You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

Valuation Allowances

edited Dec 16, 2020 11:48PM in Tax Reporting (Direct Tax) 1 comment

Summary

Classification of assets vs liabilities in Deferred Tax

Content

I have valuation allowances set to classify as assets on deferred tax.  In reviewing TR classification vs HTP data, I am seeing that not all VA is classified as assets in HTP. I do not see in TR a way to vary how VA is classified other then by sign. I do not see anything in the HTP documentation that seems to apply to this question. Not sure if anyone has seen this when validating a new TR implementation.  Thanks for any input.

Tagged:

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!