Tax Account Rollforward (TAR)

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