Combined reporting
In accounting, combined reporting means filing one state income tax return for a unitary group — the members' income combined, then apportioned. Two rules decide whose in-state sales count in the numerator: Joyce (only members with nexus) and Finnigan (every member, once any member has nexus).
- Layer
- Lexicon
- Defined in
- Lexicon
- Nearby
- 4
Not a rule
State law — not codified in GAAP. US GAAP governs recognition, measurement and presentation — not the mechanics a bookkeeper uses to get there. Anyone citing a standard for this word is citing the wrong thing.
Every citation in this system, with the text we read and the date we checked it, is in US GAAP and where these rules come from.
What it is not called
Each of these is a real word for a different thing. Using it here is what makes a product read as though it was built by someone who has not done the work.
- consolidated return (the federal election)
Nearby in the catalog
No component names this concept outright. These are the ones in its part of the system, which is a weaker claim — but a component nothing links to is a component nobody finds.
Also in Multi-entity
Defined in Lexicon. This page is generated from that document, so the two cannot disagree.