Tax Reporting
Discussion List
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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… -
Would you like more information on Configuring Entities and Jurisdictions in EPM Cloud Tax ReportingContent Check out this hands-on tutorial: https://bit.ly/tr-configure-lp When you complete this tutorial, you should be able to: * Create a national jurisdiction * Add a… -
What's New in EPM Cloud Release 21.03Summary Learn about what's new in EPM Cloud Release 21.03.Content Check out the March 2021 What's New to understand new features included in EPM Cloud Release 21.03. -
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…
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'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…
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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?
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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…
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4 new video tutorials for ReportsSummary New reporting solutionContent We are pleased to announce the availability of the following 4 new video tutorials for Reports: Reporting in the new Cloud EPM Plat… -
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…
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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 …
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What's New in EPM Cloud Release 21.02Summary Learn about what's new in EPM Cloud Release 21.02Content Check out the February 2021 What's New to understand new features included in EPM Cloud Release 21.02.
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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 …
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Next Generation Reporting in the EPM Cloud Platform FAQContent The EPM Cloud Platform has new next-generation reporting capabilities coming in 21.02 (which is next Friday in test). The new "Reports", which has previously bee… -
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…
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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… -
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…
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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…
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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 …
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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…
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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 …
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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…
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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…
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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 (…
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Consolidation time increasingSummary Consolidation times seem to be increasing as the build progressesContent Over time the consolidation times for a full years data appears to be increasing conside…
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Financial Reports Consideration for Total Special Deduction Hierarchy Introduced in DecemberSummary Review this consideration regarding Financial Reports when using new Special Deductions HierarchyContent Reports downloaded from Oracle Market Place prior to Rel…
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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 …
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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 …
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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…
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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…
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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, …