Configuring GloBE Income, Covered Tax, and Substance based Adjustment Accounts

• You can create GloBE Income adjustment accounts under TRCS_TotalBookAdjustments.
• You can create Covered Tax Adjustment Accounts under inline parents as below:
  • Current accounts: TRCS_TotalCoveredTax

    

  • Deferred Accounts:

    

    See also: Configuring Other Deferred Tax Movements for Covered Tax

  • Other tax adjustments

    

• You can create Substance based Adjustment Accounts under: