Forecast Deferred Provision
The
Forecast Deferred Provision
report for Interim Forecast datasets shows the amounts that make up the total forecast deferred provision. Selecting an amount with a hyperlink opens a supporting Forecast Rate report.Provision Items
- Current Provision
- Rate Impacting Items
Report Views
- The Summary, Detail and Unit options display balances with various levels of detail. To view the Summary, click Summary. The Detail view shows the report in a detailed view. The Unit view groups balances into a single line for each unit in the sub-consolidation or consolidation.
- The Federal and State + FBOS options determine the rates that apply to the temporary differences. The default unit rates or the rates you enter to overwrite the unit rate are applied for a specific line item.
- The All, Current and Non-current options allow the report to be filtered by balance sheet status.
- A single column can be expanded to see the underlying unit-by-unit data by selecting Breakout.
Line by Line
- Temporary Differences: Data Entry > Temporary Differences – Tax Basis, Temporary Differences – Book/Tax Basis, State Temporary Differences – Tax Basis and State, State After Apportionment Temporary Differences – Tax Basis in the interim section.
- NOL Reclass: Data Entry > NOL Temporary Differences – Tax Basis in the interim section.
- After Tax Temporary Differences: Data Entry > After Tax Temporary Differences – Tax Basis and State After Tax Temporary Differences – Tax Basis in the Interim section.
Column by Column
- Activity: The tax effect of temporary differences entry in the activity column in Data Entry > Forecast in the interim section.
- Effect Dfrd: The tax effect of rate differences for the beginning of year balances.
- Effect Rate Diffs : The tax effect of rate differences for temporary differences in the Activity column.
- Dfrd Only Adjs : The tax effect of temporary differences entry in the deferred only column in Data Entry > Forecast in the interim section.