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Search Tax Provision (ONESOURCE) Support Help and Support.

This article applies to:

  • Product: ONESOURCE Tax Provision

Lead Sheets

In
Review & Edit
,
LEAD SHEETS
 are used to review your balances for Total Tax Provision (Benefit), Deferred Tax Asset ( Liability) or (Payable) Receivable. Within the Lead Sheet grid, you can review the line item name and it's value.
Three Lead Sheets are available:
Provision
,
Deferred
, and
Payable
.
note
A Lead Sheet is not available for Effective Tax Rate (%) as the ETR value is derived from the provision lead sheet.
To review the Lead Sheet data for your Units and Sub-Consolidations.
  1. Select a
    BASE DATASET
     to see all Units and Sub-Consolidations that are active for that dataset.
  2. Select a
    LEAD SHEET
     from the drop-down list.
  3. Select to change between the Reporting and Local currency.
  4. Use the Data Menu Bar to refresh, export, and print data in the grid.
  5. Select the
    UNITS/SUBCONSOLIDATIONS
     drop-down list to view and select a different unit or sub-consolidation.
  6. Select Manage Units to see all of the units for the selected dataset.
note
You can export the Lead Sheet to create a pre-defined pivot table that includes the Code, Class & Subclass.
Lead Sheet Tutorial Video
View the tutorial video below for information on how to access and update lead sheets.
Lead Sheet - Manage Units

Provision

The
Provision Lead Sheet
 data provides information showing you how the system calculated the Summary value.
When you hover on the
Total Tax Provision Expense
, the definition appears showing you the calculation.
When you hover on the
Effective Tax Rate
, the definition appears showing you the calculation.

Deferred

The
Deferred Lead Sheet
 shows a summary of the deferred amounts for the Federal + State + FBOS. In the unit's column, you can review the Tax Effected values for the deferred entries.

Payable

The
Payable Lead Sheet
shows a summary of the payable amounts. The activity uses the Txn Types (CPROV - Payable Auto Posting) set up for the payable. The system determines the BBAL- Beginning Balance, Ending Balance, and CTA balance.
note
The Payable Lead Sheet requires some configuration to review the payable entries.