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What's New in EPM Cloud Release 20.09

edited Sep 8, 2020 3:28PM in Tax Reporting (Direct Tax) 1 comment

Summary

Learn about what's new in EPM Cloud Release 20.09.

Content

Check out the September 2020 What's New to understand new features included in EPM Cloud Release 20.09.

Of note for Tax Reporting:

New Tax Automation Rules

Four new rules are available for Tax Automation:  Annualize, De-Annualize, National Adjustment, and Prior Year.

  • Annualize - Allows partial year amounts to be annualized to a full year amount.
  • De-Annualize - Allows full year values to be de-annualized to a partial year amount based on the period of the rule.
  • National Adjustment - Allows for adjustment (for example, reversal) of a National Permanent or Temporary Difference in the Regional Provision.

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