1. Administrator's Guide
  2. Managing Tax Losses
  3. Automating Net Operating Losses (NOL)/Credits
  4. NOL Automation Calculation Methods

NOL Automation Calculation Methods

You can define these types of NOL Automation methods, and select one or more method for the NOL Automation process.

  • Deferral (Note: this method is not applicable for Tax Credit account automation).

  • Utilization

  • Expiration

The rules must be run in the above-listed order. The NOL Automation rules are run after you run the Tax National calculations. They cannot be run as OnDemand rules.

After you define an NOL Automation rule, you must run Force Calculate. The Calculate process does not execute NOL Automation rules because updating NOL Automation rules does not impact data and trigger the calculation. You must run Force Calculate to execute the rule.

NOL Automation rules are stored as cell text. See NOL Automation Cell Text.