Maintains the rollforward of tax related general ledger accounts including P&L, Deferred Tax, Current Provision Payable, and Equity.

Sources of Data:

• Ending Balance (from prior year)

• Manual Input (for example, Payments, Refunds, Adjustments)

• Current Provision

• Current Provision Regional

• Valuation Allowance Allocation or Valuation Allowance Allocation – VA (when used)

• Deferred Tax for TAR

• Deferred Tax for TAR Regional

• Deferred Tax for TAR - Reclass

• Deferred Tax for TAR – Reclass Regional

Flow of Data to:

Journal Entry