Data Processing related to taxes

Data processing types

Data processing related to taxes is divided based on the type of tax.

• Data processing on deferred and prepaid taxes: their impact is reported when there are temporary differences, due to entity and consolidation adjustments, between the values of the assets and liabilities shown in the annual financial statements and the values for tax purposes of consolidated entities. The affected accounts are those indicated in the tax rules. The deferred taxes calculation applies to the original scenario and can be run on entities or on the group. In calculations run on entities, the data processing is run on the contributor entities and categories, i.e. the amount type categories and entity journals. In calculations run on the group, however, the data processing is run on the consolidator categories and the consolidation journals are involved.
• Data processing related to direct taxes: this calculates the taxes for the year and only applies to amounts.

Monthly splitting rule for taxes for the year

A tax can be split monthly based on the statutory result or a weight. In the former case, the tax for the year is allocated to periods based on the statutory result for the period. In the latter case, however, it is allocated on the basis of the coefficient attributed to the monthly splitting of the tax (Setup & Admin > Data processing > Cash flow planning > Advanced Financial Rules > Weight). (Navigation panel > Data processing > Cash Flow Planning > Advanced financial rules > Weight). For more details, see .