Introducing Longview Tax Provision Implementation
Introducing Longview Tax Provision ImplementationLongview provides corporate performance management (CPM) software that leading companies use to drive performance with speed, visibility, and financial integrity. Since 1994, many of the world's most respected companies have been using our technology platform to create a single repository of financial truth from which statutory consolidation, man...
Introducing tax provision
Introducing tax provisionTax Provision calculates your company’s global tax charge, effective tax rate, and deferred taxes for tax provisioning purposes. Since Tax Provision uses the same technological platform as your corporate performance management solution, the tax reporting process is directly integrated into the corporate close process. As one solution, consolidated pretax income can be r...
Implementation tasks in Tax Provision
Implementation tasks in Tax ProvisionAs Tax Implementer, it is your responsibility to set up Tax Provision for initial use. Tax Provision includes import files that can facilitate the initial setup and loading of data into the system. You can also export existing settings and data.The following table lists implementation tasks.TaskFor more information, see…Install Tax Provision.The Installing L...
Obtaining import template files
Obtaining import template filesTax Provision includes functionality that allows you to generate import template files to facilitate the import process. When you are finished preparing the import files, you can import them using Tax Provision. For information on preparing import files, see:“Preparing an import file for system settings”“Preparing import files for hierarchy structures”“Preparing i...
Preparing an import file for system settings
Preparing an import file for system settingsBefore you can use Tax Provision, you must configure some system switches that determine the behavior of certain functionality. Longview suggests that you use the provided template files; however, you can also create your own .csv files as long as the column headers match those in the included templates. You must include any columns that end in [R], b...
Preparing import files for hierarchy structures
Preparing import files for hierarchy structuresTax Provision provides you with Excel import files that you can use to set up hierarchy structures in bulk during implementation. You can import structures for the Accounts, Entities, and Currency dimensions. The hierarchies for the Timeper, Elements, and Controls dimensions are preconfigured by Longview and should not be modified.In this section, ...
Preparing import files for parameters
Preparing import files for parametersTax Provision includes the following Excel import files to help you configure symbol parameters in bulk during implementation. You can rename files, but the file prefixes must remain the same. In this section, you can find information on the following topics:Preparing import files for foreign exchange settingsPreparing import files for entity settingsPrepari...
Preparing import files for data
Preparing import files for dataTax Provision provides you with Excel import files that you can use to seed the system with data during implementation.In this section, you can find information on the following topics:Preparing import files for chart of accounts dataPreparing import files for foreign exchange ratesPreparing import files for deferred tax beginning balancesPreparing import files fo...
Preparing import files for users and user groups
Preparing import files for users and user groupsTax Provision includes the following Excel import files to help you work with users and user groups in bulk during implementation. You can rename files, but the file prefixes must remain the same. In this section, you can find information on the following topics:Understanding authentication methodsUnderstanding preconfigured users and user groupsU...
Performing general implementation tasks
Performing general implementation tasksAfter you initialize your system with settings, hierarchies, parameters, data, users, and user groups, there are a few other implementation tasks that may be required.In this section, you can find information on the following topics:Locking beginning of year valuesCreating a custom timeframe for tax account rollforward data transferDeploying custom instruc...