To ensure that questions get required attention from community members and are NOT left unanswered, it’s important for the author to indicate (by selecting “Yes” or “No” when prompted) whether the question was answered. (newly added) Please note that it is also important to respond to EACH comment your question receives. Your Yes or No response ensures an accurate status for your question.
For more information, please refer to this announcement explaining best practices for getting answers to questions.
For more information, please refer to this announcement explaining best practices for getting answers to questions.
Tax Reporting (Direct Tax)
Discussion List
-
Multiple Consolidation RunContent Hi, 2 power users sitting in two different places are running the consolidation rule at the Total Geography level and in this process, one of the consolidation r… -
Jurisdiction Load ErrorSummary Dat loaded to incorrect jurisdiction.Content I have found a few cases were dat was loaded to incorrect jurisdictions, either at book data or as tax adjustments. …
-
Representation of different levels of consolidated financial statements in tax reportingSummary Separate levels in tax reporting for local financial statements, late adjustments and group entries (e.g. ppa).Content I am looking for an exchange here on how y…
-
'Clear Data' does not allow option to choose members of 'Data Source' dimensionSummary 'Clear Data' option allows to select 'Managed Data' , 'Supplemental Data' and 'Other data' which results in clearing of Tax mapping rules alsoContent While clear… -
Navigation flow - created tiles are no longer visible after last updateContent Does anyone have the same problem that with the latest upade self-created tiles are no longer visible?
-
Copy Configuration 'Tax Automation Rules' by EntitySummary Need to Copy Tax mapping for One Legal Entity across numerous Branches of that EntityContent Business Scenario: Presently 11 Legal Entities are configured for Co…
-
Check booked vs calculated tax - Tax Account Rollforward - reversed sign for deferred tax liabilitieSummary How to link balance sheet items like deferred tax liabilities with the sign reversed into TAR?Content I'm facing the issue that the transfer of the booked deferr…
-
CBCR xml fileSummary CbcReportForXML fails the UK Tax Authorities (HMRC) xml upload testContent We are using CBCR to produce the CbcReportForXML file for upload on the HMRC (UK Tax A…
-
Foreign Tax Rate Differences in Consolidated ETR DashboardContent Hi, TRCS out of the box provides a CETR dashboard. This dashboard has total 4 dashboards and 2 are related to Foreign Tax Rate Difference % and amount. Any idea …
-
Cash Tax by Jurisdiction Dashboard in TRCSContent Hi, TRCS has default "Cash Tax by Jurisdiction" dashboard. This dashboard displays Tax % using the below formula: Total Tax Expense/Net Income Before Tax I can s…
-
Tax reporting online full trainingContent Hi Tax team, Anyone knows where I can find a complete Tax reporting training documentation online or elsewhere? If Oracle has this information internally, please… -
Updated Standard Reports Now AvailableContent Updated standard reports for Tax Reporting are now available on the Oracle Cloud Marketplace. The updated reports support the Total Special Deductions Hierarchy … -
Data Format When Long/Large Number Entered into Web FormContent We tried to enter a long string of numbers (18 digits) into the Current Provision Web Form and noticed that it appears the number is rounded after saving and con…
-
Alternate HierarchySummary Limited to alternate hierarchy when using parent adjustmentsContent I am using parent level adjustments in a number of parents in my legal hierarchy. I need to c…
-
Computation of QTD valuesSummary QTD member under 'View' dimension is not showing quarterly aggergationsContent While we select the QTD member under the 'View' dimension, instead of computing Qu…
-
Deferred Tax calculation - Hybrid approachSummary Deferred Tax calculated using Balance Sheet and PL AccountsContent We have a requirement wherein the deferred tax is calculated through Balance Sheet and PL acco…
-
Regional Apportionment Functionality required in National Tax ProvisionContent Hi, We have a requirement where Entity 1 has a foreign shareholding of 4.3%. Income tax applies to foreign shareholding only. In National tax automation, we are …
-
How to achieve current provision of one entity as deduction for another entityContent Hi, We have the following business case. Entity A is in country X. It has 95.7% investment in Entity B which is in country Y. The current provision of Entity B (…
-
Handling of two different tax rates on taxable income in dependency of the amount (Case Netherland)Summary Two different tax rates: 16,5% up to € 200.000 and 25% for the amount above € 200.000Content Hello, I am looking for best practices in calculating taxes for enti…
-
Identify Minimum balance between CY and PYContent Hi, We have a requirement to identify a minimum balance between CY and PY TB at GL level and link minimum balance in tax automation for current provision calcula…
-
Use Member formula in Tax Automation displays 0 in Current Provision FormContent Hi, We have written a member formula which refers value from current provision form and then this member formula is referred as source account in tax automation …
-
Daywise Tax Depreciation Calculation in TRCSContent Hi, We have a requirement to calculate day-wise tax depreciation. E.g. If an asset is purchased on 1st day of the May month then tax depreciation should be from …
-
Roll Over Tax Rate for Newly added Tax AccountContent Hi, We have created a new tax rate member under parent TRCS_TaxRates. After adding this member, we have executed the rollover option to copy the tax rate from th…
-
Valuation AllowancesSummary Classification of assets vs liabilities in Deferred TaxContent I have valuation allowances set to classify as assets on deferred tax. In reviewing TR classificat…
-
Two Tax Rates for Current Provision CalculationContent Hi, We have a requirement where we have two tax rate e.g. tax rate1 - 2.5% and tax rate2 - 2.575%. The tax requirement is if Amount1 is higher than Amount2 then …
-
POV pencil not displaying any informationSummary POv navigationContent I have noticed may instances when using the pencil, that I cannot see any POV information, I need to revert to using the POV menu "bar". Do…
-
Copy Configuration By EntitySummary Copy Configuration by entity only works for single entity selectedContent I selected the level 0 descendants of a parent entity to copy configuration(tax rates, …
-
Can TRC update prefix _FCCS members from FCCSummary Synchronizing metadata between applicationsContent TRC has a seeded member FCCS_Income Statement. When a FCC application is configured (Traditional Approach) tha… -
How to best use P14Summary Best Practices for using P14Content I am new to TRCS and have not used P14 yet. What is best practice for using this. A few items to covers: 1)What is the best w…
-
Overview video on Supplemental DataSummary This video highlights the key features of Supplemental Data.Content Hi, The ‘Overview: Supplemental data’ video highlights the key features of Supplemental Data …