the Unit Details screen by checking the box and entering appropriate pre and post adjustments, the AMT Net Operating Loss Carryover, and the AMT Tax Rate. |
| • | The generated AMT posts as an After Tax Temporary Difference - Tax Basis with the adjustment code AMT_SYS. |
| • | Automation is determined by a Reporting Currency or Local Currency approach. A system parameter setting determines which approach is used. However, the approach can also be designated on a dataset-by-dataset basis with a dataset parameter. |
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