Configuring the TAR Automation and TAR Automation Book Balance Report

The out of the box TAR and TAR Regional report is still available to customers who do not require additional columns; however, some companies that have different general ledger account structures may want to use additional columns in the TAR and TAR Regional report. Tax Reporting offers the opportunity to configure a customized Tax Account Rollforward (TAR) and TAR Regional report in which the company can add columns to the report to reflect the company’s General Ledger Chart of Accounts.

You create new accounts to generate the new General Ledger accounts in the columns, and the movements are mapped to the appropriate National or Regional members. Results from the TAR Automation and TAR Automation Book Balance report are automatically linked to the Current Provision and TAR and TAR Regional reports upon consolidation.

The customizable TAR contains the entire out of the box TAR columns and default data mappings. The following steps are used to customize the TAR Automation and TAR Automation Book Balance report:

• Add the appropriate metadata for the General Ledger columns through the Dimension library.
• Create default mapping.
• Create custom mapping.
• Add member formula for Deferring Tax Closing Balance (s) Member to validate that the deferred tax continuity agrees to the Tax Account Rollforward.
• Classify the custom attributes in the Account and Jurisdiction as Domestic or Foreign.
• Perform a Rollover, as required.