In Administration > System > Manage Temp Diff Postings (Tags Only) you can configure how a Temporary Difference is populated at the adjustment level instead of at the dataset level. The temporary difference posts to Activity, Deferred Only, or Balance Sheet Only.

 

You can assign the Use Ending? designation to populate the Book/Tax Temporary Differences Ending Book field. Use Ending? applies to both the book and tax fields.

•Select Use Ending? on a code by code basis.

•Select the Temp Diff Entry Type: Activity, Balance Sheet Only, or Deferred Only.

•Select the Code-Description for the temporary difference, Use Ending? and the Temp Diff Entry Type to post between the beginning and ending adjustment to Activity, Balance Sheet Only or Deferred Only.

 

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Notes:

•The ending balances can be imported or bridged if Use Ending is selected.

•You can establish and import how each Temporary Difference is posted.

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Manage Temp Diff Postings (Tags Only)

 

•On a code by code basis, you can set up an Equity type difference and post the Temp Diff Entry Type for the Balance Sheet Only.

 

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Notes:

•You can add Temporary Differences that are not using the Use Ending? balance and those differences are saved, as well.

•When creating the Use Ending? balance for a temporary difference, you can enter an Activity, Balance Sheet Only or Deferred Only to have a set amount.

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