Temporary differences movement - gross
Statement Purpose
This statement provides a detailed movement breakdown of temporary differences for the year. It shows opening carried-forward temporary differences, adjustments made during the year, and the closing balance. The statement also identifies any unrecognised amounts to be carried forward to the next financial year.
Data Flow
Temporary differences calculated for the current financial year are transferred from
Temporary Differences
.If optional workpapers
Temporary Differences Movement
are inserted, amounts from these workpapers will appear in Temporary Differences Movement - gross
instead of from Temporary Differences
.Unrecognised amounts brought forward from the prior year and any amounts to be carried forward should be manually input in the first financial year; these will roll forward to the next financial year.
The total movement for each balance sheet item is displayed in the summary section at the end of the statement, showing the movement for any deferred tax asset or liability.
Signage
- Carrying and tax values are positive amounts.
- Deferred tax assets are shown as positive amounts.
- Deferred tax liabilities are shown as negative amounts.