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What's the difference? The point of the question below? and got a better answer
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It's hard to say without knowing the numbers. At the end of the previous year, based on the results of the inventory formed a reserve in the accounting. If the amount of the reserve in the accounting will be more than in tax accounting, then a deferred tax asset of 09/68 is formed, if vice versa, a deferred tax liability of 68/77. In general, my opinion, given that the reserve in Accounting is created solely to show the owners of the upcoming expenses on vacation pay, and in tax - to evenly recognize the costs + in the tax can not be written off due to the reserve for unused vacation compensation, it's better to form a permanent difference. There will be no error and will not affect the financial result.
It's hard to say without knowing the numbers. At the end of the previous year, based on the results of the inventory formed a reserve in the accounting. If the amount of the reserve in the accounting will be more than in tax accounting, then a deferred tax asset of 09/68 is formed, if vice versa, a deferred tax liability of 68/77. In general, my opinion, given that the reserve in Accounting is created solely to show the owners of the upcoming expenses on vacation pay, and in tax - to evenly recognize the costs + in the tax can not be written off due to the reserve for unused vacation compensation, it's better to form a permanent difference. There will be no error and will not affect the financial result.