General Tab
Contents
Use the General tab to enter a Profile Description and make the following selections to complete the profile.
Data Movement: Use Gross Balances to transfer balances or Net Adjustments to transfer calculated values.
•Transfers Federal data.
•Transfers Federal data to the following State data fields: State NOL's, State Credits, and State Bonus Depreciation.
•State only modifications do not transfer because:
oState activation can vary between the Source and Target units.
oPartnerships consider different tax laws for states than federal.
•Transfers Federal and State data. You can select a State to receive data.
Jurisdictions: Use Federal or State (transfers State only modifications). Keep in mind that you cannot select the State option when transferring Gross Balances.
Source Classes: Use All or Selected Classes to transfer data associated with a class.
Note: Set up Source Classes using All as a best practice. When you add new classes to the system:
•Clicking All allows the system to add automatically the class to the profile.
•Clicking Selected requires you to choose the class in the profile (after you have added the class to the system).
•Use Flip Selection to reverse the class assignments.
•Use Target Class to assign a target class to appear in the Target unit. Use an existing class or add a new class for the Flow-Through process. The system automatically assigns a subclass in the Target Unit using the Source Unit code and description.
•Use Elimination Class to assign elimination entries at the source unit. You can use the same "Source" class for the Target and Elimination Class.
oUse Details for the detailed elimination balances for the Source Unit.
oUse Summary by Source for the summary using the component code for the elimination entry at the source unit.
oUse Summary by Target for the summary using the mapped target component code for the elimination entry at the source unit.