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October 18, 2024
New features
- Effective Tax Rate reports (Group Rate and Blended Rate - with and without State Breakout): The Expanded view includes the following additional columns:
- Pre-Tax
- Effect of rates different than Statutory Rates
- Effect of deferred rate changes
- Effect of rate differences between current and deferred
- Deferred Only Adjustments
- Net Deferred Tax Assets/Liabilities With Roll-Up: You can now view Net Deferred Tax Asset/Liabilities broken out as current and non-current balances, providing more accuracy with the roll-up option enabled.
- Deferred Workpaper Report: You can now view the tax-effected amounts of Deferred items and the effective tax rate. It also displays a snapshot of the beginning and ending balances for the Temporary Differences section.
Enhancements
- All List Endpoints showing Units should also show Country Information:For Net Deferred Asset/Liabilities reports, all list endpoints showing Unit details will include country information for the respective unit. The list of endpoints enhanced with this change include:
- Units endpoint
- Subcon endpoint
- Filing Unit endpoint
Resolved Issues
- Resolved grouping issue: State AfterTax TempDiffs (SATTD) was incorrectly included in the Rollups section, causing inconsistent grouping and preventing report generation.
- Resolved incorrect calculation issue: TheFED_DeferredOnlyAdjustment_Total_FedAndStatefield was incorrectly calculating as zero when the unit had no active states.
- Total Tax Provision report: Removed bold and right justify alignment applied to the PTBI amount.
- Removed XLS file updates for Template: Template upload was not accepting the XLS format from the API and throwing an error message with 400 bad requests. XLS files aren't allowed in the new OTP, only XLSX files.
This article applies to:
- Product: ONESOURCE New Tax Provision