1. Working with Tax Reporting
  2. Working with National Tax Process
  3. Working with Tax Account RollForward (TAR)
  4. Working with Tax Account RollForward (TAR)
  5. Working with Current Tax Payable Forms

Working with Current Tax Payable Forms

The Current Tax Payable forms enable you to capture a breakdown of provisions for each year to ensure they have been cleared by payments and refunds, or adjustments such as RTA. The Current Tax Payable Analysis can capture up to seven prior years ending balances that, when added, agree with the ending balance in the TAR. As you add new years to the form, years past the 7 year limit are accumulated into the total in the Historic Year.

There are three Current Tax Payable forms:

  • Current Tax Payable
  • Current Tax Payable Automated
  • Current Tax Payable Details

Note that the Current Tax payable form is available by default (see, Entering Current Tax Payable (National) Form). However, if you want to use Current Tax Payable Automated and Current Tax Payable Detail forms, you must enable the automation feature. For more information, see Managing Current Tax Payable Automated and Detail Forms.