Temporary Differences Summary (FG)

The Temporary Differences Summary (FG) report lists the current and non-current temporary differences for the selected filing group. The report takes all current assets and nets them against the current liabilities, as well as all non-current assets and nets them against non-current liabilities. This occurs on a filing group basis and on a temporary difference-by-temporary difference basis, not on a unit-by-unit basis. Totals for both current and non-current temporary differences appear at the bottom of the report.

Unlike the other Temporary Difference Summary report, this report cannot be viewed by unit. It can be viewed by only by temporary difference. The report is available in the Fed Only, Fed and State and State Only views. These views determine the values that appear in each column. Fed Only contains differences that have a federal component. Fed and State contain differences that impact both the State and Federal provisions. State Only contains differences that have a State component.

Users also can view the report by current asset/liability, non-current asset/liability, as well as rolled up by component. Clicking different view options from the top right changes the organization of data in the report.

Note: The Deferred Rollups are the same that were set up for the Deferred Balances report.