Updating And Reviewing The Tax Account Rollforward
Tax Provision automatically loads the beginning of year and end of year General Ledger balances and system calculated provisions. Then you can manually enter non-automated activity (tax payments, tax refunds, income tax audits, or other adjustments) in an input app.
Tax Account Rollforward (TARF) input app (CC0601)
Use this input app to enter manual adjustments, such as payments, refunds, and adjustments to the tax account rollforward. You can input data only for these accounts for the rows (elements) that are not automatically calculated by the system (for example, by CTA) or populated through the tax account rollforward mapping process as specified by your Tax Administrator. The manual adjustment accounts allow you to track tax activity for each primary tax category.
This input app includes Analyze functionality. For more information, see Analyzing data for automation source information.
This input app contains the following symbols in the Accounts dimension (across):
| Account symbol | Description |
|---|---|
IncTaxExpCur — National Current Income Tax Expense/(Benefit) |
This column represents the activity related to the national current provision. Typically, this account is mapped from the Current Provision input app (NA0201). If your company is using the standard interim process, data is mapped to this account from the ETR and Discrete Items Interim input app (NF0803). You can make manual adjustments to capture data in the general ledger that is not included as part of the provision or other adjustments. |
IncTaxExpDfd — National Deferred Income Tax Expense/(Benefit) |
This column represents the activity related to the national deferred provision. Typically, this account is mapped from the Deferred Tax Rollforward report (NA0401). If your company is using the standard interim process, data is mapped to this account from the Deferred Tax Rollforward Interim report (NF0403). You can make manual adjustments to capture data in the general ledger that is not included as part of the provision or other adjustments. |
IncTaxExp — National Total Income Tax Expense/(Benefit) |
This column represents the total income tax provision and is the sum of IncTaxExpCur and IncTaxExpDfd. |
RegIncTaxExpCur — Regional Current Income Tax Expense/(Benefit) |
This column represents the activity related to the regional current provision. Typically, this account is mapped from the Current Provision input app (RA0201). If your company is using the standard interim process, data is mapped to this account from the ETR and Discrete Items Interim input app (RF0803). You can make manual adjustments to capture data in the general ledger that is not included as part of the provision or other adjustments. |
RegIncTaxExpDfd — Regional Deferred Income Tax Expense/(Benefit) |
This column represents the activity related to the regional deferred provision. Typically, this account is mapped from the Deferred Tax Rollforward report (RA0401). If your company is using the standard interim process, data is mapped to this account from the Deferred Tax Rollforward Interim report (RF0403). You can make manual adjustments to capture data in the general ledger that is not included as part of the provision or other adjustments. |
RegIncTaxExp — Regional Total Income Tax Expense/(Benefit) |
This column represents the total regional income tax provision and is the sum of RegIncTaxExpCur and RegIncTaxExpDfd. |
TotIncTaxExp_ASC — Total Income Tax Expense/(Benefit) |
This column represents the income tax provision and is the sum of IncTaxExp and RegIncTaxExp. |
DefTaxCA — National Deferred Tax Current Asset |
This column represents the activity related to the national deferred tax rollforward for temporary differences classified as current assets. Typically, this account is mapped from the Deferred Tax - for Tax Account Rollforward report (NA0404). If your company is using the standard interim process, data is mapped to this account from the Deferred Tax Classification Interim report (NF0404). You can make manual adjustments to capture data in the general ledger that is not included as part of the rollforward or other adjustments. |
DefTaxCL — National Deferred Tax Current Liability |
This column represents the activity related to the national deferred tax rollforward for temporary differences classified as current liabilities. Typically, this account is mapped from the Deferred Tax - for Tax Account Rollforward report (NA0404). If your company is using the standard interim process, data is mapped to this account from the Deferred Tax Classification Interim report (NF0404). You can make manual adjustments to capture data in the general ledger that is not included as part of the rollforward or other adjustments. |
DefTaxNA — National Deferred Tax Non-Current Asset |
This column represents the activity related to the national deferred tax rollforward for temporary differences classified as non-current assets. Typically, this account is mapped from the Deferred Tax - for Tax Account Rollforward report (NA0404). If your company is using the standard interim process, data is mapped to this account from the Deferred Tax Classification Interim report (NF0404). You can make manual adjustments to capture data in the general ledger that is not included as part of the rollforward or other adjustments. |
DefTaxNL — National Deferred Tax Non-Current Liability |
This column represents the activity related to the national deferred tax rollforward for temporary differences classified as non-current liabilities. Typically, this account is mapped from the Deferred Tax - for Tax Account Rollforward report (NA0404). If your company is using the standard interim process, data is mapped to this account from the Deferred Tax Classification Interim report (NF0404). You can make manual adjustments to capture data in the general ledger that is not included as part of the rollforward or other adjustments. |
DefTaxValC — National Valuation Allowance – Current |
This column represents the activity related to the national deferred tax rollforward for valuation allowances classified as current. Typically, this account is mapped from the Deferred Tax - for Tax Account Rollforward report (NA0404). If your company is using the standard interim process, data is mapped to this account from the Deferred Tax Classification Interim report (NF0404). You can make manual adjustments to capture data in the general ledger that is not included as part of the rollforward or other adjustments. |
DefTaxValNC — National Valuation Allowance – Non-Current |
This column represents the activity related to the national deferred tax rollforward for valuation allowances classified as non-current. Typically, this account is mapped from the Deferred Tax - for Tax Account Rollforward report (NA0404). If your company is using the standard interim process, data is mapped to this account from the Deferred Tax Classification Interim report (NF0404). You can make manual adjustments to capture data in the general ledger that is not included as part of the rollforward or other adjustments. |
DefTaxT — National Total Deferred Tax Asset/(Liabilities) |
This column represents the total national deferred tax balance and is the sum of DefTaxCA, DefTaxCL, DefTaxNA, DefTaxNL, DefTaxValC, and DefTaxValNC. |
RegDefTaxCA — Regional Deferred Tax Current Asset |
This column represents the activity related to the regional deferred tax rollforward for temporary differences classified as current assets. Typically, this account is mapped from the Deferred Tax - for Tax Account Rollforward report (RA0404). If your company is using the standard interim process, data is mapped to this account from the Deferred Tax Classification Interim report (RF0404). You can make manual adjustments to capture data in the general ledger that is not included as part of the rollforward or other adjustments. |
RegDefTaxCL — Regional Deferred Tax Current Liability |
This column represents the activity related to the regional deferred tax rollforward for temporary differences classified as current liabilities. Typically, this account is mapped from the Deferred Tax - for Tax Account Rollforward report (RA0404). If your company is using the standard interim process, data is mapped to this account from the Deferred Tax Classification Interim report (RF0404). You can make manual adjustments to capture data in the general ledger that is not included as part of the rollforward or other adjustments |
RegDefTaxNA — Regional Deferred Tax Non-Current Asset |
This column represents the activity related to the regional deferred tax rollforward for temporary differences classified as non-current assets. Typically, this account is mapped from the Deferred Tax - for Tax Account Rollforward report (RA0404). If your company is using the standard interim process, data is mapped to this account from the Deferred Tax Classification Interim report (RF0404). You can make manual adjustments to capture data in the general ledger that is not included as part of the rollforward or other adjustments. |
RegDefTaxNL — Regional Deferred Tax Non-Current Liability |
This column represents the activity related to the regional deferred tax rollforward for temporary differences classified as non-current liabilities. Typically, this account is mapped from the Deferred Tax - for Tax Account Rollforward report (RA0404). If your company is using the standard interim process, data is mapped to this account from the Deferred Tax Classification Interim report (RF0404). You can make manual adjustments to capture data in the general ledger that is not included as part of the rollforward or other adjustments. |
RegDefTaxValC — Regional Valuation Allowance – Current |
This column represents the activity related to the regional deferred tax rollforward for valuation allowances classified as current. Typically, this account is mapped from the Deferred Tax - for Tax Account Rollforward report (RA0404). If your company is using the standard interim process, data is mapped to this account from the Deferred Tax Classification Interim report (RF0404). You can make manual adjustments to capture data in the general ledger that is not included as part of the rollforward or other adjustments. |
RegDefTaxValNC — Regional Valuation Allowance – Non-Current |
This column represents the activity related to the regional deferred tax rollforward for valuation allowances classified as non-current. Typically, this account is mapped from the Deferred Tax - for Tax Account Rollforward report (RA0404). If your company is using the standard interim process, data is mapped to this account from the Deferred Tax Classification Interim report (RF0404). You can make manual adjustments to capture data in the general ledger that is not included as part of the rollforward or other adjustments. |
RegDefTaxT — Regional Total Deferred Tax Asset/(Liabilities) |
This column represents the total regional deferred tax balance and is the sum of RegDefTaxCA, RegDefTaxCL, RegDefTaxNA, RegDefTaxNL, RegDefTaxValC, and RegDefTaxValNC. |
TotDefTaxT_ASC — Total Deferred Tax Asset/(Liability) |
This column represents the total deferred tax balance and is the sum of DefTaxT and RegDefTaxT. |
NatIncTaxRec — National Income Tax Receivable |
This column represents activity posted to the national income tax receivable. No mappings are provided for this account. You can make manual adjustments to capture data in the general ledger that is not included as part of the provision or other adjustments (for example, reclass from the National Income Tax Payable account). |
NatIncTaxPay — National Income Tax Payable |
This column represents activity posted to the national income tax payable. Typically, this account (except for activity relating to Uncertain Tax Position) is mapped from the Current Provision input app (NA0201). If your company is using the standard interim process, data is mapped to this account from the ETR and Discrete Items Interim report (NF0803). You can make manual adjustments to capture data in the general ledger that is not included as part of the provision or other adjustments. |
RegIncTaxRec — Regional Income Taxes Receivable |
This column represents activity posted to the regional income tax receivable. No mappings are provided for this account. You can make manual adjustments to capture data in the general ledger that is not included as part of the provision or other adjustments (for example, reclass from the Regional Income Tax Payable account). |
RegIncTaxPay — Regional Income Tax Payable |
This column represents activity posted to the regional income tax payable. Typically, this account (except for activity relating to Uncertain Tax Position) is mapped from the Current Provision input app (RA0201). If your company is using the standard interim process, data is mapped to this account from the ETR and Discrete Items Interim report (RF0803). You can make manual adjustments to capture data in the general ledger that is not included as part of the provision or other adjustments. |
IncTaxPayL — Long Term Income Tax Payable |
This column represents activity posted to the long-term income tax payable. Typically, data from the Current Provision input app (NA0201) and the Current Provision input app (RA0201) relating to Uncertain Tax Position is mapped to this account. If your company is using the standard interim process, data is mapped to this account from the ETR and Discrete Items Interim report (RF0803). You can make manual adjustments to capture data in the general ledger that is not included as part of the provision or other adjustments. |
IncTaxPay — Total Income Tax Receivable / Payable |
This column represents the total net payable balance and is the sum of NatIncTaxRec, NatIncTaxPay, RegIncTaxRec, RegIncTaxPay, and IncTaxPayL. |
NatIncTxEq — National Income Tax - Equity Adjustments |
This column represents national provision-related activity that should be posted to equity or equity-related accounts. No mappings are provided for this account. You can make manual adjustments to capture data in the general ledger that is not included as part of the provision or other adjustments. |
NatIncTxOCI — National Income Tax - OCI Adjustments |
This column represents national provision-related activity that should be posted to OCI or OCI-related accounts. No mappings are provided for this account. You can make manual adjustments to capture data in the general ledger that is not included as part of the provision or other adjustments. |
NatIncTxOth — National Income Tax - Other Adjustments |
This column represents national provision-related activity that should be posted to a non-provision-related account. No mappings are provided for this account. You can make manual adjustments to capture data in the general ledger that is not included as part of the provision or other adjustments. |
NatEqOCIOth — National Equity, OCI, and Other Adjustments |
This column represents the total national non-provision-related activity and is the sum of NatIncTxEq, NatIncTxOCI, and NatIncTxOth. |
RegIncTxEq — Regional Income Tax - Equity Adjustments |
This column represents regional provision-related activity that should be posted to equity or equity-related accounts. No mappings are provided for this account. You can make manual adjustments to capture data in the general ledger that is not included as part of the provision or other adjustments. |
RegIncTxOCI — Regional Income Tax - OCI Adjustments |
This column represents regional provision-related activity that should be posted to OCI or OCI-related accounts. No mappings are provided for this account. You can make manual adjustments to capture data in the general ledger that is not included as part of the provision or other adjustments. |
RegIncTxOth — Regional Income Tax - Other Adjustments |
This column represents regional provision-related activity that should be posted to a non-provision-related account. No mappings are provided for this account. You can make manual adjustments to capture data in the general ledger that is not included as part of the provision or other adjustments. |
RegEqOCIOth — Regional Equity, OCI, and Other Adjustments |
This column represents the total regional non-provision-related activity and is the sum of RegIncTxEq, RegIncTxOCI, and RegIncTxOth. |
TotEqOCIOth — Total Equity, OCI, and Other Adjustments |
This column represents the total non-provision-related activity and is the sum of NatEqOCIOth and RegEqOCIOth. |
To make manual adjustments to the tax account rollforward:
- In the Tax Provision navigation pane, click Data Collection.
- Expand Common.
- Use the drop-down list or the symbol selector to select the appropriate entity. For more information, see Using the Symbol Selector.
- Click CC0601 - Tax Account Rollforward (TARF).lvapp. The input app opens in the workspace.
- Expand the RFwdBOYA_ASC — Balance - Beginning of Year as Adjusted category and enter data manually for the following elements for each appropriate symbol in the Accounts dimension:
RFwdBOYAdjM_ASC — BOY - Adjustments - Manual: Use this row to post manual adjustments to the beginning of year balance.
- Expand the RFwdRefPY_ASC — Tax (refunds) for prior year category and enter data manually for each appropriate symbol in the Accounts dimension:
RFwdRefPY1_ASC — First Quarter: Prior year tax refunds for the first quarter.
RFwdRefPY2_ASC — Second Quarter: Prior year tax refunds for the second quarter.
RFwdRefPY3_ASC — Third Quarter: Prior year tax refunds for the third quarter.
RFwdRefPY4_ASC — Fourth Quarter: Prior year tax refunds for the fourth quarter.
- Expand the RFwdPayPY_ASC — Tax payments for prior years category and enter data manually for each appropriate symbol in the Accounts dimension:
RFwdPayPY1_ASC — First Quarter: Prior year tax payments for the first quarter.
RFwdPayPY2_ASC — Second Quarter: Prior year tax payments for the second quarter.
RFwdPayPY3_ASC — Third Quarter: Prior year tax payments for the third quarter.
RFwdPayPY4_ASC — Fourth Quarter: Prior year tax payments for the fourth quarter.
- Expand the RFwdRefCY_ASC — Tax (refunds) for current year category and enter data manually for each appropriate symbol in the Accounts dimension:
RFwdRefCY1_ASC — First Quarter: Current year tax refunds for the first quarter.
RFwdRefCY2_ASC — Second Quarter: Current year tax refunds for the second quarter.
RFwdRefCY3_ASC — Third Quarter: Current year tax refunds for the third quarter.
RFwdRefCY4_ASC — Fourth Quarter: Current year tax refunds for the fourth quarter.
- Expand the RFwdPayCY_ASC — Tax payments for current year category and enter data manually for the following elements for each appropriate symbol in the Accounts dimension:
RFwdPayCY1_ASC — First Quarter: Current year tax payments for the first quarter.
RFwdPayCY2_ASC — Second Quarter: Current year tax payments for the second quarter.
RFwdPayCY3_ASC — Third Quarter: Current year tax payments for the third quarter.
RFwdPayCY4_ASC — Fourth Quarter: Current year tax payments for the fourth quarter.
- Expand the RFwdUTP_ASC — UTP category and enter data manually for the following elements for each appropriate symbol in the Accounts dimension:
RFwdUTPR_ASC — UTP Reclass Manual Adjustment: Use this row to input any reclassification or adjustment needed for Uncertain Tax Position (UTP) activity.
- Expand the RFwdAdjT_ASC — Adjustments Total category and enter data manually for the following elements for each appropriate symbol in the Accounts dimension:
RFwdAdjDfdPL_ASC — Reclass of Deferred Tax Accounts - Income Statement: Use this row to input any adjustments to the deferred provision activity.
RFwdAdjVAPL_ASC — Reclass of Valuation Allowance - Income Statement: Use this row to input any adjustments to the valuation allowance activity.
RFwdAdjMisc_ASC — Miscellaneous Tax Adjustments: Use this row to input any adjustments to the various tax accounts in the tax account rollforward.
RFwdAdjOth_ASC — Other: Use this row to input any adjustments to the various tax accounts in the tax account rollforward.
- When you are finished, click Submit.