Attached is a Word document that highlights the steps necessary to start a new tax provision year or a new tax provision for a period other than the first period in the year. Many of these steps will most likely be executed by the Admin.
These are the following classifications of tasks:
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Global (applies to all entities)
- Executed only in the first period of the year.
- Executed once at the start of a tax provision period.
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Individual entity
- Executed only in the first period of the year.
- Executed once at the start of a tax provision period.
This is a summary of the detailed information that you can find in the "Instruction Guide" that comes with the Tax Provision Blueprint application.
