You can manage NOL Rollforwards for dataset classes in My Datasets.

To manage NOL rollforwards in Administration:

1.Select Administration and then System.

2.Click Manage NOL Rollforwards.

•When new datasets are added, the NOL rollforward uses the information set up in the Administration, Manage NOL Rollforward folder.

 

To manage NOL rollforwards in a dataset:

1.Select My Datasets and then More.

2.Select Manage NOL Rollforwards.

•To set up Manage NOL Rollforwards in My Datasets, click the Copy from Admin option to copy the information from the administration to the data entry.

 

Notes:

•When new datasets are created, NOL rollforward information is populated using the information set up in Administration, Manage NOL Rollforwards.

•In Manage NOL Rollforwards, click Copy from Admin to copy information to the dataset from the Administration, System folder.

•Information set up in the Dataset Administration folder is used to populate the Deferred Balances report in the column breakout view, the Deferred Entry Set-up screen, and the Rollforward section in the Temporary Difference screens.  The rollforward section is in the Temp diff Tax Basis, Rollforward tab.

 

You can follow these guidelines to manage NOL rollforwards at the dataset level:

•The setup for new datasets is copied from Administration. Datasets that are copied or rolled over use the setup of the dataset from which they are copied/rolled over. You can reset these datasets to the Administration area by clicking Copy From Admin.

•Select the number of columns.

•You enter amounts according to defined Column Names. Therefore, for each column name, you can only have one Type (Activity, Deferred Only, Balance Sheet Only). Be sure to click Save when you finish entering information.

•The letters on the right side of the screen are the tag letters.

•Check the Active box if the Column name should display as a data row in the Rollforward section of Temporary Difference screens.

 

Note: If the information for a Column name is entered in the Detail section, the Column name will display as a data row in the Rollforward section of Temporary Difference screens even if the Active box is not checked in the Rollforward section.

 

•If a column name is associated with multiple tags, amounts associated with that name become Read-Only.

•If more than one Type is defined for a column name the default is as follows:

oIf Activity, Deferred Only, and Balance Sheet Only are defined, the Type posts as Deferred Only.

oIf Activity and Deferred Only are defined, the Type posts as Deferred Only.

oIf Activity and Balance Sheet Only are defined, the Type posts as Balance Sheet Only.

oIf Deferred Only and Balance Sheet Only are defined, the Type posts as Deferred Only.