2 New video tutorials for Tax Reporting are now available
SummaryNew videos on Country by Country Reporting
We are pleased to announce the availability of the following new video tutorials:
The new Country by Country Reporting (CbCR) requirement was likely a significant effort for most companies. This video tutorial demonstrates how to set up Country by Country Reporting in Tax Reporting Cloud. You learn how to enable the feature, create a connection to EPRCS, and how to assign CbCR Attribute Values to your book and tax accounts.
Large multinationals have to provide an annual return, the CbC report, that breaks down key elements of the financial statements by jurisdiction. This video tutorial demonstrates how to create a Country by Country Report (CbCR) in Tax Reporting Cloud. You learn how to enter and consolidate CbCR data and how to translate entities to a reporting currency. You also learn how to publish and download the report in XML.