Use Valuation Allowance to post amounts automatically for deferred tax assets, based on a pre-determined percentage.

•Activate Automation policies for a unit by selecting My Datasets > Units > More > Other > Automation > Enable Valuation Allowance Automation.

•The system generates the valuation allowances and appears as a contra asset in reports.

•The system determines the Automation on a Separate Attribute, Aggregated Attribute, or Aggregated Attribute Post-Tax basis.

 

Enable Valuation Allowance Automation