The Interim dataset facilitates the collection of data and the computation of the Provision during the interim period. Using an Interim Dataset, you can produce the provision for the first three-quarters of the year. The system separates the data into two data entry areas - Forecast and Actual.

 

•Forecast Type - Use to enter data and compute the Annualized Forecasted Effective Tax Rate.

•Actual Type - Use to enter data and calculate the current tax on Pre-Tax Book Income from the quarter and the provision for Discrete/Extraordinary items arising in the quarter.