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Questions and Discussion Relative to Pralana Online's "Review" Features
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Topic starter August 3, 2025 6:10 pm
In the Balance Sheet, there is Total Year-End Balance and Total Effective Year-End Balance. What is the difference between these?
August 4, 2025 4:35 pm
The difference should be the "Estimated Tax Liability on Tax Deferred Accounts" (from the column further to the right in the same table). And, that value is your Tax-Deferred account balance times the Effective Tax Rate you chose in Build > Financial Assets > Management >tab: Effective Tax Rate (or, the green "Edit Effective Tax Rate" button at the top right of this Balance Sheet table). Does that work?
Motogopher reacted
Topic starter August 4, 2025 5:52 pm
@chrisb Got it. I figured it was something like that but didn't want to assume anything. Thanks!
