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Tax Reporting (Direct Tax)
Discussion List
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TRCS Automation generated for non-active RegionsSummary: We are updating active region flag for the entity in the Tax Rate form. However, during our review of region-level calculations at the combined level, we observ… -
TRCS - Data Integration with FCCS: Unable to import YTD fata from FCCS into TRCSSummary: Content (please ensure you mask any confidential information): Hi all As you can see from the attached screenshot we are not able to import YTD data from FCCS e… -
NIBT Override in Pillar 2 with Pillar 2 currencySummary: Hi Ken & Team, We load P12 Data on a YTD basis (Rather than 1-12 periodically) and use an NIBT override to override NIBT & Book accounts to get correct NIBT / P… -
Parent Automation In Pillar Two for GloBE income / Covered Tax adjustmentsSummary: Hi Ken & team, the admin guide for Pillar Two says parent tax calculations work in the pillar two flow. We currently use parent tax calcs to automate / calculat…
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Direct API based integration between Microsoft Dynamics 365 and Oracle TRCSSummary: We would like to have an API based integration between Microsoft Dynamics 365 and Oracle TRCS. Which does not involve EPM Integration agent. Content (required):…
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Periodic data view in TRCSSummary: Client would like to view periodic data in TRCS Content (please ensure you mask any confidential information): Hi, We understand that the TRCS operates on a yea…
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Tax Provision filing and Pillar2 filingSummary: We have a potential requirement and need to know that apart from Tax Provisioning, can we do corporate income tax filing in any way like we can generate xml fil… -
Options for Overriding Amounts in the Currency Translation for Tax Reporting Pillar 2Summary: We are using the Oracle EPM Cloud Tax Reporting solution with the Pillar 2 module and face challenges in ensuring consistent currency conversion between the con…
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Deferred Tax Form Opening Balance not Populating form Temp Diff FormSummary: Deferred Tax Form Opening Balance as adjusted is blank. CY Total is correct. We are continuing to implement additional Jurisdictions for provisioning. Because s…
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Pillar Two Recast Deferred Expense to 15%Summary: The Recast Deferred Expense to 15% in the Pillar Two Covered Tax form uses the Current Tax Rate to calculate the value however we would like to use the Closing …
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Unable to hide “CbCR” Cluster in Navigation FlowIn one of the custom Navigation flow, users should only be able to access the Pillar Two Cluster without having access to the CbCR cluster or CbCR related cards. However…
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Account not active in CbCR cubeHi all, one of my co-worker accidentally moved TRCS_CBCRRevenues from the out-of-the-box place in the hierarchy and restored but now it's not possible to reactivate it a…
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We have a requirement to compute slab tax rate for UAE Based entitiesSummary: We have a requirement to compute slab tax rate for UAE Based entities and have created a Custom Script on the suggestion of Oracle - @Ken Kramer-Oracle, however…
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Data not appearing in "Intercompany Eliminations" member in Data Source dimension TRCSSummary: Hello Everyone, I am working on eliminating intercompany transactions between related companies under a common parent entity. While I can see that the intercomp…
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1How to visualise Entity Data status of Translate from Pillar Two currency ruleSummary: The Data status form is great for visualising and understanding regular consolidation / translation status. With Pillar 2 there is new business rule / routine o…
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Will the Entity Allocation form be used for IRR in the future, or will be a separate form for IRR?Summary: Will the Entity Allocation form be used for IRR in the future, or will there be a separate form for it? If there is a different form and calculation, when will …
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How to enable new feature entity allocation under pillar two in configuration.Summary: How to enable new function entity allocation> pillar two >under the configuration? Content (please ensure you mask any confidential information): Version (inclu…
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Regional Tax Deduction not included in Taxable Income in starting point for all stateSummary: Inconsistencies are observed in the process of pulling National Taxable Income into the Regional Taxable Income Current Provision for P1-P3, FY25, unlike the se…
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Custom DimensionHow many members can you have under custom dimension in TRC?
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I/C EliminationSummary: Does I/C elimination work automatically within "consolidation" dimension in TRC? Content (please ensure you mask any confidential information): Version (include…
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Experience/suggestion for handling NMCE/Non-consolidated Data in Pillar TwoSummary: Pillar Two requires GloBE calculation for Non-Material Constituent entities, which do not form part of the consolidation process. Is there any experience in the…
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Interaction between USD CbCR and Pillar 2 safe harboursSummary: To ensure CbCR values meet qualifying criteria, post-translated (USD_reporting) values are sourced from FCCS for financial values in table 1 - Revenue and profi…
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Configure Pillar Two to use a different scenarioI want to segregate Pillar Two from the main TRCS Tax Provision which uses the Actual scenario, so have created an Actual_PillarTwo Scenario. I have updated the Pillar T…
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TAX: How does Oracle addresses the XML feature for fulfilling the OECD reporting of pillar twoSummary: Content (please ensure you mask any confidential information): Hi Tax team I would like to know if Oracle is providing XML feature for fulfilling the OECD repor…
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Data Integration Pipeline Send_ToSummary: I am using the SEND_TO variable and want to send email to 3 different email ids at the end of pipeline execution. I am typing the email in comma separated forma…
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How to adjust an ETR % results when it should be null in the P2 SH Overview formSummary: Content (please ensure you mask any confidential information): Hi all We are seeing an ETR % display when there is no PROFIT and thus should display nothing or …
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Need Year of origination to populate as actual year instead of current year - 1,2,3,4 etcSummary: Hi Team is there a way to display TRCS_Originination Years as actual year instead of current year - 1, 2,3,4 etc format on the reports of TRCS application. The …
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cbcrSummary: CbCR Automation not populating forms Content (please ensure you mask any confidential information): I have rolled over my CbCR automations which were previously…
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Tax Reporting (TRCS) - Data Is not Flowing on Pillar Two FormsSummary: Issue: Data is not flowing on Pillar Two Forms. Consolidations and Translation Ran to success. Do we have to consolidate Global Assumptions? Do we have to prefi… -
TRCS Smart ListSummary: In TRCS Tax Losses form for Year Of Expiration we have default smart list enabled. Tax Losses form and Tax Losses - By Year of Expiration are interrelated but w…