Updating and reviewing gross regional temporary difference rollforward activity

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Published: January 07, 2024 09:12

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The standard provision logic is used for the calculation of the regional gross temporary difference rollforward as discussed in the national gross temporary difference section. The same temporary differences used for the national gross temporary difference rollforward are also used for the Regional gross temporary difference rollforward with the following exceptions:

Regional net operating losses are used instead of national net operating losses
Regional tax credits are used instead of national tax credits
Regional valuation allowance is used instead of the national valuation allowance

Regional Net Operating Losses (NOLs) are separately captured within the gross temporary difference and deferred tax rollforwards. For companies in a net operating loss position, an NOL adjustment is manually input in the Regional current provision input app to adjust the current year taxable income to 0 and record a gross temporary difference for the current year net operating loss. Any net operating losses utilized in the current year are manually input in the Current Provision input app (RA0201) which automatically flows to the Temporary Differences input app (RA0301).

The Tax Provision system allows for Regional tax credits to be tracked in the Regional gross temporary difference rollforward. The impact of the tax credit on the current provision is input in the Current Provision input app (RA0201) but any other adjustments to the Regional tax credit carryforward are entered in the Temporary Differences input app (RA0301). Credits are entered in the Regional gross temporary difference rollforward using the tax value as the gross amount as the system uses a 100% tax rate for these items.

When a separate Regional provision is calculated in Tax Provision and the Regional income tax is deductible for National income tax purposes, the National Deferred Tax rollforward report includes the following additional columns to reflect the National benefit of region income tax deduction:

National Benefit of Regional - Beginning of Year
National Benefit of Regional - Prior Year Adjustment
National Benefit of Regional Tax Rate Change – BOY
National Benefit of Regional Tax Rate Change – CY
National Benefit of Regional Deferred Provision
National Benefit of Regional Deferred Non-Provision

The Tax Provision system provides four regional valuation allowance accounts:

Current temporary differences
Non-Current temporary differences
Net operating losses
Tax credits

The system is set up so that the total regional valuation allowance is allocated between the current and non-current assets in proportion to the respective values of the current and non-current deferred tax assets. For example, if the total valuation allowance is $500,000, the gross current deferred tax assets are $250,000 and gross non-current deferred tax assets are $750,000 (non-current temporary differences, carryforward accounts and credits), the total valuation allowance is allocated $125,000 (25%) to current and $375,000 (75%) to non-current.

Understanding Elements for temporary differences

The elements that display in the Temporary Differences input app (RA0301) change depending on the method you are using.

Method	Elements that display in the input app…
Temporary Difference method	Deferred Tax Proof elements Temporary Differences elements
Temporary Difference method with scheduling	Deferred Tax Proof elements Temporary Differences elements Scheduling elements
Balance Sheet method	Temporary Differences - Balance Sheet Method elements
Balance Sheet method with scheduling	Temporary Differences - Balance Sheet Method elements Scheduling elements

Deferred Tax Proof elements

If you are using the Temporary Difference method, you can use deferred tax proof analysis to view regional gross and deferred tax balances. This process allows you to define the accounting basis, the tax basis, and the portion that may be permanent in nature. The system then uses this information to calculate the ending regional cumulative temporary difference.

If you are using the Temporary Difference method, the following elements appear in the input app:

GrsTD_Accounting_Calc_ASC—Accounting Basis - Calc
This element represents the calculated ending accounting basis for a temporary difference or other carryforward account based on the deferred tax automation settings.
GrsTD_Accounting_Adj_ASC—Accounting Basis - Adj
If you are automating the ending accounting basis, you can use this element to adjust the value in the calculated element. If you are not automating the accounting basis, use this element to input the ending accounting basis value.
GrsTD_AccountingTotal_ASC—Accounting Total
This element represents the sum of GrsTD_Accounting_Calc_ASC and GrsTD_Accounting_Adj_ASC.
GrsTD_Tax_Calc_ASC—STAT/Tax Basis - Calc
This element represents the calculated ending tax basis for a temporary difference or other carryforward account based on the deferred tax automation settings.
GrsTD_Tax_Adj_ASC—STAT/Tax Basis - Adj
If you are automating the STAT/Tax Basis, you can use this element to adjust the value in the calculated element. If you are not automating the STAT/Tax Basis, use this element to input the ending STAT/Tax Basis value.
GrsTD_TaxTotal_ASC—STAT/Tax Basis - Total
This element represents the sum of GrsTD_Tax_Calc_ASC and GrsTD_Tax_Adj_ASC.
GrsTD_BasisDifference_ASC—Basis Difference
This element represents the value in element GrsTD_TaxTotal_ASC less the value in GrsTD_AccountingTotal_ASC.
GrsTD_PermBasis_ASC—Permanent Component
Use this element to enter the portion of the difference between the ending tax basis and accounting basis that is permanent in nature.
GrsTD_TemporaryDifference_ASC—Total Temporary Difference
This element represents the value in element GrsTD_BasisDifference_ASC less the value in the permanent portion element.

Temporary Differences elements

If you are using the Temporary Difference method, the following elements appear in the input app:

CURNONCUR—Current or Non-Current
This column identifies the temporary difference account as current or non-current.
ISEQCAT—Income, Equity, or OCI
Specifies whether the account is classified as Income, Equity, or OCI.
GrsBOY_ASC—Beginning of Year
This column represents the prior year end gross temporary differences. It is populated automatically through the annual and monthly rollover process.
GrsPY_ASC—Prior Year Adjustment
This column is used in the rare circumstance that the beginning of year deferred tax asset / (liability) must be restated with no impact on the provision. This adjustment impacts only the beginning balance of the deferred tax asset / (liability) and does not impact the deferred provision. You must enter values for this symbol manually.
GrsBOYA_ASC—BoY - as Adjusted
This column represents the beginning of year balance after adjustments and is calculated (GrsBOY_ASC + GrsPY_ASC).
GrsCY_ASC—Current Year
The current year Schedule M-1 difference is input in the Current Provision input app (RA0201) and automatically flows to the Temporary Differences input app (RA0301). Amounts for this column are input for any non-automated temporary differences or for adjustments to any automated temporary differences. You must enter values for this symbol manually.
GrsPYAdjDFd_ASC—Prior Year Adjustments - Deferred Only Impact
Unlike GrsPY_ASC, this column impacts the deferred provision. This column allows you to enter any adjustments to the gross temporary difference other than the current year book-tax differences entered in the Current Provision input app (NA0201). The tax impact of this amount is reflected in the symbol NetNPYAdjDfd_ASC in the Deferred Tax Rollforward report (NA0401). This tax impact is a deferred provision only adjustment and has no impact on the current provision. As a result, the tax impact of this adjustment is also reflected in the effective tax rate report and total provision report.
GrsRTPDfd_ASC—RTP - Deferred Only Impact
Current year return to provision true-up from the return to provision process. The tax impact of this adjustment is treated as a deferred only provision adjustment and flows into the effective tax rate report. Automated from the Return to Provision input app (NA0101).
GrsRARDfd_ASC—RAR - Deferred Only Impact
Current year Revenue Agent’s Report true-up. The tax impact of this amount is reflected in symbol NetNRARCurDfd_ASC on the deferred tax rollforward. The tax impact of this adjustment impacts the deferred provision in NetNRARCurDfd_ASC and the effective tax rate report and total provision national actual report. You must enter values for this symbol manually.
GrsCurDfd_ASC—Other Adjustments - Current and Deferred Impact
Other current year adjustments to the gross temporary difference. The tax impact of this amount is reflected in the NetNCurDfd_ASC symbol on the deferred tax rollforward. The tax impact of this adjustment impacts the deferred provision in NetNCurDfd_ASC and also impacts the current provision in an equal and opposite amount in symbol NAddCurrentS002. The purpose of this process is that there is no impact to an entity’s total provision resulting from temporary differences. You must enter values for this symbol manually.
GrsDfd_ASC—Other Adjustments - Deferred Only
Current year other adjustments. The tax impact of this amount is reflected in symbol NetNDfd_ASC on the deferred tax rollforward. The tax impact of this adjustment impacts the deferred provision in NetNDfd_ASC and the effective tax rate report and total provision national actual report. You must enter values for this symbol manually.
GrsTrfrCurDfd_ASC—Transfers - Current and Deferred Impact
This column represents transfers of gross temporary differences which can be (a) used to transfer temporary differences between entities, (b) reclass temporary differences between GAAP and STAT and STAT and TAX or (c) for other reasons. The tax impact of this amount is reflected in symbol NetNTrfrCurDfd_ASC on the Deferred Tax Rollforward report (NA0401). The tax impact also impacts the current provision in an equal and opposite amount in the NATAddCurrentS005_ASC symbol.
GrsTrfrDfd_ASC—Transfers - Deferred Only Impact
This column represents transfers of gross temporary differences. The tax impact of this amount is reflected in symbol NetNTrfrDfd_ASC in the Deferred Tax Rollforward report (NA0401). The tax impact of this is a deferred provision only adjustment and has no impact on the current provision. As a result, the tax impact of this adjustment is also reflected in the effective tax rate report and total provision report.
GrsTot_ASC—Total P/L Activity
This column represents the total P/L activity and is the sum of GrsCY_ASC, GrsPYAdjDFd_ASC, GrsRTPDfd_ASC, GrsRARDfd_ASC, GrsCurDfd_ASC, GrsDfd_ASC, GrsTrfrCurDfd_ASC, GrsTrfrDfd_ASC.
GrsAcqPR_ASC—Acquisitions Prior
This column represents the temporary differences acquired, and is populated in the Acquisitions input app (NA0303). The tax impact of this amount is reflected in symbol NetNAcqPR_ASC on the Deferred Tax Rollforward report (NA0401). The tax impact of this is a non-provision adjustment and has no impact on the total tax provision. This element is used to roll prior period acquisitions during the current year to enable additional acquisitions in the GrsAcqCur_ASC element.
GrsAcqCur_ASC—Acquisitions Gross
This column represents the temporary differences acquired, and is populated in the Acquisitions National input app. The tax impact of this amount is reflected in symbol NetNAcqCur_ASC on the Deferred Tax Rollforward report (NA0401). The tax impact of this is a non-provision adjustment and has no impact on the total tax provision. This element is used to record current period acquisitions and is input in the Acquisitions input app (NA0303).
GrsAcq_ASC—Acquisitions
This column represents the total acquisitions and is the sum of GrsAcqPR_ASC and GrsAcqCur_ASC.
GrsDisp_ASC—Disposals
Gross temporary differences that are disposed of during the year. This adjustment impacts only the deferred tax balance and not the deferred provision. You must enter values for this symbol manually.
GrsNPOCI_ASC—Non-Provision - OCI
This column represents activity during the year that increases or decreases the gross temporary difference but does not have an impact on the tax provision as the impact is to other comprehensive income. You must enter values for this symbol manually.
GrsRTPNPOCIDfd_ASC—RTP - OCI
This column represents the current year true-up for those accounts identified as OCI from the Return to Provision input app (RA0101).
GrsNPOCIOth_ASC—Non-Provision - Other OCI
This column allows you to track other OCI temporary difference movements. The tax impact of this adjustment is treated as a deferred-only adjustment.
GrsNPOCIT_ASC—Non-Provision - OCI Total
This column represents the total non-provision other comprehensive income and is the sum of GrsNPOCI_ASC, GrsRTPNPOCIDfd_ASC, and GrsNPOCIOth_ASC.
GrsNP123_ASC—Non-Provision - Stock Based Compensation
This column represents activity during the year which increases or decreases the gross temporary difference but does not have an impact on the tax provision as the impact is to equity or OCI related to share-based payments. You must enter values for this symbol manually.
GrsNPOth_ASC—Non-Provision - Equity
Use this column to enter activity during the year that increases or decreases the gross temporary difference but does not have an impact on the tax provision as the impact is to an account other than the income statement (i.e. Goodwill). You must enter values for this symbol manually.
GrsRTPNPEqDfd_ASC—RTP - Equity
This column represents the current year true-up for those accounts identified as equity from the Return to Provision input app (NA0101).
GrsNPEqOth_ASC—Non-Provision - Other Equity
Use this column to track other equity temporary difference movements. The tax impact of this adjustment is treated as a deferred only adjustment.
GrsNPEqT_ASC—Non-Provision - Equity Total
This column represents the total non-provision equity and is the sum of GrsNP123_ASC, GrsNPOth_ASC, GrsRTPNPEqDfd_ASC, and GrsNPEqOth_ASC.
GrsCTABOY_ASC—CTA - BOY
This column is populated when viewing a translated currency for the entity. It is calculated on the difference between the beginning of year deferred tax asset / (liability) translated at the beginning of year spot rate and the end of year average rate.
GrsCTACY_ASC—CTA - CYr
This column is populated when viewing a translated currency for the entity. It is calculated on the difference between the end of year deferred tax asset / (liability) is translated at the end of year spot rate, the current year activity related to the deferred tax asset / (liability) is based on the average rate and the end of year average rate.
GrsCTAT_ASC—CTA
This column is the total ending balance for gross temporary differences.
GrsUDiff_ASC—Unexplained - Impact Provision
This column represents the unexplained difference amount required to arrive at your tax basis difference.
The value in this column equals the expected ending balance minus the tax basis balance sheet adjustment less any activity already input or any activity automatically populated within the gross temporary difference rollforward for each temporary difference.
A value is present in this column if the automate temporary difference ending balances process is selected for the entity and the temporary difference account is also using the automate current tax amounts process for the same temporary difference account.
Any remaining value in this column should be classified using one of the various activity columns provided as part of the gross temporary difference rollforward.
This column automatically updates as data is submitted to the other gross temporary difference columns, ensuring that the ending balance is based on the expected ending balance less the tax basis balance sheet adjustment.

GrsUDiffEq_ASC—Unexplained - Impact Equity
This column represents the amount needed to arrive at your tax basis difference for an account identified as equity and OCI. This element will have a value populated only when an account is using both the book-tax difference automation and the automate temporary difference ending balance automation.

GrsEOY_ASC—EOY Balance
The end of year gross temporary difference balance. This symbol is calculated and is the sum of the above columns.

Temporary Differences - Balance Sheet Method elements

Use these elements to manually enter the gross temporary differences that are not automated in the system. Amounts include gross temporary differences, net operating losses, tax credits, federal or state credits, and the related valuation allowances. You can also enter activity such as current year and prior year adjustments and non-provision items.

Each temporary difference is set up as either “Current” or “Non-Current” for balance sheet classification purposes. Classifications are set by the Tax Administrator. To view these classifications, open the Temporary Differences Classification report (RA0304).

If you are using the Balance Sheet method, the following elements appear in the input app:

CURNONCUR—Current or Non-Current
This column identifies the temporary difference account as current or non-current.
GrsBOY_ASC—Beginning of Year
This column represents the prior year end gross temporary differences. It is populated automatically through the annual and monthly rollover process.
GrsPY_ASC—Prior Year Adjustment
This column is used in the rare circumstance that the beginning of year deferred tax asset / (liability) must be restated with no impact on the provision. This adjustment impacts only the beginning balance of the deferred tax asset / (liability) and does not impact the deferred provision. You must enter values for this symbol manually.
GrsBOYA_ASC—BoY - as Adjusted
This column represents the beginning of year balance after adjustments and is calculated (GrsBOY_ASC + GrsPY_ASC).
GrsCY_ASC—Current Year
This column represents current year Schedule M-1 activity for temporary differences that are also used to calculate the current provision. The current year Schedule M-1 difference is input in the current provision schedule and automatically flows to the gross temporary difference rollforward input app. Amounts for this column are input for any non-automated temporary differences or for adjustments to any automated temporary differences. You must enter values for this symbol manually.
GrsPYAdjDFd_ASC—Prior Year Adjustments - Deferred Only Impact
Unlike GrsPY_ASC, this column impacts the deferred provision. This column allows you to enter any adjustments to the gross temporary difference other than the current year book-tax differences entered on the current provision input app. The tax impact of this amount is reflected in the symbol NetRPYAdjDfd_ASC in the Deferred Tax Rollforward report (RA0401). This tax impact is a deferred provision only adjustment and has no impact on the current provision. As a result, the tax impact of this adjustment is also reflected in the effective tax rate report and total provision report.
GrsRTPDfd_ASC—RTP - Deferred Only Impact
Current year return to provision true-up from the return to provision process discussed above. The tax impact of this adjustment is treated as a deferred only provision adjustment and flows into the effective tax rate report. Automated from the Return to Provision input app (NA0101).
GrsRARDfd_ASC—RAR - Deferred Only Impact
Current year Revenue Agent’s Report (RAR). The tax impact of this amount is reflected in symbol NetRRARCurDfd_ASC on the deferred tax rollforward. The tax impact of this adjustment impacts the deferred provision in NetRRARCurDfd_ASC and the effective tax rate report and total provision national actual report. You must enter values for this symbol manually.
GrsCurDfd_ASC—Other Adjustments - Current and Deferred Impact
Other current year adjustments to the gross temporary difference. The tax impact of this amount is reflected in the NetRCurDfd_ASC symbol on the deferred tax rollforward. The tax impact of this adjustment impacts the deferred provision in NetRCurDfd_ASC and also impacts the current provision in an equal and opposite amount in symbol NetAddCurrentS002. The purpose of this process is that there is no impact to an entity’s total provision resulting from temporary differences. You must enter values for this symbol manually.
GrsDfd_ASC—Other Adjustments - Deferred Only
Current year other adjustments. The tax impact of this amount is reflected in symbol NetRDfd_ASC on the deferred tax rollforward. The tax impact of this adjustment impacts the deferred provision in NetRDfd_ASC and the effective tax rate report and total provision national actual report. You must enter values for this symbol manually.
GrsAcqPR_ASC—Acquisitions Prior
This column represents the temporary differences acquired. The tax impact of this amount is reflected in symbol NetRAcqPR_ASC on the Deferred Tax Rollforward report (RA0401). The tax impact of this is a non-provision adjustment and has no impact on the total tax provision. This element is used to roll prior period acquisitions during the current year to enable additional acquisitions in the GrsAcqCur_ASC element.
GrsAcqCur_ASC—Acquisitions Gross
This column represents the temporary differences acquired. The tax impact of this amount is reflected in symbol NetRAcqCur_ASC in the Deferred Tax Rollforward report (RA0401). The tax impact of this is a non-provision adjustment and has no impact on the total tax provision. This element is used to record current period acquisitions and is input in the Acquisitions input app (RA0303).
GrsAcq_ASC—Acquisitions
Total Acquisitions.
GrsTrfrCurDfd_ASC—Transfers - Current and Deferred Impact
This column represents transfers of gross temporary differences which can be (a) used to transfer temporary differences between entities, (b) reclass temporary differences between GAAP and STAT and STAT and TAX or (c) for other reasons. The tax impact of this amount is reflected in symbol NetRTrfrCurDfd_ASC in the Deferred Tax Rollforward report (RA0401). The tax impact also impacts the current provision in an equal and opposite amount.
GrsTrfrDfd_ASC—Transfers - Deferred Only Impact
This column represents transfers of gross temporary differences which can be (a) used to transfer temporary differences between entities, (b) reclass temporary differences between GAAP and STAT and STAT and TAX or (c) for other reasons. The tax impact of this amount is reflected in symbol NetRTrfrDfd_ASC in the Deferred Tax Rollforward report (RA0401). The tax impact of this is a deferred provision only adjustment and has no impact on the current provision. As a result, the tax impact of this adjustment is also reflected in the effective tax rate report and total provision report.
GrsDisp_ASC—Disposals
Gross temporary differences that are disposed of during the year. This adjustment impacts only the deferred tax balance and not the deferred provision. You must enter values for this symbol manually.
GrsNPOCI_ASC—Non-Provision - Other Comprehensive Income
This column represents activity during the year that increases or decreases the gross temporary difference but does not have an impact on the tax provision as the impact is to other comprehensive income. You must enter values for this symbol manually.
GrsNP123_ASC—Non-Provision - Stock Based Compensation
This column represents activity during the year which increases or decreases the gross temporary difference but does not have an impact on the tax provision as the impact is to equity or OCI related to share-based payments. You must enter values for this symbol manually.
GrsNPOth_ASC—Non-Provision - Other
use this column to enter activity during the year that increases or decreases the gross temporary difference but does not have an impact on the tax provision as the impact is to an account other than the income statement (i.e. Goodwill). You must enter values for this symbol manually.
GrsNPT_ASC—Non-Provision Total
Total Non-Provision Items. This symbol is calculated (GrsNPOCI_ASC + GrsNPPen_ASC + GrsNPOth_ASC).
GrsCTABOY_ASC—CTA - BOY
This column is populated when viewing a translated currency for the entity. It is calculated on the difference between the beginning of year deferred tax asset / (liability) translated at the beginning of year spot rate and the end of year average rate.
GrsCTACY_ASC—CTA - CYr
This column is populated when viewing a translated currency for the entity. It is calculated on the difference between the end of year deferred tax asset / (liability) is translated at the end of year spot rate, the current year activity related to the deferred tax asset / (liability) is based on the average rate and the end of year average rate.
GrsCTAT_ASC—CTA
This column is the total ending balance for gross temporary differences.
GrsUDiff_ASC—Unexplained Difference
This column represents the expected ending balance minus the tax basis balance sheet adjustment less any activity already input / automatically populated within the gross temporary difference rollforward for each temporary difference.
A value appears in this column when Temporary Difference Ending Balance Automation is selected for both the entity and the temporary difference account.
Any remaining value in this column should be classified using one of the various activity columns provided as part of the gross temporary difference rollforward. This column automatically updates as data is submitted to the other gross temporary difference columns.
GrsEOY_ASC—EOY Balance
The end of the year gross temporary difference balance. This symbol is calculated and is the sum of the above columns.
GrsTBBSAdj_ASC—Tax Basis Balance Sheet Adjustments
This column represents an adjustment to the system calculated value for the expected ending balance. This value is treated as a permanent adjustment and is not reflected as part of the ending gross temporary difference balance on which the deferred provision and deferred tax rollforward is prepared. This column is used when Temporary Difference Ending Balance Automation is selected. You must enter values for this symbol manually.
GrsTBDiff_ASC—Tax Basis Difference
This column represents the tax basis difference. This symbol is calculated (GrsEOY_ASC + GrsTBBSAdj_ASC).
GrsEEB_ASC—Expected Ending Balance
This column represents the expected total difference between the book basis and the tax basis. This value is calculated automatically when Temporary Differences Ending Balance Automation is selected. If any part of this total difference should not be included as part of the gross temporary difference rollforward, the difference should be entered in the tax basis balance sheet adjustment (GrsTBBSAdj_ASC). For more information, see the Longview Tax Administrator's Guide.

Scheduling elements

For entities that use deferred tax scheduling, there is an additional step required in the gross temporary difference rollforward. You must schedule the end of period gross temporary difference balance based on when the temporary difference is expected to reverse.

You must use these elements for any entities that schedule to account for fluctuating deferred tax rates. The entire amount is defaulted to the fifth year. In the input app, you can allocate across the other years, which allows Tax Provision to calculate the proper end of period deferred tax balance.

The extra columns represent the future 5 years to schedule the timing of the temporary differences.

If you are using scheduling, the following elements appear in the input app:

GrsEOY1_ASC—Amt Reversing in Year 1
This column represents the amount reversing in the first year. You must enter values for this symbol manually.
GrsEOY2_ASC—Amt Reversing in Year 2
This column represents the amount reversing in the second year. You must enter values for this symbol manually.
GrsEOY3_ASC—Amt Reversing in Year 3
This column represents the amount reversing in the third year. You must enter values for this symbol manually.
GrsEOY4_ASC—Amt Reversing in Year 4
This column represents the amount reversing in the fourth year. You must enter values for this symbol manually.
GrsEOY5_ASC—Amt Reversing in Year 5
This column represents the end of year balance minus amounts reversing in prior years. This symbol is calculated (GrsEOY_ASC - GrsEOY1_ASC - GrsEOY2_ASC - GrsEOY3_ASC - GrsEOY4_ASC).
GrsTYr_ASC—Total Reversing Amount Years
This column represents the total amount reversing over the five year period. This symbol is calculated (GrsEOY1_ASC + GrsEOY2_ASC + GrsEOY3_ASC + GrsEOY4_ASC + GrsEOY5).

Temporary Differences input app (RA0301)

Use this input app to manually enter the gross temporary differences that are not automated in the system. Amounts include gross temporary differences, net operating losses, tax credits, federal or state credits, and the related valuation allowances. You can also enter activity such as current year and prior year adjustments and non-provision items.

This input app includes Analyze functionality. For more information, see “Analyzing data for automation source information.”

For more information on the elements in this input app, see “Understanding Elements for temporary differences”.

To update regional temporary differences

In the Tax Provision navigation pane, click Data Collection.
Expand Regional Annual.
Use the drop-down list or the symbol selector to select the appropriate entity.
For more information, see “Using the Symbol Selector."
Click RA0301 - Temporary Differences.lvapp. The input app opens in the workspace.
Expand the RegTempT_ASC—Total Regional Temporary Differences category, and enter data for the following symbols:
Symbol
Description
GTxxx—Company specific
Company-specific GAAP to STAT temporary differences.
STxxx—Company specific
Company-specific STAT to Tax temporary differences.

Expand the RegTmpCFDLoss_ASC—Total Regional Temporary Differences and NOLs category, and enter data manually for the following accounts for each appropriate symbol in the Elements dimension:

Symbol	Description
RegLossCYGA—Regional Net Operating Loss - CY Generated - Adjustment	Manual adjustment for the calculated regional net operating loss.
RegLossCYU—Regional Net Operating Loss - CY Utilized	Utilization of an existing regional net operating loss carryforward in the current period.
RegNLossCA—Regional Net Operating Loss - Consolidating Adjustment	Impact of any consolidated level adjustment to regional net operating losses at the legal entity level.
RegNLossNC—Regional Net Operating Loss - Non-Current	Any other activity related to regional net operating losses that are non-current.

In the RegTaxCrT—Total Regional Tax Credits - Temporary category, enter data manually for the following accounts for each appropriate symbol in the Elements dimension:

Symbol	Description
RegOthTaxCY—Regional Other Tax Credits - Temporary - Current	Current regional temporary tax credits.
RegOthTaxNC—Regional Other Tax Credits - Temporary - Non-Current	Non-current regional temporary tax credits.

Expand the RegAttribT—Total Regional Tax Attributes category, and enter data for the following symbols:

Symbol	Description
RegTaxAffTempCur—Regional Tax Attribute - Current	Current regional tax attributes.
RegTaxAffTempNonCur—Regional Tax Attribute - Non-Current	Non-current regional tax attributes.
RegOtherT—Regional Tax Attribute - Other	Other regional tax attributes.

In the RegValAllow—Total Regional Valuation Allowance category, enter data manually for the following accounts for each appropriate symbol in the Elements dimension:

Symbol	Description
RegValCT— Regional Valuation Allowance - Current	Valuation allowance - regional current temporary differences.
RegValNCT—Regional Valuation Allowance - Non-Current	Valuation allowance - regional non-current temporary differences.
RegValNOL—Regional Valuation Allowance - NOLs	Valuation allowance - regional net operating losses.
RegValTaxCr—Regional Valuation Allowance - Credits	Valuation allowance - regional credits.

When you are finished, click Submit.

Published: January 07, 2024 09:12