Can we perform Consolidation (ICP, NCI, reclassifications,etc.) in Tax Reporting — Cloud Customer Connect
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Can we perform Consolidation (ICP, NCI, reclassifications,etc.) in Tax Reporting

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Summary:

Ability to perform complicated consolidations for the subgroupings done in TRCS.

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There are more than 200 Legal entities and the TB level data is lying in multiple non-oracle source systems, Customer wants to consolidate data as per Tax requirements and not as per Statutory reporting requirements which can be performed in EPM Consolidation module. Can we perform Intercompany eliminations, ownership management, Non-Controlling interest calculation and pass adjustment journals after tax calculations using TRCS.


Here, we also need to understand how to perform consolidation as per the ownership structure and consolidate as per the Tax grouping and sub grouping

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