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Some accounting conventions, notably IFRS and US GAAP, require deferred tax balances to be designated as either current or non-current. The system forces this distinction, so that entries that impact deferred tax accounts need to be designated as either current or non-current:
| • | The data entry screens for Temporary, NOL Temporary, and After Tax Temporary Differences have a drop-down menu where you select C for Current or NC for Non-Current. |
| • | Deferred Balances and NOL Balances reports can be filtered to view current and non-current balances separately. |
| • | The Temporary Difference Summary report displays current and non-current balances by asset and liability. |
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