01c2Admin Deferred Tax Rates

The following has been taken from the Tax Provision Blueprint "Instruction Guide" starting at page 319.

See KB article: "Tax Provision Blueprint Instruction Guide - PV7.3.0 SV100"

See KB article: "01c1Admin CY Tax Rates"

01c2Admin Deferred Tax Rates

This Admin schedule is used to copy the “Prior Year Closing Deferred Tax Rates” into period “1” (Jan. for the Tax Provision Blueprint app) for the Deferred Tax Rates. This schedule can be used as a starting point to bulk populate the Deferred Tax Rates. Manual adjustments can then be entered.

The Copy rule populates the “O#Import” member. If you need a different amount after the copy, enter in the new YTD (total) amount and the difference will go to “O#Forms”. This schedule displays the “O#BeforeAdj” member. 

Once the copy is done, the last three columns will show if there are any variances. Right after a copy is performed, there should be no variances. If you then manually adjust a tax rate, then a variance will display. The Consolidated ETR Rate is displayed for informational purposes and is “Read” only in this schedule.

The “Clear” button will clear the Deferred tax rates (at O#Import) that were previously “Copied” into.  Any manual data input will still be left in the system. So, care should be taken when clearing and re-copying data.

If you don’t see an expected entity / jurisdiction / group filer combination, then right click in a row header cell with an orange triangle and select “Insert Suppressed Member”.