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Tax Reporting (Direct Tax)
Discussion List
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Can the CbCR override FX form be used with an application that is set to periodic translation?Summary: Can the CbCR override FX form be used with an application that is set to periodic translation? Content (please ensure you mask any confidential information): Or… -
Supplemental Data- Error in Year Dimenion on posting data from SDMSummary: Jobs- showing error on posting data from Supplemental data to TRCS application- 'Invalid Dimensions Specified The member 2023 does not exist for the specified c…
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Although the accounts are loaded in Data Management, we are unable to see any amounts in Smart ViewHello, We are currently experiencing an issue in the TRCS environment. Although the accounts are loaded in Data Management, we are unable to see any amounts in Smart Vie…
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Pillar 2 QueriesSummary: Couple of queries re Pillar 2 presentation in TRCS Content (please ensure you mask any confidential information): Got a couple of queries re Pillar 2 presentati…
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(Resolved) Triplicate data when performing a YTD data import from FCCS to TRCS via Data ExchangeSummary: When running a data integration from FCCS to TRCS. Data was first coming through on a periodic basis. Based on the administration of data integration guidance I…
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NIBT Override in Pillar 2 with Pillar 2 currencySummary: Hi Ken & Team, We load P12 Data on a YTD basis (Rather than 1-12 periodically) and use an NIBT override to override NIBT & Book accounts to get correct NIBT / P…
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Parent Automation In Pillar Two for GloBE income / Covered Tax adjustmentsSummary: Hi Ken & team, the admin guide for Pillar Two says parent tax calculations work in the pillar two flow. We currently use parent tax calcs to automate / calculat…
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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 …
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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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TRCS Automation generated for non-active RegionsSummary: We are updating active region flag for the entity in the Tax Rate form. However, during our review of region-level calculations at the combined level, we observ… -
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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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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Custom DimensionHow many members can you have under custom dimension in TRC?
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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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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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Deferred Tax Form Opening Balance not Populating form Temp Diff FormSummary: Deferred Tax Form Opening Balance as adjusted is blank. CY Total is correct. We are continuing to implement additional Jurisdictions for provisioning. Because s…
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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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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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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 … -
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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GloBE Information Return TimingSummary: GloBE Information Return Timing Content (please ensure you mask any confidential information): Good work so far on Pillar Two. Are you able to provide guidance …
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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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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… -
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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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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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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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…