Inputting top-side reporting currency adjustments for net income before tax

You can use the NIBT Reporting Currency Only Adjustments input app to enter reporting currency adjustments for net income before tax.

NIBT Reporting Currency Only Adjustments input app (NA1299)

Use this input app to enter reporting currency adjustments for the net income before tax. This input app contains the GrsCY_IAS—Current Year (Income Statement) symbol in the Elements dimension (across).

To make NIBT reporting currency only adjustments:

1. In the Tax Provision navigation pane, click Data Collection.
2. Expand National Annual.
3. Use the drop-down list or the symbol selector to select the appropriate entity.

   For more information, see “Using the Symbol Selector”.

4. Click NA1299 - NIBT Reporting Currency Only Adjustments.lvapp. The Longview Symbol Selection page opens.
5. Select the leaf reporting currency from the SourceC—Source Currencies hierarchy to input the reporting currency adjustment. The input app opens in the workspace.

   Note: The input adjustment amount is transferred to the appropriate translated symbol for the reporting currency and the functional currency of the entity. For example, an adjustment input to reporting currency USD for an entity with functional currency EUR would be transferred to USDEUR, which is rolled into the TUSD amount.

6. Enter adjustments for the following element for the current year:

   Element	Symbol
   RepCurAdjNIBTPL—Reporting Currency Only Adjustment - NIBT	Reporting currency only adjustment to impact the net income before tax.

7. When you are finished, click Submit.