Valuation Allowance Allocation Calculation

An alternate hierarchy and classification property are provided specifically for VA Allocation calculation purposes. To classify accounts for Valuation Allowance allocation purposes, define the accounts in the VAClassification hierarchy under the Tax Settings accounts subgroup. See VA Allocation Accounts, and Account User-Defined Properties.

To classify accounts for financial statement purposes, define the accounts in the BSClassification hierarchy under the TaxSettings accounts subgroup.