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Tax Reporting (Direct Tax)
Discussion List
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Important 25.11 Update in EPM Platform Forum for Tax ReportingSummary: Information impacting Nov 2025 EPM Production Update to Tax Reporting See Link below for details: 25.11 update will NOT be applied on the production environment… -
De-Support of Cloud EPM Forms 1.0 and Dashboard 1.0Summary: As announced in the IMPORTANT Actions and Considerations section of the Oracle Fusion Cloud Enterprise Performance Management Feb 2025 What's New, please ensure…
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List of Past Tax Reporting Webcasts and links to Replay and DeckSummary List of Past Tax Reporting Webcasts and links to Replay and Deck Content List of Webcasts and Links: EPM Tax Reporting Update - Sept 2025 - RTA - Tax Loss/Credit…
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Tax consolidation in TRCSSummary: Consolidation in TRCS - I have my consolidated numbers in FCCS. These numbers are being imported to TRCS through data exchange. I want to do a standalone entity…
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Cloning from 25.11 (test) to 25.10 (prod)Summary: Cloning from 25.11 (test) to 25.10 (prod) Content (please ensure you mask any confidential information): Based on the latest release attached from Oracle, we ha…
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Capital Gain and Loss TrackingSummary: How to separately track tax on capital gains and losses Content (please ensure you mask any confidential information): Is there a function available to track ca…
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Elimination in FCCS or TRCS?Summary: Should we run ICP elimination in FCCS or TRCS? Content (please ensure you mask any confidential information): We are implementing both FCCS and TRCS. FCCS will …
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TRCS Domicile Input Feature Results in No DataI'm testing the TRCS Domicile Input functionality and having an issue getting data to populate. I deleted our Jurisdiction dimension mappings in Data Management and repl…
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Depreciation in TRCSSummary: I wanted to calculate depreciation as per Income Tax in TRCS. Under the parent "TRCS_BVTAccounts", created a member name "FA0001". it is of store type and "Nati…
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Change in Valuation Allowance in Statutory ETRSummary: How is the Change in Valuation Allowance mapped under Statutory ETR Content (please ensure you mask any confidential information): Can someone please shine some…
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TRCS CbCR- Entity Structure - One Entity in One JurisdictionSummary: If there is one entity only that is tagged to one Jurisdiction and that entity now has been sold. How to keep that entity for previous years data in TRCS as CbC…
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TRCS CbCR - Entity Structure - Sale of EntitiesSummary: If any entities from Entity CoA in TRCS has been sold off, then how that needs to be handled in TRCS for CbCR specifically. Content (please ensure you mask any …
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Deferred Tax calculation by Balance Sheet ApproachAs per the data provided by Oracle, I created one member name "DTL0001" in account dimension under "TRCS_NDefTaxTotal". Tt is of store type and "NationalAndRegional" as …
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The issue faced is automation in calculating numbershttps://us.v-cdn.net/6034893/uploads/OSVPT8FZHQU8/details-for-sr-281-29.docx Summary: There are certain custom calculations needed as part of current provision form. Cur… -
TAR Automation not saving data with Customized members under movement dimension TRCS_Mvmts_SubtotalSummary: Created 2 new member in movement dimension under TRCS_Mvmts_Subtotal with Attribute Tax AutoTargetMovement. We are trying to Automate in TAR Automation but not …
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Clarification on Top-Up Tax Calculation Logic in TRCSAs per the TRCS Admin Guide, the logic for calculating top-up tax is based on entity-level ETR. It states that if an entity’s ETR is below the Pillar Two tax rate (15%),…
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Should AETR be calculated after aggregating base members at the Corporate Provision?Question(s): We’re seeing the AETR calculated separately for the “No Multi‑GAAP” and “Corporate Adjustments” members, then added together at the “Corporate Provision” pa…
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Is there a way to provide Users access to the consolidation screen to manage ownership?Summary: Power Users are able to access the consolidation screen to change and recompute ownership, is there an access that we can provide to User to do the same thing? …
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CbCR and Custom DimensionsSummary: How to best configure TRCS for CbCR and Custom Dimensions We have a client that requires both CbCR and Custom Dimensions so are seeking guidance on the recommen…
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valuation allowance automationSummary: Tax automation for valuation allowance Content (please ensure you mask any confidential information): Is it possible to use Tax Automation to automate valuation…
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What are the implications of creating a new Alias Table for the Entity dimension?We're looking into creating a new Alias Table that will be used by the Entity dimension. What are the implications of making this change for all entities in TRCS? What w…
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Translation Amount Override in CbCRIs there a way to achieve translation amount overrides in TRCS for the CbCR accounts in CbCR cube? We achieved this in the Consol cube for the Equity accounts by bringin… -
Pipeline to run business ruleSummary: How to get variable names used in Business Rules for Pipeline? Content (please ensure you mask any confidential information): We are implementing pipelines in T…
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Adding custom valuation allowance accountsSummary: Can we add custom valuation allowance account under TRCS_VATotal? Content (please ensure you mask any confidential information): Hi Experts, At the moment there…
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Actual PY P13 Closing Balance as Actual CY P1 Opening BalanceHello Experts, Based on my understanding, TRCS by default picks up the closing balances from Actual PY P12 period to reflect the same as opening balances in Actual CY P1… -
TRCS Certification from Oracle UniversitySummary Can some one suggest how to get certified in TRCS for Oracle universityContent Hi, I would like to know how to get certified in TRCS and what would be the cost. -
how to calculate equity closing balanceSummary: We have a request to be able to distinguish between deferred tax asset equity and deferred tax liability equity closing balance amounts. To calculate this we ne…
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how can we have different tax rates for specified income accountsSummary: Hi Experts, We want to have different tax rates for some specific income for one entity. How can we configure that in TRCS application? For eg. Business income …
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Pillar Two Safe Harbor is enabled in the application but how does it impact top tax calculation?Safe harbor is enabled in the application but it seems not impacting any top tax calculation. Ideally if Safe harbor is applicable on the jurisdiction then top up tax sh…
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Safe Harbour set up using System FunctionalitySummary: While doing the safe harbour set up using TRCS safe harbour functionality, facing below error: ETR getting calculated at entity level, even though there are mul…
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Locking all prior period for new entitiesSummary: For entities that start in 2025, is there are a way to lock all the periods prior to 2025 automatically? Content (please ensure you mask any confidential inform…
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Config Plan type in TRCSSummary: New plan type "Config" in TRCS sample application Content (required): Hi, I have enabled a sample TRCS application and noticed that a new plan type (named Confi…