June 21, 2024

New features

You can now:
Move the
Rate Change
column anywhere among the columns
Inherit the name and position of the subtotal (adjusted beginning balance) column
Define by class how to assign
FX rate change
,
Tax rate change
, and
Tax rate impact
.
The new columns for
FX rate change
,
Tax rate change
, and
Tax rate impact
next to the grid default to the existing behavior.
FX rate change
and
Tax rate change
default to the rate change column.
Tax rate impact
will default to
Deferred
.

Expanded Balance Sheet:
You can now assign
Tax rates
and
FX rates
to the
Rate Change
column or any other column, except for the designated subtotal column. The
Rate Change
column is visible in the
Deferred
and
Tax Loss Rollforward
columns, making it movable.
Previously, the
Rate Change
column was fixed in the 2nd position immediately after
Beginning Balance
and calculated the
Rate Change
based on the
Beginning Balance
.
Now, after introducing the
Rate Change
column in the
Deferred
and
Tax Loss Rollforward
list, you can move the
Rate Change
column and place it anywhere before the
Ending Balance
. The
Rate Change
will revalue all the columns placed before it.
Currently, all columns are stated at the ending tax rate and ending FX rate, except for the
Beginning Balance
. When you move the
Rate Change
column to a new position, all columns before the
Rate Change
column will be stated at current tax and current FX rates (except
Beginning Balance
).
Expanded Income Statement:
The new balance sheet adjustment section shows the tax rate change differences when the
Tax rate impact
setting is set to
Balance Sheet Only
.
The new section continues to use ending FX rates on all columns, as
Currency Translation
occurs before this section.

We've added Report Options for
View
and
Unit Breakout
.
View
options now include
Summary
and
Detail
.
Unit Breakout
options now include
None
or
All
.
Summary
view with
Unit Breakout
set to
None
is the original view of this report before you select new options.
Summary
view with
Unit Breakout
set to
All
corresponds to the version available in the Plug-in reports called
Deferred Workpapers By Unit
.
Use
Detail
to view 4 sets of columns for Balance Sheet or Income Statement, Pre-Tax, and Tax-effected in both Beginning and Ending Balance sections.
The determination of which column amounts appear is based on selections made in the
Tax Rate Impact
setting within
Manage Deferred
and
Tax Loss Rollforward
, where
Deferred
equals Income Statement and Balance Sheet Only equals Balance Sheet.

These changes won’t apply to Tag Datasets.
You can't rename or delete the
Rate Change
column.
The Deferred Balances Legacy Report won’t show the additional columns in the expanded Income Statement view.
You can still use up to 30 columns in the rollforward, including
Beginning Balance
,
Ending Balance
,
Rate Change
, and a designated subtotal column. When you add the 28th column in
Manage deferred rollforward
, you'll need to designate it as a subtotal column.
If your dataset already includes a column named
Rate Change
before this release, it will function like any other named column. You can designate it as the
Rate Change
column by using
Copy from Admin
or
Import
.

Known issues

In the Column Breakout report options on
Deferred Balances (expanded Balance Sheet)
, the
Rate Change
appears twice. Use the 2nd to receive results.
The designated subtotal column is visible in the Column Breakout report options on
Deferred Balances (expanded Balance Sheet)
, but is not yet functional.
The new
Tax Rate Impact
dropdown in the
Manage Deferred
and
Tax Loss Rollforward
is not yet functional.
In a class dataset, the column designated as a subtotal in the
Deferred Balances (expanded Balance Sheet)
will initially appear 1 column after its expected position. However, when you view the
Manage Deferred Rollforward
, the report will then display the column in the correct position.

ONESOURCE Tax Provision Global Access

We've removed the dependency on AWS AppStream for Global Access. You will no longer be redirected to AppStream when you open Global Access.
You no longer need to save to a temporary folder before you can access a file when using
File
Save
and
Download
.
Global Access will now work using any modern browser.
The changes made to the
Deferred Workpaper
,
Deferred Balance Expanded Income Statement
, and
Deferred Balance Expanded Balance Sheet
reports are also implemented for Global Access.