ACTUAL NOL BALANCES

The Actual NOL Balances report is a Federal report. It is available in local and reporting currency, and can be viewed in summary or detail format. It is also available both before tax and Federal tax effected. In addition, users can expand the report to show current year activity reconciling beginning balances to ending balances. Links on the top right of the page allow users to select various formats.

The rollups in the NOL Balances report are groupings that determine the way component data appears. There are four separate views in the report: summary, hybrid, detail, and unit. The report shows National/Federal NOLs by year of expiration. Clicking different view options from the top right of the page changes the organization of data in the report.

Note: Users can set up a different rollforward report for the NOL Balances from the Deferred Balances report. To set up a separate NOL Rollforward report access the ONESOURCE Tax Provision and in Administration choose Manage NOL Rollforwards.