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My Datasets

Taxes Per Book

The accounts can be used for Journal Entry reports by comparing the balances and the provision calculations to arrive at the appropriate journal entries required to be posted for the period. You can find the
TAXES PER BOOK
 automation in
My Datasets > Units > More > Other
. Taxes Per Book is available for
Provision
 and
Interim
 datasets.
To set up the taxes per book for a unit:
  1. Select
    My Datasets
    .
  2. For a dataset, click the
    Units
     button and the
    MANAGE UNITS
     page opens.
  3. In
    MANAGE UNITS
    , click the
    MORE
     button and a list of options for the unit administration appears.
  4. Select
    Other
    .
  5. Select the
    TAXES PER BOOK
     tab, and then type the amount for each field.
    • Federal and State Current Provision
      : Amounts on the Trial Balance for the current provision tax expense.
    • Federal and State Deferred Provision
      : Amounts on the Trial Balance for the deferred provision tax expense.
    • Federal and State Deferred Balances
      : Amounts on the Trial Balance for the deferred tax assets and liabilities.
    • Federal and State Liability Balances
      : Amounts on the Trial Balance for the taxes payable.
Importing the Taxes Per Book information is accomplished by completing the appropriate fields in the
#U# Unit
 worksheet in the Import Nmbers template.

This article applies to:

  • PRODUCT: ONESOURCE Tax Provision