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Tax Reporting (Direct Tax)
Discussion List
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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 … -
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… -
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… -
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…
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Identifying PO is not populated for Tax Lines in OTBI reporting ( Payables - Transactions Realtime)We are not able to Populate Identifying PO for Tax Lines in OTBI reporting ( Payables - Transactions Realtime)
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Disabling Accounts/Entities in TRCSHello Is there a way to disable an account or an entity in TRCS if the same is disabled in Oracle Fusion? Currently, I do not see such an option in TRCS but just wanted … -
Global vs Domicile Tax AutomationSummary: Global vs Domicile Tax Automation Setup Content (please ensure you mask any confidential information): I know that the suggested practice is to create Global Au…
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TRCS - NO DATA VISIBLE PILLAR TWO SAFE HARBOURS BY PILLAR TWO JURISDICTIONSummary: We are unable to use the TRCS_TotalPillarTwoJurisdictions for Safe Harbour Calculations. We have correctly mapped both the accounts and the Pillar Two Jurisdict…
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Regional Tax Deduction in National Current ProvisionSummary: The deduction in the Current Provision - National form is based on the Regional Current Provision total row at the bottom of the Current Provision - Regional fo…
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Exporting TRCS setup data to create connection to EDMSummary: We have been on TRCS for a few years and we have never had the time to connect EDM's master data to TRCS. I wanted to know if there is a way to export/extract t… -
Task Manager Schedule section grammatical error in 'Year' after Enabling Application Dimension AliasSummary: I followed the steps mention in Enabling Application Dimension Alias at our TRCS Dev environment and now changes are reflecting at SDM as well as Task Manager, …
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do we have any documentation for elections/ entity classifications feature in TRCSHi, Could someone help me with the below, I'm looking for documentation with illustrative examples of how entity classifications impact calculations in TRCS (similar to … -
Copying across different scenarios and years in TRCSHi all, We have a data copy problem and we were wondering what the best solution would be: Context: Due to reporting requirements, we are trying to copy all data from th…