Tax Reporting

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Topic

    Tarun Gulati
    Change in Tax computation form
    Topic posted October 29, 2018 by Tarun GulatiBronze Medal: 1,250+ Points, last edited October 29, 2018, tagged Consolidation, Current Tax, Tax Provision 
    91 Views, 1 Comment
    Title:
    Change in Tax computation form
    Summary:
    Editing the Tax computation form to show different sources of Receitpts
    Content:

    It is an accepted practice with businesses to prepare Tax computation wherein the receipts are split between business and Non-business sources so that expenses can be allocated among different sources. In the present current provision form the Columns are not allowed to split to accommodate such requirement. It is a real-time requirement and clients always intend to prepare the Tax computation wherein the columns are split to show the different sources of receipts (business & Non business or different lines of business).

    A screen shot for reference is attached

    Version:
    18.10.69
    Image:

    Comment

     

    • Kenneth Kramer

      Thanks for the question.  We would like to have a follow-up call to understand the use case better with respect to the tax calculation.