APIC Pool Amounts

Additional Paid in Capital (APIC) Pool Amounts information is managed in the APIC Pool Amounts screen under Data Input > Federal in the Provision and Estimated Payments datasets and under Data Input > Actual > Federal in an Interim dataset. The APIC Pool data entry area tracks activity in the APIC Pool which will display in the APIC Pool Report:

•The windfalls and shortfalls from FAS 123R Stock Option Exercise are measured against the APIC Pool to determine the required provision treatment.
•You can track the Deferred Tax Asset related to the issuance of stock options (Amortized Compensation) with the related APIC Pool.

The APIC Pool Amounts screen and report are only available when the system parameter is enabled.  To activate the APIC Pool functionality, an Administrator needs to add the following system parameter in Manage Configurations.

In the Administration area > System > Manage Configurations select the Reporting Section then, APIC Pool > APIC Pool Data Entry + Report, select Yes.

To import information to the Permanent Differences screen, complete the appropriate fields on the #UAPIC# APIC Pool Amounts sheet in the Import Numbers template. For more information on importing, refer to the Importing Templates documentation.

 

Screen Entry Fields

Enter the following APIC amounts:

•Beginning Balance
•Pre-Adoption APIC Adj.
•Tax Benefit/(Detriment)
•Intercompany Reclass
•Other - With DTA Impact
•Other - Without DTA Impact
•Posted to Deferred Only

 

Enter the following Suspense amounts:

•Beginning Balance
•Other - With DTA Impact
•Other - Without DTA Impact

 

Enter the following tax rates:

•Federal Beginning
•State Beginning

 

Manage Attachments

Attmnts enable you to attach documents and supplement detail for an adjustment.

1.To Manage Attachments double click in the Attmnts cell and Attachments and Comments opens.
2.Click Browse to find the file.
3.Type a Description.
4.Click Add.
5.Click Close.

 

Note: Enter all amounts in Reporting currency.