Performing General Tax Provision Maintenance Tasks

After you update your hierarchy and add users and user groups, there are a few maintenance tasks that you should perform before you make the system available to users.

Disabling automatic Return to Provision Transfer

Normally, Return to Provision amounts are transferred automatically from the Return to Provision (NA0101) input app to the Current Provision (NA0201) input app, as you enter each individual amount.

If you want RTP transfer to be manual (for example, if you want to complete the Return to Provision before any amounts are transferred), you must delete several event rules and then use the Return to Provision Transfer tool to manually transfer the RTP amount. For more information, see Initiating manual Return to Provision Transfer.

To disable automatic RTP transfer, you must delete the following rules:

• 5101910 - Return to Provision Calculation (NatReturnDet_ASC)
• 5101911 - Return to Provision Calculation (RegReturnDet_ASC)
• 5101912 - Return to Provision Calculation - PShip (NatReturnDet_ASC)
• 5101913 - Return to Provision Calculation - PShip (RegReturnDet_ASC)

To disable automatic Return to Provision Transfer

1. In Longview Component Manager, click Longview Application Administrator.
2. In the contents window, double-click Rules.
3. Right-click the event rule and select Delete.

   Caution: If you delete a rule, it cannot be recovered. Ensure that the correct rule is selected.

4. A confirmation dialog appears. Click Yes.
5. Repeat step 3 and step 4 for each applicable event rule.

Initiating manual Return to Provision Transfer

Use the Return to Provision Transfer tool to manually transfer the RTP amount from the Return to Provision (NA0101) input app to the Current Provision (NA0201) input app.

Normally, the RTP amount is transferred automatically. If you want RTP transfer to be manual (for example, if you want to complete the Return to Provision before any amounts are transferred), you must disable automatic transfer by deleting several event rules, and then use this tool to transfer the data.

For more information, see Disabling automatic Return to Provision Transfer.

To initiate Return to Provision Transfer

1. In the Tax Provision navigation pane, click Administration.
2. Expand Calculations.
3. Click Return to Provision Transfer. The Return to Provision Transfer tool opens.
4. Use the drop-down list or the symbol selector to select the appropriate entity. For more information, see Using the Symbol Selector.
5. Click OK. A confirmation message appears.
6. Click OK to close the dialog. 

Disabling automatic Prior Year Adjustment Transfer

Normally, Prior Year Adjustment amounts are transferred automatically from the Prior Year Adjustment (NA1101) input app to the Current Tax Charge (NA1201) input app, as you enter each individual amount.

If you want PYA transfer to be manual (for example, if you want to complete the Prior Year Adjustment before any amounts are transferred), you must delete several event rules and then use the Prior Year Adjustment Transfer tool to manually transfer the PYA amount. For more information, see Initiating manual Prior Year Adjustment Transfer.

To disable automatic PYA transfer, you must delete the following rules:

• 5201910 - Prior Year Adjustment Calculation (NatReturnDet_IAS)
• 5201911 - Prior Year Adjustment Calculation (RegReturnDet_IAS)
• 5201913 - Prior Year Adjustment Calculation (IFRSISADJD)
• 5201914 - Prior Year Adjustment Calculation - PShip (NatReturnDet_IAS)
• 5201915 - Prior Year Adjustment Calculation - PShip (RegReturnDet_IAS)
• 5201916 - Prior Year Adjustment Calculation - PShip (IFRSISADJD)

To disable automatic Prior Year Adjustment Transfer:

1. In Longview Component Manager, click Longview Application Administrator.
2. In the contents window, double-click Rules.
3. Right-click the event rule and select Delete.

   Caution: If you delete a rule, it cannot be recovered. Ensure that the correct rule is selected.

4. A confirmation dialog appears. Click Yes.
5. Repeat step 3 and step 4 for each applicable event rule.

Initiating manual Prior Year Adjustment Transfer

Use the Prior Year Adjustment Transfer tool to manually transfer the PYA amount from the Prior Year Adjustment (NA1101) input app to the Current Tax Charge (NA1201) input app.

Normally, the PYA amount is transferred automatically. If you want PYA transfer to be manual (for example, if you want to complete the Prior Year Adjustment before any amounts are transferred), you must disable automatic transfer by deleting several event rules, and then use this tool to transfer the data. For more information, see Disabling automatic Prior Year Adjustment Transfer.

To initiate Prior Year Adjustment Transfer

1. In the Tax Provision navigation pane, click Administration.
2. Expand Calculations.
3. Click Prior Year Adjustment Transfer. The Prior Year Adjustment Transfer tool opens.
4. Use the drop-down list or the symbol selector to select the appropriate entity. For more information, see Using the Symbol Selector.
5. Click OK. A confirmation message appears.
6. Click OK to close the dialog.

Updating FX Method Rates

Use the FX Method Rate input app to set the foreign exchange rate to apply to all deferred tax elements.

For information on the default method rates, see Appendix A: Tax method rate table default settings.

To update the FX Method Rate input app

1. In the Tax Provision navigation pane, click Administration.
2. Expand Foreign Exchange.
3. Do one of the following:
   • For ASC, click XCC0101 - FX Method Rate Table.lvapp.
   • For IAS, click XCC1101 - FX Method Rate Table.lvapp.

     The input app opens in the workspace.

4. For each Element symbol (down), specify one of the following foreign exchange tax method rates:

   Note: For information on the symbols in the ELEMENTS dimension for ASC and IAS, and their default settings, see Appendix A: Tax method rate table default settings.

   Symbol	Description
   RPerTax	Income statement period average rate
   RPerTaxB	Beginning of year spot rate
   RPerTaxE	End of year spot rate
   RPerTaxQ1	Q1 spot rate
   RPerTaxQ2	Q2 spot rate
   RPerTaxQ3	Q3 spot rate

5. When you are finished, click Submit.

Updating the FX method rate override table

Use this input app to override configuration settings in the FX Method Rate table, for any combination of translated accounts and elements. For example, you may want to apply a mid-month foreign exchange rate instead of the end-of-month spot rate for a tax payment that was made mid-month.

To view the current configuration settings for the FX Method Rate Override Table, use the FX Method Rate Override Table (XCC0102 - ASC or XCC1102 - IAS) report. You must select the appropriate Element when opening the report. For ASC systems, expand TRNELE and select one or more leafs from the TRNELEASC hierarchy. For IAS systems, expand TRNELE and select one or more leafs from the TRNELEIAS hierarchy.

Note: In order for accounts and elements to use an override method rate, you must set the symbol attribute AZTaxFXOverride to TRUE for the account and element symbols that you intend to override. For more information on setting symbol attributes, see the Longview Application Administrator Guide.

To update the FX Method Rate Override Table input app

1. In the Tax Provision navigation pane, click Administration.
2. Expand Foreign Exchange.
3. Do one of the following:
   • For ASC, click XCC0102 - FX Method Rate Override Table.lvapp.
   • For IAS, click XCC1102 - FX Method Rate Override Table.lvapp.

     The input app opens in the workspace.

4. For each applicable translated account in the ACCOUNTS dimension (down), specify the rate for the symbol in the ELEMENTS dimension: 

   Symbol	Description
   TRNELEASC	This symbol is the parent for all translated ASC elements. Expand it to input override foreign exchange tax method rates for each relevant account and element intersection.
   TRNELEIAS	This symbol is the parent for all translated IAS elements. Expand it to input override foreign exchange tax method rates for each relevant account and element intersection.

   Note: The symbol that appears in the ELEMENTS dimension depends on the input app that is selected in step 3. If XCC0102 is selected, TRNELEASC appears. If XCC1102 is selected, TRNELEIAS appears.

5. When you are finished, click Submit.

Running calculations

There may be times when you want to run certain calculations manually.

Running calculations manually

You can use the Tax Calculations tool to select the calculations to run for specific entities, currencies, and time periods.

The Tax Calculations tool list processes together in logical groups. Depending on your system confirmation and the products you have purchased, you may see processes listed in various ways; however, review the following list for a typical list of processes.

• Provision
  • General
  • Interim Period Only
  • Return Period Only
  • Multi-Regional Provision
• Global Transparency
• Task Management
• Other

To manually run calculations

1. In the Tax Provision navigation pane, click Administration.
2. Expand Calculations, and then click Tax Calculations. The Tax Calculations tool opens in the workspace.
3. In the Entities field on the toolbar, type the name of an entity, use the drop-down list, or use the symbol selector to select the entities for which to run calculations. For more information on searching for symbols, see Using the Symbol Selector.

   Note: You cannot manually run calculations on automation groups.

4. Use the levels list to select ### or #99 for the selected entities. ### includes all leaf symbols related to the parent symbol. #99 includes the parent symbol and 99 levels of its descendents.
5. Click Update.

   Note: Click Entities to change your selection at any time.

6. Repeat step 3 to step 5 for Currencies.
7. Repeat step 3 and step 5 for Time Periods.
8. In the appropriate column, select the process to run based on the specified Active Period, associated Return Period, or both periods for the specified entities and currencies.

   Note: Depending on the configuration of your system, you may not see ASC or IAS.

9. To run calculations with the default data area, proceed to step 13. To change the data area for a selected calculation, select the row of the calculation you want to change.
10. For all dimensions other than the time periods dimension, double-click the symbol you want to change in the desired dimension for that calculation.

    Note: You can use the Show Settings button to view the symbols selected for each dimension. For more information, see Running calculations from administrative editors.

11. Type a new symbol.
12. Repeat step 10 to step 11 for each calculation data area you want to change.

    Note: At any time you can return all symbol selections to the default values by clicking Reset on the toolbar. For more information, see Using Tax Calculations buttons.

13. Click Run Calculations to save your symbol selections and run the selected calculations. The calculation request is sent to the server, and a message dialog opens.

    Note: To view the status of calculations, use the Event Status tool.

14. Click Close.

Using Tax Calculations buttons

The following buttons are available on the Tax Calculations toolbar:

Running calculations from administrative editors

Clicking the Run Calculations button runs any calculations selected on, or affected by changes made to, the administrative editor in view. Run Calculations applies to all pages associated with the administrative editor. For example, clicking Run Calculations in the Current and Deferred Tax editor runs calculations on the National Deferred Tax page, the National Current Tax page, the Regional Deferred Tax page, and the Regional Current Tax page.

Click the Run Calculations button in any administrative editor to run specific events. The following table lists the events that run in each editor.