Temporary Difference Adjustments
The system automatically calculates the differences between the 2016 Return Temporary Differences and 2016 Provision Temporary Differences and generates them on the 2017 Current Provision to true-up the Deferred Provision.
The impact to the Deferred Provision displays in Temporary Differences as Deferred Only adjustments. The system calculates the Temporary Difference Activity True-ups and Deferred Only True-ups separately.
On the 2017 Current Provision, true-ups are tagged with the dataset parameters RTPTAG (Activity) and DORTPTAG (Deferred Only) from the 2016 Return.