Deferred Tax National

The Deferred Tax National (NDefTaxTotal) account hierarchy structure contains all the tax accounts required to calculate total deferred tax for national provision. Similar to the account hierarchy structure for Current Provision (CurrentTaxExpense), most parent accounts are system-defined and you should not modify or remove them. However, you can replace detailed accounts indicated with an asterisk (*) in the structure below with your account details. You can include additional account entries in the corresponding parent account. These are all Input account entries.

For example, parent account TaxCreditTotal (Total Tax Credits) consists of individual tax credit account entries. Three tax credit detail accounts (*) are included as part of the sample tax application as examples.

Sample list of Tax Credit accounts

You should replace these accounts with your specific tax credit detailed accounts. You can add additional tax credit account entries to the account structure.

Sample Tax Credit account structure