In the Import workspace, data can be imported into Income Taxes. With the batch import, it is possible to trigger the import for multiple companies simultaneously.
In addition to the actual import, further automations can be triggered in the course of the batch import. The use of robotics is an additional feature that must be paid for.
To be able to use mass import in the (sub-)group area, you must first create the interface structure. Interface structures are edited in the master data under Structures. For a description of the standard options in the Structures work area, see the chapter Structures.
To use mass import, you must configure the options in the Automation section of the Structures master data workspace:
Workspace Structure: Configure 'Automation'
The automation options are only available once automation has been activated. These are additional functions that are subject to a fee. If you wish to use these functions, please contact your Lucanet consultant.
Reporting dimensions to be considered during import. The import is only carried out for companies to which the reporting dimension selected here is assigned.
Depending on which checkbox you activate in this area, the corresponding default values are applied or the differences are automatically distributed in the Balance Sheet Comparison workspace:
Split differences: In the master data, it is predefined for automation purposes whether any balance sheet differences that may occur for the selected balance sheet item are temporary or permanent. In addition, it must be defined whether the value movement should be treated as affecting net income (P&L) or not affecting net income (OCI). The Split Differences function uses this information to automatically allocate the balance sheet differences to the respective columns.
In the Data settings section of the Structures workspace, it is specified in which rows and columns the information and values required by the import are located (see Structures).
The batch import is performed in the Import workspace in the (Sub-)Group area. To do so, select the previously configured interface.
Click Import to start import, no further confirmation or saving is necessary.
After the import has been performed, a detailed import log – analogous to the company import – is displayed. An initial overview of the status of the respective companies is displayed in advance.
The following example explains the Materiality options.
The milestone Current Taxes has been set to finished for the two companies SAA and SAB, as they have the materiality A and B respectively, which according to the configuration should be considered during import and adjustment of the milestone status.
Closing the milestones is only possible if the workspaces B/S Comparison, TRR, and Current Taxes contain valid data. In addition, the LCF (Loss Carry Forward) workspace must not contain any values, as the automation does not take effect for this workspace.
The company SAC, which has the materiality C, was not considered during the import, therefore no values were imported and the milestone status was not changed either. This happens due to the configuration of the interface from a), in which it was specified that the import and milestone status changes are only limited to companies with materialities A and B.
This content was generated using AI and reviewed by Lucanet subject matter experts before publication.
