Current Tax
Discussion List
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Submitting the opening balance of DTA and DTL Accounts for Annual rolloverSummary Submitting the opening balance of DTA and DTL Accounts for Annual rolloverContent Hi Experts,In current set up of our TRCS application we are calculating both DT… -
Error details - User Variable BS Group does not exist for this application., User Variable FinancialSummary Error details - User Variable BS Group does not exist for this application., User Variable Financial Instruments does not exist for this application: while migra…
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Regional TAR - Book Account MappingSummary Current Book Tax Expense from Source AccountContent We are unable to automate Book Tax Expense to appear on the Regional TAR form without mapped book amounts bei… -
How do I achieve Tax Rate % (ETR) and Consolidated Effective Tax Rate % (CETR)Summary I would like to achieve ETR and CETR data in the respective formsContent For the Tax Rate %, I have the following: (A) Profit Before Tax = $29,965,595 (B) Corpor…Pradeep Kumar-230381 42 views 1 comment 0 points Most recent by Xaviro Jokhoe-62628 Tax Reporting (Direct Tax)
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Running Tax automationSummary Loading tax data and running Tax automationContent Since tax data is loaded YTD is it necessary to load GL data each month, then roll tax rules to the next perio…
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EPM – Tax Reporting Update October 2020, 22 October 2020, 8 a.m PT - Submit QuestionsContent Submit your questions for the EPM – Tax Reporting Update October 2020 session to have them answered during the live event. Post your questions by posting a new c…Denitza Krasteva-Oracle 23 views 1 comment 0 points Most recent by Liz Leerson Tax Reporting (Direct Tax) -
Retrieving Capital Allowance (CA) amounts in TRCS based on multiple CA rate categorizationSummary As per Singapore tax regulations, companies can claim the wear & tear allowances for the qualified fixed assets, based on different CA rates (33 1/3% over 3 year…Pradeep Kumar-230381 28 views 1 comment 0 points Most recent by Ken Kramer-Oracle Tax Reporting (Direct Tax)
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Movement Dimension HierarchyContent Hi Experts, TRCS movement dimension has FCCS_ClosingBalance hierarchy. This hierarchy is similar to FCCS where we load our data under this hierarchy and it helps…
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Double Amount for "Ending Balance as per Book" at "All National" level for some entitiesSummary Double Amount for "Ending Balance as per Book" at "All National" level for some entitiesContent Hi Experts, When i am seeing the amount at relevant Jurisdiction …
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Consolidation job is not calculating the TaxSummary Consolidation job is not calculating the TaxContent Hi Experts, Oracle has applied a new patch 20.09, after that if I am running the consolidation, system is not…
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Working with Tax LossesSummary Working with Tax LossesContent Any tips or suggestions for set up and working with tax losses? Ideally we could use Tax Automation to apply carry forward losses …Liz Leerson 32 views 2 comments 0 points Most recent by Yuting Deng-145358 Tax Reporting (Direct Tax)
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Capital Allowances - Tax Asset bookSummary How to setup Capital Allowance model in TRCSContent Both my clients rely heavily on maintaining a tax asset book for calculating the specific capital allowance b…User_2025-02-05-23-45-21-053 105 views 3 comments 1 point Most recent by Ian Bacon-197800 Tax Reporting (Direct Tax) -
Add new accounts under Dynamic Calc Parent MemberContent In the account dimension, is there any restriction that new members can be added under specific dynamic calc parent member like “FCCS_Income Statement” or “FCCS_…
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Current ProvisionSummary Tax calc on cyadj appears to be doubledContent The cyadj amount calculates at 2 times the tax rate. I am assuming the tax adjustments are getting double counted …
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Seeded Balance Sheet and Income Statement Hierarchy in Tax reportingSummary Seeded Balance Sheet and Income Statement Hierarchy in Tax reportingContent Its mentioned in the Tax reporting admin guide that TRCS has seeded BS and IS with pa…
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EPM – Tax Reporting Update August 2020, 13 August 2020, 9 a.m PT - Submit QuestionsContent Submit your questions for the EPM – Tax Reporting Update August 2020 session to have them answered during the live event. Post your questions by posting a new co…Denitza Krasteva-Oracle 35 views 4 comments 0 points Most recent by Mehul Shah Tax Reporting (Direct Tax)
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Calculate Minimum Alternate Tax (MAT) in TRCSContent Hi, Anyone has tried a Minimum Alternate Tax (MAT) calculation in TRCS? If a legal entity has a loss in the current year then in this case MAT is applicable for …
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Disable Entity for Tax CalculationSummary Disable Entity for Tax CalculationContent Hi All, Is there any way to disable the entity for Tax calculation purpose in TRCS? Thanks & Regards, Gaurav Sharma
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Periodic view FormsSummary P12 year end tax calculations using periodic viewContent If the Tax provision forms are preset to Periodic (& hidden) how would I see the full year's NIBT in P12…User_2025-02-05-23-45-21-053 23 views 8 comments 0 points Most recent by User_2025-02-05-23-45-21-053 Tax Reporting (Direct Tax)
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Common Questions about Tax ReportingSummary Here are answers to some common questions about tax rates, tax rules, tax automation, and adding attributes for ownership
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New Idea Lab for Tax Reporting CloudSummary Announcing Idea Lab for Tax Reporting CloudContent We are pleased to announce the launch of the Idea Lab for Tax Reporting (TRCS). Here, you can share enhancemen…
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Announcing a New Tour Video for EPM CloudSummary A Tour of EPM Cloud and a Tour of Tax Reporting.Content Overview: Tour of EPM Cloud Need a world-class EPM Cloud solution? Don’t settle for a partial, configurat…Stefanie Rosenberg 16 views 0 comments 0 points Most recent by Stefanie Rosenberg Tax Reporting (Direct Tax)
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Tax Reporting Cloud Service Hands-On Workshop (Live-Virtual-Class), November 22-23Summary APAC timezone - Tax Reporting Cloud Service Hands-On Workshop (Live-Virtual-Class), November 22-23Content 1.5-Day Deep Dive, Hands-on Partner Training for Tax Re…Michel Schoolenaar-Oracle 34 views 1 comment 2 points Most recent by User_2025-01-31-00-23-21-108 Tax Reporting (Direct Tax) -
Tax Reporting Cloud Service Hands-On Workshop (Live-Virtual-Class), October 16-17Summary Tax Reporting Cloud Service Hands-On Workshop (Live-Virtual-Class), October 16-17Content Register here.Denitza Krasteva-Oracle 34 views 3 comments 3 points Most recent by User_2025-01-31-00-23-21-108 Tax Reporting (Direct Tax)
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Introduction to Tax Reporting Cloud Service VideosSummary This presentation provides quick links to all available overview videos and tutorials for Tax Reporting Cloud.Content The following videos are available: - Overv…
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Rollover Tax RatesSummary How to Rollover Prior Year Current Tax Rate & Opening Deferred RateContent Hello, Is there a way to rollover the rates from FY17 P12 to get them to populate as t…Matthew Gregory-137392 38 views 3 comments 1 point Most recent by Denitza Krasteva-Oracle Tax Reporting (Direct Tax)
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Regional DeductionSummary Unable to get Regional Deduction to flow to Current National Provision.Content The client opted to employ the “standard” TRCS methodology to treat the Regional T…