When you select Scrunch Temp Diffs to sum the temporary differences with different tag letters, the total Ending Balances for Temporary Difference in the Source dataset will be the Beginning Balances in the Rollover dataset. The Beginning Balances appear as single balances along with the Tag selected during the Rollover process.

 

•The application will scrunch data with the same Temporary Difference Code and Current/Non-Current designation.

•Federal and State data is scrunched even when the option to override the Federal/State rate is selected. The Class or Tag is assigned to the record that has the overridden rate.

 

Additional requirements:

•NOL: Entries must have the same Ending Rate, Year Generated and Year Expired.

•Book/Tax Basis: Entries must have the same Ending Rate, Book Months and Tax Months.

•After-Tax - Book/Tax Basis: Entries must have the same Book Months and Tax Months.

•Federal/State: Entries must have the same Ending Rate.

•State After-Apportionment: Entries must have the same Ending Rate.

•State/State After-Apportionment: Entries must have the same Ending Federal Rate.