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Tax Reporting (Direct Tax)
Discussion List
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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… -
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… -
Deferred TaxSummary Cannot get deferred tax to populate correctly.Content * The opening balances in deferred tax for the first start year needs to be populated. How do you do this? …
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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…
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TRCS Tax AutomationSummary last period prior year account data via TRCS tax automationContent Hi, Oracle recently added new tax automation rules: * Annualize—Allows partial year amounts to…
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View Dimension member for TB loadContent Hello Expert, As TRCS is the YTD application so we have our TB file with YTD data but currently we are loading files to FCCS_Periodic member from view dimension.…
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Need help with Tax Reporting? We've got you covered!Summary In addition to using the context sensitive help in the product, visit the Help Center for functionally-tailored documentation, videos, tutorials, monthly update … -
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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Parent tax provisionSummary Parent tax provision not workingContent I have followed the documentation to run tax provision at parent. I can load adjustments, but the entity tax automation a…
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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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Net Benefit of Region CalculationSummary NBR Calculation Included on State instead of FederalContent Is there a way to have the NBR(Net Benefit of Region) not be calculated on the federal side and inclu…
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The 2020 Value of EPM StudySummary The Value of EPM Study is gathering benefit and metric information from customers for Oracle Cloud EPM Planning, Costing, Tax and Narrative Reporting.Content How…
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Bring some beauty to work with Cloud EPM's new, gorgeous, globally-inspired Redwood look and feel.Summary Planned to be available in November, you can orient yourself now with Redwood's beautiful aesthetic.Content Redwood won't impact functionality or navigation, jus…
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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 …
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Zakat Calculation in TRCSContent Hi I am looking for an approach to calculate the Zakat amount in TRCS. Zakat is similar to wealth tax and this is in addition to corporate tax calculation. Here …
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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…
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Populating Tax Automation Global Rules via DMSummary When creating a new Tax app, how to populate the Rules using DMContent We are standing up a new tax application. In order to get the necessary forms to populate,…
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Importing tax automationSummary Importing or migrating tax automation from another podContent I have been unsuccessful at migrating tax automation from one pod to another. I need to remove the …
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What's New in EPM Cloud Release 20.09Summary Learn about what's new in EPM Cloud Release 20.09.Content Check out the September 2020 What's New to understand new features included in EPM Cloud Release 20.09.… -
Data load in Supplemental DataContent Can we use data management to load data in supplemental data?
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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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Deleting tax automationSummary Domicile tax automation not clearingContent I has assumed that if I removed global or Domicile automation(and do nothing else) it would delete it from any underl…
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Tarf book sourceSummary Can not add national book sourceContent The TAR Automation Book Balance allows for regional source account input, but not source account national. I understand t…
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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…
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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