Custom Journal Entry
The Customized JE is based on your specifications and provides a flexible approach to accounts, calculations, and format. The Custom Journal Entry lets you account for a more complex set of tax accounts. See the example for Example of Journal Entry Data - Support for a complex set of Tax Accounts.
- Ability to use data in the Simple Journal Entry (default view) fields.
- Uses the ONESOURCE Tax Provision Trial Balance to store the Taxes Per Book amounts.
- Allows an unlimited number of Tax Accounts.
- Provides Journal Entry by Unit and by Filing Group.
- Uses a sample Journal Entry report for more complex set of Tax Accounts.
- Uses a custom Journal Entry to extract specific accounts based on special settings (JE_TBSL_xx).
- Isolates sets of deferreds (Val. Allowance) - Specified by configuration giving first few characters of deferreds, for example, JE_FILTER1 = VA.
- Breaks out assets/liabilities, current/non-current.
- Isolates Balance Sheet Only adjustments (by tag).
- Isolates Tax Adjustments.
- Allows summation of multiple account values.
- Allows upload of G/L amounts by using spreadsheet or Bridge import.