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Tax Reporting (Direct Tax)
Discussion List
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CbCR Table 1 and Table 2 to use different entitiesThe system is currently configured so that each jurisdiction loads data and calculates the tax provision with consolidated entities (i.e. data for multiple entities is l… -
Moved: Line item details TRCSThis discussion has been moved.
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Entity Total is not accurately populated in TAR formI have six US entities rolling up to a US parent. All current year and deferred activities are booked in the children entities, except for NOLs and VAs are recorded at t…
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Moved: How Do I Export Line Item Details from Current Provision?This discussion has been moved.
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Drill-Through from Data Forms to Journals in TRCSSummary: This request is for to know if any feature in TRCS that allows users to drill from data forms, where tax data is displayed, directly to the related journal entr…
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Cash Tax By EntitySummary: If the Cash Tax by Entity dashboard calculates the amount of funds that have been issued to meet tax obligations for a specified time period, why specifically i…
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Pillar two queriesSummary: Let us know by when Phase3 and Phase 4 are targeted to be released? Ie, Entity Classification, In / out scope and Election tracker and IIR, UTPR, QDMTT. Also wa… -
Regional Tax for US Domicile CFCs present in a different JurisdictionHi All, We have a case where, we have one CFC for US Domicile, which is having the domicile as Bermuda. Since the CFC Entity has Bermuda as the domicile, US regions are …
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TRCS Cosmetic changeDo cosmetic changes happen post patch are included in the monthly patch updates? Even though it may impact little customers get confuse often when there are changes in t…
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Deferred Tax Regional Not PopulatingTrying to make sure my regional reports are tying out, but noticing my Deferred Tax Regional won't populate even after Consolidation. I have data showing in Temporary Di…
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Created new Reporting Currency, but it won't translate in TRCSIs there a way to translate an entity currency to two different types of Reporting Currency? We have an entity that we want to translate to for USD and Euro Reporting Cu…
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Recommended Approach to Data Pull if Primary Ledgers & Secondary Ledgers are in Different CurrenciesSummary: In our current set-up we are pulling Primary Ledger data in functional currency for all countries using standard PBCS data integration (into No Multi GAAP dimen… -
NOL acquisition adjustment on the Tax loss form is flowing as a deferred only adjustment on the tempSummary: The Adjustments on the TRCS_TLCAcquisition - Other Balance sheet adjustments of the NOL are flowing to the TRCS_Othersys - Other Adjustments - Automated (Deferr…
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CTP Form Closing balance to appear in appropriate TAR ColumnSummary: Client has raised a point, that if there is positive balance coming as Closing balance in CTP form (Receivable balance), it should be moved automatically to Inc…
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Is there a way to add Valuation Allowance to RTA form?My current RTA form looks like above, is there a way to add my Pretax VAs to RTA form as well? Essentially, I want my VA RTA to populate on the Temporary RTA column.
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TRCS_TaxForeignRateDifferenceSummary: Does anyone know the calculation for this account in TRC "TRCS_TaxForeignRateDifference" Content (please ensure you mask any confidential information): Version …
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Valuation Allowance Balance not flowing from Temp Diff National Form to Temp Diff Regional FormSummary: Valuation Allowance - Tax Losses balances incorporated in Temporary Difference National Form is not flowing to the Temporary Difference Regional Form. Account a…
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RTA doesn't get post to Deferreds and Temporary Difference FormI have inputted PY Provision to FY22 P12 and PY Return info to FY22 RTA. Also, entered current and deferred tax rates to FY22 P12 and RTA. RTA form populates and looks c…
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Regional Current Provision not calculatingSummary: My National Current Provision appears to be configured correctly with data coming through automated column, etc. When I flip to the Regional Provision, nothing …
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TRCS - Current Provision Form not functioning correctlyHi, I have three TRCS Current Provision Form related questions. First, when I go to Current Provision Form, and enter something in Entity Currency to the Adjustment colu…
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Current Provision not pulling YTD amountHi, Currently we are loading the book data from PBCS periodic to TRCS periodic, and YTD supposedly is automatically calculated. In the Income Statement view we are able …
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Current Provision Tax Automation Not Pulling DataSummary: The data integration has completed, we have info populating on BS and IS Form view. Tax Automation rules have been configured and previously we had numbers comi…
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Can we start safe harbor Pillar Two? Till we understand how we can set up the rates?Summary: Can we start safe harbor Pillar Two until we understand how we can correctly setup the rates.? Idea Number: 771348 Content (please ensure you mask any confident… -
In etr calculation , automated tax is not computed for certain line itemsSummary: While calculating ETR, even after attaching attributes (Tax Type: National & Regional, Tax Data Type: PreTax, Consolidated ETR: CETR) and defining tax rates, ta…
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Stat ETR form does not populate TRCS_PermTotal, causing a disconnect and incorrect ETR calcSummary: Stat ETR form does not populate TRCS_PermTotal, causing a disconnect and incorrect ETR calculation. We've reviewed metadata properties against a similar system …
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scenario in TRCSSummary: Does TRCS supports other scenario dimension members like Actual_Prior? How can we create "Actual_Prior" scenario in TRCS and copy data to it from "Actual"..?
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TRCS Smartview Deferred Tax Form all grayed outI opened TRCS Deferred Tax Form in SmartView but all the cells are grayed out and I cannot enter anything. Does anyone knows how to fix this issue?
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TRCS Balance Sheet not showing Net IncomeMy Balance Sheet Form does not balanced in Oracle TRCS, it's off by the Net Income amount. I have amount in the Income Statement Form. How do I configure it, so the Bala…
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How to add new Temp Difference Accounts for specific Domiciles onlySummary: I have added many at Global but this is the first time we need to go to a specific Domicile as we are beginning to layer in foreign tax entities. I guess I want…
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How to get required field list column in the attribute section of Supplemental Data collection tabSummary: SDM (Supplemental Data) Collection tab query related to mandatory/required attribute - I am unable to identify mandatory/required attribute in list of attribute…