Enhancements to Net Operating Loss (NOL) Automation Expiration

The net operating loss (NOL) feature in Tax Reporting is now enhanced to ensure that you can select expiration for all periods, but the actual calculations only take place in P12 period. Previously, you could select NOL Automation Expiration column only for period P12 and there was no option to select expiration for other periods.

Business Benefit: This new capability provides flexibility and ease of use while copying NOL automation rules from period to period to select expiration at any time, but not actually calculate until P12.

Key Resources