Master Data

In the Income Taxes module, master data, transaction data, and changes to the calculation logic refer to periods (e.g. annual or quarterly closings, planning periods). All data is recorded as of a cut-off date within a defined period.

If there are changes in the calculations – for example, due to changes in law – all existing (prior) periods therefore remain unaffected, provided that the calculation bases and active patches are not updated (see Periods).

In the Master Data functional area, a change log function is available (). All master data changes are registered in the database. The change log makes it possible to evaluate the change history recorded in the database for the individual workspaces ( who made which change when). The change log is only accessible if you have the necessary authorization. This evaluation is displayed in an Excel file.

Within Income Taxes, most master data is maintained by period. One period corresponds to a set of master and transaction data for all associated companies. This can be an annual or quarterly financial statement, or a tax declaration as of a cut-off date. Among other things, this ensures that changes in group structures can be represented over time.

Within Income Taxes, you can select created periods and companies independently of each other for editing. Depending on whether a workspace is period-dependent, company-dependent, or both, the corresponding selection fields for period and/or company are available in the upper area of the respective workspace. This allows you to select the desired period and/or company that is to be viewed or edited.