Deferred Tax Management is a module to calculate current taxes, deferred taxes and all data to be provided in the IFRS notes.
![Screenshot](/built-img/product/u2/dtm/screenshot.png)
The following templates are available for recording or uploading the local GAAP or tax balance sheet values:
- Tax Rates
- Balance Sheet Previous Year / True Up’s
- Balance Sheet Current Year
- Corporation Tax Calculation
- Local / State Tax Calculation
- Current Tax Losses
- Current Tax Positions
- Adjustments on deferred taxes
The calculations are made directly in the templates and they are available through comprehensive analysis reports:
- Deferred Taxes according to the balance sheet
- Income Tax Values (closing balance)
- Effective Tax Rates Analysis (ETR)
- Reconciliation
Features.
- Calculation of current tax, deferred tax and data to be provided in the IFRS appendix
- Calculations can be easily reproduced as the formulas can be displayed
- Automatic netting at the level of the legal company and at group level
- Status Monitor Reporting
- Decentralized recording and multi-level monitoring
- Import of IFRS and tax balance sheet values as CSV upload
- Supporting of groups, sub-groups, tax groups, etc.
- Reporting on group level with drill-down to individual legal entities