Activity/Deferred Only/Balance Sheet Only

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Entries that impact deferred tax accounts need to be designated as activity, deferred only, or balance sheet only. In the data entry page for Temporary, NOL, After Tax, and Local NOLs, there are options for Activity, Deferred Only, and Balance Sheet only.

•	Deferred Balances and NOL Balances reports can be configured to view activity, deferred only, and balance sheet only adjustments separately.

•	Go to Where to Enter Items in ONESOURCE Tax Provision to find out more about entering amounts as Activity vs. Deferred Only vs. Balance Sheet Only.