NOL Automation Columns

ColumnTarget Account
ValuesA valid base-level descendant of the TaxLossesCFSTotal or TaxCreditTotal account
DefaultBase-level descendants of the TaxLossesCFSTotal or TaxCreditTotal account
CommentThis is the Carryforward account to which the NOL Automation calculation is applied. You can use one or more rules for the same account.

Note:

You cannot define a NOL Automation rule and a Tax Automation rule for the same Tax Loss Carryforward target account.

ColumnOccurrence
Values1 or any consecutive number above 1
Default0
CommentWhen you define additional rules for the same account, the system automatically increases the occurrence value by 1. This value indicates how many rules are defined for the same account.
ColumnLogic - Deferral, Utilization, Expiration
Values
  • Deferral

  • Utilization

  • Expiration

DefaultDeselected
CommentClick to select one or more of the valid NOL calculation logic methods.
ColumnSource Detail Account
Values

Used to define the detail account associated with the target account. You can specify only one detail account.

DefaultNone
CommentLoss detail account to be associated with the TaxLossesCFSTotal or TaxCreditTotal target account
ColumnEntities
ValuesOne or more valid base entities or valid entity lists, separated by a semi-colon (;)
Default<Blank> for ALL base entities in the application
CommentYou can restrict the rule to a particular entity or list of entities. If Entity is blank, the amount is applied to all entities.
ColumnExcluded Entities
ValuesOne or more valid base entities or valid entity lists, separated by a semi-colon (;).
DefaultNone
CommentIdentifies the entities to be excluded for processing. If Excluded Entities is blank, nothing is excluded.
ColumnLimit - Utilization - Percent
ValuesAny number between 0 and 100
Default100%
Comment

Percentage can be used to specify how much of an amount can be utilized into a detail account.

ColumnLimit - Utilization - Dollar Amount
ValuesAny positive number
DefaultNone
CommentYou can use a dollar amount instead of a percentage to specify the amount to be utilized. The amount is assumed to be the amount in the Entity Currency of the entity for which NOL Auomation is selected.
ColumnLimit - Deferral - Percent
ValuesAny number between 0 and 100
Default0%
CommentPercentage can be used to specify how much of an amount can be deferred into a detail account.
ColumnSequence
ValuesAny positive number
Default1
CommentFor Utilization, Sequence is required to specify the order in which utilization of taxable income should be distributed. Even if you disable a rule, you should maintain the sequence number if applicable. For example, if you have a rule sequence 1,2,3, and you want to disable sequence 2, disable the rule but do not change its sequence number.
ColumnDisable Rule
ValuesSelected or deselected
DefaultDeselected
CommentIf selected, the rule is disabled for the specified period.