Specifying Valid Accounts By Entity

You can identify the Tax accounts to be used by entity. By default, all accounts are valid for all entities. You can disable them for a specific entity.

If an account is not valid for an entity, it is considered Inactive. There are two data forms available to specify valid and inactive accounts: Inactive, and Inactive Regional. The POV of each form displays the entity, and the rows contain accounts.

You cannot enter data into Inactive accounts. If data exists for an account, you must clear it before you change the account to Inactive.

After you set an account as Inactive, to change data grid cells to NoInput cells, you must reload your rules file. During the Tax Automation process, the system skips any Inactive accounts for calculation.

In the metadata file, you must also identify the Account, Jurisdiction, ReportingStandard, or any additional Custom dimension member in which the Inactive data should be stored. You use the Inactive user-defined property. See Account User-Defined Properties.

These accounts can be set as Active or Inactive:

National Accounts

These members are children of the NInactive parent account:

  • NIBTBA

  • NIBTBR

  • PermGSTotal

  • TempGSTotal

  • PermSTTotal

  • TempSTTotal

  • TaxSpecialDeductions

  • CurrentAddtlSrcTotal

  • CurrentAddtlManualTotal

  • TaxAttribTotal

  • VATotal

  • EquityBATotal

  • EquityPermTotal

  • EquityTempTotal

  • EquityAddtlTotal

  • AdditionalDiscreteTotal

Regional Accounts

These members are children of the RInactive parent account:

  • RPermTotal

  • RTempTotal

  • RPermRegionalTaxDeduction

  • RTaxPostApportionmentAdj

  • RCurrentAddtlSrcTotal

  • RCurrentAddtlManualTotal

  • RTaxAttribTotal

  • RVATotal

The Inactive account is the parent of the NInactive and RInactive accounts, and contains the Inactive user-defined property keyword. The value of the keyword is the Scenario member in which the Inactive setting is stored. The sample metadata file has the property set to the Actual scenario. You can change this as needed.

  To specify Inactive accounts:

  1. Open a data form:

    • To specify National accounts, open the Inactive data form.

    • To specify Regional accounts, open the Inactive Regional data form.

  2. From the POV, select a base level entity.

  3. For each account that you want to set as Inactive, enter the number 1 in the Inactive column next to the account.

    If the Inactive column is blank, the account is considered Active.