Reviewing the interim allocation
You can use the interim allocation report to view the allocation of the interim deferred expense to each temporary difference account under DEFTAX.
Interim Allocation report (RF0804)
This report shows the calculation of deferred tax expense by temporary difference based on the allocation of deferred tax expense plus discrete tax amounts automatically calculated in the system for Return to Accrual adjustments, Taxing Authority Audit Adjustments, and Tax Impact of Enacted Rate Changes.
Note: For more information on reports, see "Working with reports".
You can use the interim allocation report to view the allocation of the interim deferred expense (element NetRDfdTIP_ASC) for each temporary difference account under DEFTAX from the source data in the “ETR and Discrete Items Interim report (RF0803)”.
This report contains the following symbols in the Elements dimension (across):
Element symbol | Description |
|---|---|
NetREOYIPT_ASC—Regional Interim EOY Deferred Tax Asset /(Liability) | Regional interim deferred tax expense. |
NetRALLPCTIP_ASC—Regional Interim Allocation Percentage | Interim allocation percentage. |
NetRTDPBSIP_ASC—Regional Interim Total Deferred Provision - BS | Regional Interim total deferred provision from balance sheet. |
NetRRTPDfd_ASC—Regional RTP Deferred Only Impact | Regional return to provision deferred only impact. |
NetRRARDfd_ASC—Regional RAR Deferred Only Impact | Regional Revenue Agent’s Report deferred only impact. |
NetRRCBOYDfdIP_ASC—Regional Tax Rate Change BOY - Deferred Tax Expense | Regional beginning of year tax rate change. |
NetRRCAcqDfdIP_ASC—Regional Tax Rate Change Acquisition - Deferred Tax Expense | Regional Acquisitions tax rate change. |
NetRRCCYDfdIP_ASC—Regional Tax Rate Change CY - Deferred Tax Expense | Regional current year tax rate change. |
NetRValAllowDfdIP_ASC—Regional Interim Valuation Allowance Deferred Tax Expense | Regional interim valuation allowance. |
NetRDfdTIP_ASC—Regional Total Interim Deferred Tax Expense/Benefit | Sum of forecasted regional deferred tax expense and the interim regional deferred tax expense. |
To review the Interim Allocation report:
- In the Tax Provision navigation pane, click Reports.
- Expand Regional Interim.
- Use the drop-down list or the symbol selector to select the appropriate entity.
For more information, see “Using the Symbol Selector”.
- Click RF0804 - Interim Allocation Regional.rtp. The report opens in the workspace.
- Review the account values for each appropriate element.