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.
Learn about the new Oracle AI Agent Studio for Fusion Applications: Watch Now
Tax Reporting (Direct Tax)
Discussion List
-
TRCS and FCCS: Is there a way to copy Supplemental Data from one period to anotherSummary: Content (required): Hi all We would like to copy Supplemental Data from one period to the next, but we do not see this option. Could you: let us know if it is p… -
Pillar Two Tax AutomationSummary: How do you manage tax automation for Pillar 2? Content (required): What actions have to be done to get Pillar 2 accounts in the different (GloBE, Covered Tax) s… -
NOL automation to offset loss between entities in same groupSummary: Content (required): Hi, We have the following two queries with respect to NOL automations. Example Entity Hierarchy – E0 (Parent) E1 (Child) E2 (Child) E3 (Chil…
-
Master & Local FilingSummary: Is Narrative Reporting Required for Master / Local Filing Content (required): We are just now working through implementing CbCR. My understanding is that the XM…
-
Ownership management for CbCR cubeWe have a scenario where entity needs to move from one parent to another for CbCR hierarchy. Since Ownership is not working on CbCR hierarchy, therefore the only option …
-
Right Click Menu not surfacing on Tax Automation Rules Screen in PRODSummary: I just tried to add a new temporary difference line item account to one of our rules and the right click menu will not surface in Prod. It works fine in Test. S…
-
How to enable Custom dimension in TRCSSummary: How to enable Custom dimension in TRCS Content (required): Hi, We are enabling a custom dimension in TRCS using the below TRCS documentation. We have tried belo…
-
Manage Tax on Advance Receipt Feature for KSASummary: Content (required): Tax on Advance Payment should be calculated as per KSA Tax Authority instruction. Can we implement below Doc ID in KSA or it's only limited/…
-
Single Entity in Two JurisdictionsSummary: Hi, We have a below requirement in TRCS. Has anyone face a similar use case in the past, please suggest. Entity1 is part of TaxGroup1. Entity1 has Country1 juri…
-
Migration to Hybrid environment to enable additional dimensionsSummary: Client has sought feasibility to migrate their old legacy to new Hybrid environment to enable additional dimensions. Content (required): Client started using en… -
TRCS_Originination Years - How to show actual year vs CurrentYear - (1,2,3,4,etc)Summary: In the reports section of the application we would like to show the actual year in comparison to the origination account instead in the report it is populating …
-
Can we perform Consolidation (ICP, NCI, reclassifications,etc.) in Tax ReportingSummary: Ability to perform complicated consolidations for the subgroupings done in TRCS. Content (required): There are more than 200 Legal entities and the TB level dat… -
Interim ProvisionSummary: Compute a separate state AETR to book Regional expense and payable separate from National. Content (required): Currently we forecast provisions for Interim usin…
-
Enhanced Annualized Estimated Effective Tax Rate - July UpdateSummary: Would like to gain clarity on the TRCS July Update "Automate the AEETR from any Scenario in any target Scenario by selecting:" Content (required): Is there an o…
-
Functionality to prevent the user from running DM data export rule only after the task man. approvalSummary: Preventing DLR run based on workflow. Content (required): Current Process for creating export file from TAR from: Step 1: We are enabling the approval workflow …
-
Oracle Tax Cloud - Bringing Tax & Finance TogetherSummary Oracle Tax Reporting Cloud can help you to meet increasingly complicated global tax reporting requirementsContent Globalization equals tax authorities fighting f…
-
Requiring Customization on Pre existing User Security RolesSummary: Requiring Customization on Pre existing User Security Roles like "Viewer", "user" etc. Content (required): Hi, We would like understand if customizing the below…
-
What's New in Oracle Cloud EPM Release 23.08Summary: Learn about what's new in Oracle Cloud EPM Release 23.08. Content (required): Please refer to the August 2023 What’s New guide to understand the new features in… -
Wanted to know is there any way we could automate the Unabsorbed Depreciation calculation in TRCS?Hi, there is a specific requirement for computation of Unabsorbed Depreciation and carry forward of the same in TRCS implementation, is there any workaround available fo… -
If someone wants an Automated set-off for UK Fiscal Loss Relief in TRCS, How this can be achieved?Summary:Fiscal Tax Losses - UK Content (required): We are working for a client, wherein they want to understand if there is a possibility to automate sharing of losses a…
-
I have created 2 tax loss accounts, 1 is a normal tax loss account and 1 is unabsorbed depreciation?i have created 2 tax loss accounts under Total National Tax Losses-Carryforward Automated as below: Now, the issue is that we need bifurcation of a tax loss of say -1200…
-
Are there plans for a Tax Reporting Implementation Professional Certification?Summary: Are there plans for a Tax Reporting Implementation Professional Certification? Content (required): Are there plans for a Tax Reporting Implementation Profession…
-
Audit log information Configuration optionSummary: Audit log information in TRCS can be disabled/enabled for all or some trackable items. If disabled system does not log the changes. Is there a way to obtain the…
-
Direct API based integration between Microsoft Dynamics 365 and Oracle TRCSSummary: We would like to have an API based integration between Microsoft Dynamics 365 and Oracle TRCS. Which does not involve EPM Integration agent. Content (required):…
-
Can TRCS calculate tax by slabs ?Summary: We are implementing Tax for one client and they have requirement to calculate direct tax by slabs. Does TRCS have the functionality to calculate tax by slabs? C…
-
Can we automise the set off of tax losses upto 75% of taxable income ?Summary: Tax losses allowed to be carried forward indefinitely however they can be set off only to the extent of 75% of taxable income of a positive taxable income year.…
-
How to automate tax provision in TRCS ?Summary: we have uploaded Trial balance data and defined automation rules. Forms for provision and trial balance have correct dimensions. Tax rates are defined. Even aft…
-
GL Integration with Oracle Tax ReportingSummary: Can Oracle GL Integration be done with Oracle TRCS using Data Management. Also, can the GL data be pulled in real time or upon a refersh? Content (required): Ve…
-
Has anyone tried an integration between Oracle Fixed Assets module to TRCS?Summary: Has anyone successfully done an integration (by Data Management) b/w Oracle FA to TRCS. I am trying to do it through a flat file by setting a connection as Data…
-
Do Oracle has plans for BEPS Pillar 2 requirement in TRCS?Summary: With reference to - https://www.oecd.org/tax/beps/tax-challenges-arising-from-the-digitalisation-of-the-economy-global-anti-base-erosion-model-rules-pillar-two.…