Current Tax Payable Automation is not working
We're in the process of implementing Current Tax Payable Automation and enabled the feature as follows:
Application → Configuration → Enable Features → Current Tax Payable Automation
Next, perform the account and movement mapping as outlined below:
Application → Configuration → Open the form “Current Tax Payable Automation” and set the POV to FY25 P12.
Movements | TRCS Source Account |
|---|---|
|
|
TRCS_PayRefRTASys | TRCS_RCurrentAddtlCalcRTA |
TRCS_PayTaxChargeOCIEqSys | TRCS_EquityReversalTotal |
TRCS_PayTaxChargeSys | TRCS_CurrentTaxExpense |
After completing the mapping,
Navigator → Tax Provision National → TAR → Current Tax Payable Automated tab
The account TRCS_PayTaxChargeSys (alias: CY P&L Charge Automated) is mapped to TRCS_CurrentTaxExpense (alias: Current Provision). Based on this mapping, the current provision balance of 19,652,701 for FY25 P12 is expected to appear in the Current Tax Payable Automated tab under CY P&L Charge Automated.