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Deferred Workpaper

The
Deferred Support
 report for Provision and Interim datasets complements the Deferred Balances report. It displays a snapshot of temporary difference beginning and ending balances. These balances are shown pretax, tax-effected, and with the effective rate, as well as the number of overrides.

Provision Items

Deferred Tax Asset/Liability

Line by Line

  • Temporary Differences: Data Entry > Temporary Differences - Tax Basis, Temporary Differences - Book/Tax Basis, and State Temporary Differences - Tax Basis in a Provision dataset. Data Entry > Temporary Differences - Tax Basis and State Temporary Differences - Tax Basis in an Interim dataset.
  • After Tax Temporary Differences: Data Entry > After Tax Temporary Differences - Tax Basis, After Tax Temporary Differences - Book/Tax Basis, and State After Tax Temporary Differences - Tax Basis in a Provision dataset. Data Entry > After Tax Temporary Differences - Tax Basis and State After Tax Temporary Differences - Tax Basis in an Interim dataset.
  • NOL Temporary Differences: Data Entry > NOL Temporary Differences - Tax Basis in a Provision dataset. Data Entry > NOL Temporary Differences - Tax Basis in an Interim dataset.
  • State After-Tax Temporary Differences: Data Entry > State After Tax Temporary Differences - Tax Basis in a Provision dataset. Data Entry > State After Tax Temporary Differences - Tax Basis in an Interim dataset.
  • State After Apportionment Temporary Differences: Data Entry > State After Apportionment Temporary Differences - Tax Basis in a Provision dataset. Data Entry > State After Apportionment Temporary Differences - Tax Basis in an Interim dataset.

COLUMN BY COLUMN

Beginning Balance

  • Pre-Tax: Displays amounts populated in the beginning balance field in Data Entry > Temporary Differences - Tax Basis, Temporary Differences - Book/Tax Basis, NOL Temporary Differences - Tax Basis, State Temporary Differences - Tax Basis, and State After Apportionment Temporary Differences - Tax Basis for a Provision dataset. Data Entry > Temporary Differences - Tax Basis, NOL Temporary Differences - Tax Basis, State Temporary Differences - Tax Basis, and State After Apportionment Temporary Differences - Tax Basis for an Interim dataset.
  • Tax Effected: Displays above listed Pre-Tax amounts times either the Unit Beginning Deferred Rate or the Override Begin Rate as well as amounts populated in the beginning balance field in Data Entry > Temporary Differences - Book/Tax Basis, and State After Tax Temporary Differences - Tax Basis in a Provision dataset. Data Entry > After Tax Temporary Differences - Tax Basis, and State After Tax Temporary Differences - Tax Basis in an Interim dataset.
  • Effective Rate: Displays the combined rates applied to each item to go from pre-tax to tax effected. Depending on the dataset parameter, the Federal Benefit of State impact is represented as a component of either the Federal or State rate.

Ending Balance

  • Pre-Tax: Displays combined amounts populated in the beginning balance, activity, deferred only and balance sheet only fields in Data Entry > Temporary Differences - Tax Basis, Temporary Differences - Book/Tax Basis, NOL Temporary Differences - Tax Basis, State Temporary Differences, and State After Apportionment Temporary Differences - Tax Basis for a Provision dataset. Data Entry > Temporary Differences - Tax Basis, NOL Temporary Differences - Tax Basis, State Temporary Differences - Tax Basis, and State After Apportionment Temporary Differences - Tax Basis for an Interim dataset.
  • Tax Effected: Displays above listed Pre-Tax amounts times either the Unit Ending Deferred Rate or the Override End Rate as well as amounts populated in the beginning balance field in Data Entry > Temporary Differences - Book/Tax Basis, and State After Tax Temporary Differences - Tax Basis in a Provision dataset. Data Entry > After Tax Temporary Differences - Tax Basis, and State After Tax Temporary Differences - Tax Basis in an Interim dataset.
  • Effective Rate: Displays the combined rates applied to each item to go from pre-tax to tax effected. Depending on the dataset parameter, the Federal Benefit of State impact is represented as a component of either in the Federal or State rate.
  • Number of Overrides: Displays the number of entries where the pre-tax item was entered with a rate that overrode the unit rate.

This article applies to:

  • Product: ONESOURCE Tax Provision