Updating And Reviewing The Tax Account Rollforward
You can use the Tax Account Rollforward (TARF) input app to include additional amounts in the Tax Account Rollforward (TARF) report that are not populated from other calculations. This includes prior year adjustments and adjustments to current tax balances from acquisitions, disposals, and transfers, and tax cash payments or receipts.
Tax Account Rollforward (TARF) input app (CC1601)
Use this input app to record the manual inputs (prior year adjustments, payments, refunds, adjustments) to the Tax Account Rollforward.
Administrators can change the columns that appear in this input app using the Tax Account Rollforward Data Transfer editor.
For more information, see the Longview Tax Administrator’s Guide.
You can input data only for the rows (elements) that are not automatically calculated by the system (for example, CTA) or populated through the TARF mapping process, which maps tax charge data into the tax account rollforward.
This input app contains the following symbols in the Accounts dimension (across):
| Symbol | Description |
|---|---|
IncTaxExpCurCY — National Current Income Tax Expense/ (Benefit) - Current Year |
This column represents the current year activity related to the national current tax charge. Typically, this account is mapped from the Current Tax Charge input app (NA1201). You can make manual adjustments to capture data in the general ledger that is not included as part of the tax charge or other adjustments. |
IncTaxExpCurPY — National Current Income Tax Expense/ (Benefit) - Prior Year |
This column represents the prior year activity (for example, true-up) related to the national current tax charge. Typically, this account is mapped from the Prior Year Adjustment input app (NA1101). You can make manual adjustments to capture data in the general ledger that is not included as part of the tax charge or other adjustments. |
IncTaxExpCurOPY — National Current Income Tax Expense/ (Benefit) - Earlier Years |
You can use this account to enter current tax charge activity related to years prior to the preceding year. Manual input is allowed for any row (element) that does not use TARF transfer mappings. |
IncTaxExpCur_IAS — National Current Income Tax Expense/ (Benefit) - Total |
This column represents the current national income tax amount calculated in the current tax charge. |
IncTaxExpDfdCY — National Deferred Income Tax Expense/ (Benefit) - Current Year |
This column represents the current year activity related to the national deferred tax charge. Typically, this account is mapped from the Deferred Tax Account report (NA1401). You can make manual adjustments to capture data in the general ledger that is not included as part of the tax charge or other adjustments. |
IncTaxExpDfdPY — National Deferred Income Tax Expense/ (Benefit) - Prior Year |
This column represents the prior year activity (for example, true-up) related to the national deferred tax charge. Typically, this account is mapped from the Deferred Tax Account report (NA1401). You can make manual adjustments to capture data in the general ledger that is not included as part of the tax charge or other adjustments. |
IncTaxExpDfd_IAS — National Deferred Income Tax Expense/ (Benefit) - Total |
This column represents the total national deferred income tax charge and is the sum of IncTaxExpDfdCY and IncTaxExpDfdPY. |
IncTaxExp_IAS — National Total Income Tax Expense/(Benefit) |
This column represents the total national income tax charge and is the sum of IncTaxExpCur and IncTaxExpDfd. |
RegIncTaxExpCurCY — Regional Current Income Tax Expense/ (Benefit) - Current Year |
This column represents the current year activity related to the regional current tax charge. Typically, this account is mapped from the Current Tax Charge input app (RA1201). You can make manual adjustments to capture data in the general ledger that is not included as part of the tax charge or other adjustments. |
RegIncTaxExpCurPY — Regional Current Income Tax Expense/ (Benefit) - Prior Year |
This column represents the prior year activity (e.g. true-up) related to the regional current tax charge. Typically, this account is mapped from the Prior Year Adjustment input app (NA1101). You can make manual adjustments to capture data in the general ledger that is not included as part of the tax charge or other adjustments. |
RegIncTaxExpCurOPY — Regional Current Income Tax Expense/ (Benefit) - Earlier Years |
Use this account to enter tax charge activity related to years prior to the preceding year. Manual input is allowed for any row (element) that does not use TARF transfer mappings. |
RegIncTaxExpCur_IAS — Regional Current Income Tax Expense/ (Benefit) - Total |
This column represents the total regional current income tax charge and is the sum of RegIncTaxExpCurCY, RegIncTaxExpCurPY, and RegIncTaxExpCurOPY. |
RegIncTaxExpDfdCY — Regional Deferred Income Tax Expense/ (Benefit) - Current Year |
This column represents the current year activity related to the regional deferred tax charge. Typically, this account is mapped from the Deferred Tax Account report (RA1401). You can make manual adjustments to capture data in the general ledger that is not included as part of the tax charge or other adjustments. |
RegIncTaxExpDfdPY — Regional Deferred Income Tax Expense/ (Benefit) - Prior Year |
This column represents the prior year activity (for example, true-up) related to the regional deferred tax charge. Typically, this account is mapped from the Deferred Tax Account report (RA1401). You can make manual adjustments to capture data in the general ledger that is not included as part of the tax charge or other adjustments. |
RegIncTaxExpDfd_IAS — Regional Deferred Income Tax Expense/ (Benefit) - Total |
This column represents the total national deferred income tax charge and is the sum of RegIncTaxExpDfdCY and RegIncTaxExpDfdPY |
RegIncTaxExp_IAS — Regional Total Income Tax Expense/(Benefit) |
This column represents the total regional income tax charge and is the sum of RegIncTaxExpCur and RegIncTaxExpDfd. |
TotIncTaxExp_IAS — Total Income Tax Expense/(Benefit) |
This column represents the total income tax charge and is the sum of IncTaxExp and RegIncTaxExp. |
DefTaxCA_IAS — 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 (NA1404). If your company is using the standard interim process, data is mapped to this account from the Deferred Tax Recognised Interim report (NF1404). 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_IAS — 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 (NA1404). If your company is using the standard interim process, data is mapped to this account from the Deferred Tax Recognised Interim report (NF1404). 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_IAS — 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 (NA1404). 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_IAS — 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 (NA1404). 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_IAS — National Total Deferred Tax Asset/(Liability) |
This column represents the total national deferred tax balance and is the sum of DefTaxCA_IAS, DefTaxCL, DefTaxNA, and DefTaxNL. |
RegDefTaxCA_IAS — 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 (RA1404). 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_IAS — 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 (RA1404). 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_IAS — 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 (RA1404). 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_IAS — 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 (RA1404). 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_IAS — Regional Total Deferred Tax Asset/(Liability) |
This column represents the total regional deferred tax balance and is the sum of RegDefTaxCA, RegDefTaxCL, RegDefTaxNA, and RegDefTaxNL. |
TotDefTaxT_IAS — Total Deferred Tax Asset/(Liability) |
This column represents the total deferred tax balance and is the sum of DefTaxT and RegDefTaxT. |
IncTaxPayL_IAS — Long Term Income Tax Payable |
This column represents activity posted to the long term income tax payable. Typically, data related to Uncertain Tax Positions is mapped to this account from the Current Tax Charge input app (NA1201) and Current Tax Charge input app (RA1201). You can make manual adjustments to capture data in the general ledger that is not included as part of the tax charge or other adjustments. |
NatIncTaxRec_IAS — National Income Tax Receivable |
This column represents activity posted to the national income tax receivable. No mappings are provided for this account as part of the preconfigured standard. You can make manual adjustments to capture data in the general ledger that is not included as part of the tax charge or other adjustments, for example, reclass from the national income tax payable account. |
NatIncTaxPayGRLF — Income Tax Payable - Internally as Group Relief |
This column represents activity posted to the national income tax payable related to Group Relief. No mappings are provided for this account as part of the preconfigured standard. You can make manual adjustments to capture data in the general ledger that is not included as part of the tax charge or other adjustments, for example, reclass from the national income tax payable account. |
NatIncTaxPayWHT — Income Tax Payable - Overseas as WHT |
This column represents activity posted to the national income tax payable related to Overseas Withholding. No mappings are provided for this account as part of the preconfigured standard. You can make manual adjustments to capture data in the general ledger that is not included as part of the tax charge or other adjustments, for example, reclass from the national income tax payable account. |
NatIncTaxPayEXT — Income Tax Payable - Externally |
This column represents activity posted to the regional income tax payable. Typically, data (other than activity related to Uncertain Tax Positions) is mapped to this account from the Current Tax Charge input app (NA1201). You can make manual adjustments to capture data in the general ledger that is not included as part of the tax charge or other adjustments, for example, payments, refunds, and other adjustments. |
NatIncTaxPay_IAS — National Income Tax Payable |
This column represents the total national income tax payable and is the sum of IncTaxPayL, NatIncTaxRec, NatIncTaxPayGRLF, NatIncTaxPayWHT, and NatIncTaxPayEXT. |
RegIncTaxRec_IAS — Regional Income Taxes Receivable |
This column represents activity posted to the regional income tax receivable. No mappings are provided for this account as part of the preconfigured standard. You can make manual adjustments to capture data in the general ledger that is not included as part of the tax charge or other adjustments, for example, reclass from the regional income tax payable account. |
RegIncTaxPayGRLF — Regional Income Tax Payable - Internally as Group Relief |
This column represents activity posted to the regional income tax payable related to Group Relief. No mappings are provided for this account as part of the preconfigured standard. You can make manual adjustments to capture data in the general ledger that is not included as part of the tax charge or other adjustments, for example, reclass from the regional income tax payable account. |
RegIncTaxPayWHT — Regional Income Tax Payable - Overseas as WHT |
This column represents activity posted to the regional income tax payable related to Overseas Withholding. No mappings are provided for this account as part of the preconfigured standard. You can make manual adjustments to capture data in the general ledger that is not included as part of the tax charge or other adjustments, for example, reclass from the regional income tax payable account. |
RegIncTaxPayEXT — Regional Income Tax Payable – Externally |
This column represents activity posted to the regional income tax payable. Typically, data (other than activity related to Uncertain Tax Positions) is mapped to this account from the Current Tax Charge input app (RA1201). You can make manual adjustments to capture data in the general ledger that is not included as part of the tax charge or other adjustments, for example, payments, refunds, and other adjustments. |
RegIncTaxPay_IAS — Regional Income Tax Payable |
This column represents the total regional income tax payable and is the sum of RegIncTaxRec,RegIncTaxPayGRLF, RegIncTaxPayWHT, and RegIncTaxPayEXT. |
IncTaxPay_IAS — Total Income Tax Receivable / Payable |
This column represents the total income tax payable and is the sum of IncTaxPay and RegIncTaxPay. |
NatIncTxEq_IAS — National Income Tax - Equity Adjustments |
This column represents national tax charge related activity that should be posted to equity or equity-related accounts. No mappings are provided for this account as part of the preconfigured standard. You can make manual adjustments to capture data in the general ledger that is not included as part of the tax charge or other adjustments. |
NatIncTxOCI_IAS — National Income Tax - OCI Adjustments |
This column represents national tax charge related activity that should be posted to OCI or an OCI-related account. Non-tax charge activity is mapped to this account from the Deferred Tax Account report (NA1401). You can make manual adjustments to capture data in the general ledger that is not included as part of the tax charge or other adjustments. |
NatIncTxOth_IAS — National Income Tax - Other Adjustments |
This column represents national tax charge related activity that should be posted to a non-tax charge related account. No mappings are provided for this account as part of the preconfigured standard. You can make manual adjustments to capture data in the general ledger that is not included as part of the tax charge or other adjustments. |
NatEqOCIOth_IAS — National Equity, OCI, and Other Adjustments |
This column represents the total of the non-tax charge related activity and is the sum of NatIncTxEq, NatIncTxOCI, and NatIncTxOth. |
RegIncTxEq_IAS — Regional Income Tax - Equity Adjustments |
This column represents regional tax charge related activity that should be posted to equity or equity-related accounts. No mappings are provided for this account as part of the preconfigured standard. You can make manual adjustments to capture data in the general ledger that is not included as part of the tax charge or other adjustments. |
RegIncTxOCI_IAS — Regional Income Tax - OCI Adjustments |
This column represents regional tax charge related activity that should be posted to OCI or OCI-related account. Non-tax charge activity is mapped to this account from the Deferred Tax Account report (RA1401). You can make manual adjustments to capture data in the general ledger that is not included as part of the tax charge or other adjustments. |
RegIncTxOth_IAS — Regional Income Tax - Other Adjustments |
This column represents regional tax charge related activity that should be posted to a non-tax charge related account. No mappings are provided for this account as part of the preconfigured standard. You can make manual adjustments to capture data in the general ledger that is not included as part of the tax charge or other adjustments. |
RegEqOCIOth_IAS — Regional Equity, OCI, and Other Adjustments |
This column represents the total of the non-tax charge related activity and is the sum of RegIncTxEq, RegIncTxOCI, and RegIncTxOth. |
TotEqOCIOth_IAS — Total Equity,OCI, and Other Adjustments |
This column represents the total of all non-tax charge related activity and is the sum of NatEqOCIOth and RegEqOCIOth. |
To update 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 CC1601 - Tax Account Rollforward (TARF).lvapp. The input app opens in the workspace.
- Expand the RFwdBOYA_IAS — Balance - Beginning of Year as Adjusted category and enter data for the following elements for each appropriate symbol in the Accounts dimension:
RFwdBOYAdjM_IAS — BOY -Adjustments - Manual: Use this row to post manual adjustments to the beginning of year balance.
- Expand the RFwdRefPY_IAS — Tax (Refunds) for Prior Year category and enter data for each appropriate symbol in the Accounts dimension:
RFwdRefPY1_IAS — First Quarter: Prior year tax refunds for the first quarter.
RFwdRefPY2_IAS — Second Quarter: Prior year tax refunds for the second quarter.
RFwdRefPY3_IAS — Third Quarter: Prior year tax refunds for the third quarter.
RFwdRefPY4_IAS — Fourth Quarter: Prior year tax refunds for the fourth quarter.
- Expand the RFwdPayPY_IAS — Tax Payments for Prior Years category and enter data for each appropriate symbol in the Accounts dimension:
RFwdPayPY1_IAS — First Quarter: Prior year tax payments for the first quarter.
RFwdPayPY2_IAS — Second Quarter: Prior year tax payments for the second quarter.
RFwdPayPY3_IAS — Third Quarter: Prior year tax payments for the third quarter.
RFwdPayPY4_IAS — Fourth Quarter: Prior year tax payments for the fourth quarter.
- Expand the RFwdRefCY_IAS — Tax (Refunds) for Current Year category and enter data for each appropriate symbol in the Accounts dimension:
RFwdRefCY1_IAS — First Quarter: Current year tax refunds for the first quarter.
RFwdRefCY2_IAS — Second Quarter: Current year tax refunds for the second quarter.
RFwdRefCY3_IAS — Third Quarter: Current year tax refunds for the third quarter.
RFwdRefCY4_IAS — Fourth Quarter: Current year tax refunds for the fourth quarter.
- Expand the RFwdPayCY_IAS — Tax Payments for Current Year category and enter data for the following elements for each appropriate symbol in the Accounts dimension:
RFwdPayCY1_IAS — First Quarter: Current year tax payments for the first quarter.
RFwdPayCY2_IAS — Second Quarter: Current year tax payments for the second quarter.
RFwdPayCY3_IAS — Third Quarter: Current year tax payments for the third quarter.
RFwdPayCY4_IAS — Fourth Quarter: Current year tax payments for the fourth quarter.
- Expand the RFwdUTP_IAS — UTP category and enter data for the following elements for each appropriate symbol in the Accounts dimension:
RFwdUTPR_IAS — UTP Reclass Manual Adjustment: Use this row to input any reclassification or adjustment needed for Uncertain Tax Position (UTP) activity.
- Expand the RFwdAdjT_IAS — Adjustments Total category and enter data for the following elements for each appropriate symbol in the Accounts dimension:
RFwdAdjDfdPL_IAS — Reclass of Deferred Tax Accounts - Income Statement: Use this row to input any adjustments to the deferred tax charge activity.
RFwdAdjMisc_IAS — Miscellaneous Tax Adjustments: Use this row to input any adjustments to the various tax accounts in the tax account rollforward.
RFwdAdjOth_IAS — Other: Use this row to input any adjustments to the various tax accounts in the tax account rollforward.
- When you are finished, click Submit.