1. Administering Tax Reporting
  2. Working with Pillar Two
  3. Configuring Pillar Two
  4. Configuring Other Accounts and Other Accounts Automation

Configuring Other Accounts and Other Accounts Automation

Transfer book/tax accounts from provision into pillar two currency and Jurisdiction for reporting purposes.

Example: Combined reporting of country level current and deferred tax plus global minimum tax

  1. Create members under "TRCS_TotalPillarTwoOtherAccounts" as required. See also: Working with Dimensions and Working with Members

    TotalPillarTwoOtherAccounts

  2. Setup Other Accounts automation rules. You can set Global or Jurisdiction or Entity rules for Adjustment accounts.

    Note that:

    • The Percent is limited to +/- 100%
    • The Logic is restricted to Pull
    • Source account is required.
    • Source Movement: TRCS_SourceBookClosing (that is, parent of Trial balance closing, Book closing and Closing Book vs Tax Basis). This will be the default source movement when left blank.
    • Source Data Source: TRCS_SourcePreTax (that is, parent of Total Data source including Data Input, Managed Input and Supplemental data). This will be the default source data source movement when left blank.
    • Additionally data can be moved from between Multi-GAAP and/or Scenario

    For example:

    Other Accounts Automation Rules

  3. Navigate to Home → Library and under Pillar Two → Pillar Two other Accounts, and run consolidation to view the data pulling into other accounts.

    View Data