Deferred Tax Form Opening Balance not Populating form Temp Diff Form
Summary:
Deferred Tax Form Opening Balance as adjusted is blank. CY Total is correct.
We are continuing to implement additional Jurisdictions for provisioning. Because some of our global rules were impacting entities where they should not have been, I need to make opening balance adjustments. My understanding is that I would make these on the Temp Differences form, which I did. When I look at the Temp Difference form, the opening balance and the CY totals match the gross values of Temp differences from a manually prepared file. While the CY amounts are transferring to the Deferred Tax form at the correct tax effected amounts, the Opening Balances are not