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