Adding a Tax Credit Account (National or Regional)

When you add a Tax Credit account, add the new account under the TaxCreditTotal account (RTaxCreditTotal for Regional). If you are maintaining Tax Credit details, you should add a Detail account under TaxCreditsD (RTaxCreditsD for Regional).

Set the following account properties:

Property

Total Tax Credits

(TaxCreditTotal)

Supplemental Schedule Detail Account

(TaxCreditsD)

Account TypeASSETASSET
IsCalculatedNoNo
IsConsolidatedYesYes
IsICPNoNo
PlugAcct<Blank><Blank>
RollForward TopMemberClosingReclassDTNRTaxLossCreditTotal
DataCategory TopMember

TaxNationalCurrent - for National Credits (Current)

TaxNationalNonCurrent - for National Credits (NonCurrent)

or

TaxRegionalCurrent - for Regional Credits (Current)

TaxRegionalNonCurrent - for Regional Credits (NonCurrent)

TaxLossCreditTotal
ReportingStandard TopMemberReportingStandardsReportingStandards
Jurisdiction TopMember

AllNational for National

Jurisdictions for Regional

AllNational for National

AllRegional for Regional

TaxType TopMember

National - for National

NationalAndRegional for Regional

National for National

Regional for Regional

NumDecimalPlaces<Any valid values><Any valid values>
UseLineItemsNoNo
EnableAggregationOnCustomsYes (for all Customs)Yes (for all Customs)
UDA

TaxDetail

N/A
XBRLN/AN/A
Security Class<As needed><As needed>
ICPTopMember<Blank><Blank>
EnableDataAudit<As needed><As needed>
CalcAttribute<Blank><Blank>