April 19, 2024
Release notes highlight new features and improvements made to ONESOURCE Tax Provision.
New features
Include rollups while generating Effective Tax Rate reports
Users can now generate ETR reports according to roll-up buckets. Data will combine and display based on roll-up buckets when selecting this option in Step 3 of the reporting wizard. This functionality applies changes to the following reports:
- Effective Tax Blended Rate
- Effective Tax Blended Rate with State Breakout
- Effective Tax Group Rate
- Effective Tax Group Rate with State Breakout
General availability of APIs for New OTP
The following Reporting APIs are now available in the Developer Portal website:
- Tax Provision Datasets API
- Tax Provision Deferred Balances API
- Tax Provision Instance Query API
- Tax Provision Instances API
- Tax Provision Journal Entries API
- Tax Provision Net Operating Loss API
- Tax Provision Payable Entries API
- Tax Provision Reporting API
- Tax Provision Tax Expense API
New OTP - Add 'Refresh' button under Provision, Deferred & Payable Leadsheet screens
Users can now manually seek to refresh the data computation anytime after manually entering data on Data Entry screens.
Compute Engine - Additional Functionality
Cleanup Payable Class/Subclass Automation Postings: New OTP will no longer compute payable automation at the class/subclass level.
Resolved issues
We fixed an issue where the Details tab data isn't appearing in Rollforward tab.
We fixed an issue where you get an unexpected error in My datasets for Recalc Payable Reclasses.
We fixed an issue in the Compare screen (Sub cons Tab), where for some datasets, "Total Tax Provision /Benefit" & "Deferred Tax Asset (Liability)" value isn't matched when we drill down to Leadsheet.
We fixed an issue where the Calculate button behavior isn't consistent with Read Only datasets.
We fixed an issue where datasets are not showing in Source dataset dropdown list in the Workpaper Mapping modal window.
We fixed Dataset Copy Performance issues on large schemas.