Deferred Tax
Discussion List
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Entering data at Tax_Input MemberSummary: On the face of the out of the box webforms, entering tax affected data is not allowed. However, If we enter data at Tax_Input Member in TRCS against the Tax Acc… -
Interim ProvisionSummary Hi, Is there is no separate package of interim provision for national and regional ?Content Hi, Is there is no separate package of interim provision for national…Harpreet Singh Arora 41 views 1 comment 1 point Most recent by Ken Kramer-Oracle Tax Reporting (Direct Tax) -
Tax credits tax effected in deferred taxSummary Do not want opening or tax credits tax effected in deferred taxContent The opening balance in the temporary difference form for tax credits in correct on the tem…
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EPM – Tax Reporting: Tax Payable Automation Demo and Deep Dive, 22 April 2021, 8 a.m. PT - Submit QuContent Submit your questions for the EPM – Tax Reporting: Tax Payable Automation Demo and Deep Dive session to have them answered during the live event. Post your quest…Al Marciante-Oracle 31 views 0 comments 1 point Most recent by Al Marciante-Oracle Tax Reporting (Direct Tax) -
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… -
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…TarunG-Oracle 29 views 3 comments 0 points Most recent by Ken Kramer-Oracle Tax Reporting (Direct Tax)
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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…TarunG-Oracle 41 views 1 comment 0 points Most recent by Ken Kramer-Oracle Tax Reporting (Direct Tax)
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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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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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What is the best way to calculate Balancing Allowance or Balancing Charge (i.e. Net book value of asSummary What is the best way to calculate Balancing Allowance or Balancing Charge (i.e. Net book value of asset (TWDV) less Sales proceeds) in TRCSContent Hi, I would li…Pradeep Kumar-230381 43 views 2 comments 0 points Most recent by Pradeep Kumar-230381 Tax Reporting (Direct Tax)
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Can TRCS provide a version control of the provisions made to enable comparisonsSummary Can TRCS provide a version control of the provisions made to enable comparisonsContent Hi, I would like to check if we can use any version control to do the comp…Pradeep Kumar-230381 29 views 1 comment 0 points Most recent by TarunG-Oracle Tax Reporting (Direct Tax)
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Non current assets/liabilities overstatedSummary Deferred tax closing asset liability spitContent I have noticed a problem with Parent legal( with 2 or more children) deferred tax. The closing balance is correc…
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Deferred Tax overridesSummary Can not change tax rate on deferred creditsContent I am migrating HTP to TRCS. I have tax credits input to the tax credit forms that flow to the temporary differ…
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Unable to un-deploy the SDM template post renaming the Entity dimension nameSummary Unable to un-deploy the SDM template post renaming the Entity dimension nameContent Hi, I have renamed the Entity dimension name from JPPL to ENT_01. Post refres…Pradeep Kumar-230381 24 views 2 comments 0 points Most recent by Pradeep Kumar-230381 Tax Reporting (Direct Tax)
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Submitting the opening balance of DTA and DTL Accounts for Annual rolloverSummary Submitting the opening balance of DTA and DTL Accounts for Annual rolloverContent Hi Experts,In current set up of our TRCS application we are calculating both DT…
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Deferred tax formSummary Classification of assets vs liabilitiesContent I have the ATA setting on ST Temp accounts, It seem to work, but if there is some fractional amount in the balance…
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How do I achieve Tax Rate % (ETR) and Consolidated Effective Tax Rate % (CETR)Summary I would like to achieve ETR and CETR data in the respective formsContent For the Tax Rate %, I have the following: (A) Profit Before Tax = $29,965,595 (B) Corpor…Pradeep Kumar-230381 43 views 1 comment 0 points Most recent by Xaviro Jokhoe-62628 Tax Reporting (Direct Tax)
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Deferred TaxSummary Cannot get deferred tax to populate correctly.Content * The opening balances in deferred tax for the first start year needs to be populated. How do you do this? …
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Retrieving Capital Allowance (CA) amounts in TRCS based on multiple CA rate categorizationSummary As per Singapore tax regulations, companies can claim the wear & tear allowances for the qualified fixed assets, based on different CA rates (33 1/3% over 3 year…Pradeep Kumar-230381 27 views 1 comment 0 points Most recent by Ken Kramer-Oracle Tax Reporting (Direct Tax)
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Net Benefit of Region CalculationSummary NBR Calculation Included on State instead of FederalContent Is there a way to have the NBR(Net Benefit of Region) not be calculated on the federal side and inclu…Matthew Gregory-137392 57 views 5 comments 0 points Most recent by Ken Kramer-Oracle Tax Reporting (Direct Tax)
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Working with Tax LossesSummary Working with Tax LossesContent Any tips or suggestions for set up and working with tax losses? Ideally we could use Tax Automation to apply carry forward losses …Liz Leerson 30 views 2 comments 0 points Most recent by Yuting Deng-145358 Tax Reporting (Direct Tax)
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Capital Allowances - Tax Asset bookSummary How to setup Capital Allowance model in TRCSContent Both my clients rely heavily on maintaining a tax asset book for calculating the specific capital allowance b…User_2025-02-05-23-45-21-053 104 views 3 comments 1 point Most recent by Ian Bacon-197800 Tax Reporting (Direct Tax) -
New Idea Lab for Tax Reporting CloudSummary Announcing Idea Lab for Tax Reporting CloudContent We are pleased to announce the launch of the Idea Lab for Tax Reporting (TRCS). Here, you can share enhancemen… -
Jurisdictional NettingSummary Jurisdictional Netting with Account by Account Classification EnabledContent While assessing requirements for a project, we came across a feature (Jurisdictional…Peter Gonter 40 views 5 comments 0 points Most recent by Denitza Krasteva-Oracle Tax Reporting (Direct Tax)
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One Entity - Multiple Tax RatesSummary 2 Tax rates for a single entityContent Hi We currently have an entity if our structure that requires the ability to cater for 2 tax rates to calculate deferred t…
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Regional NOL workpapers create NBR on federalSummary Regional NOL workpapers create NBR on federalContent We updated the new NOL workpapers for one entity in one state. The process we followed created an additional…User_2025-02-01-07-20-33-829 26 views 3 comments 0 points Most recent by Julien C Tax Reporting (Direct Tax)
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See What's New in Oracle Tax Reporting Cloud for 19.06Summary Read about the new features in the What's New document for Oracle Tax Reporting Cloud Release 19.06Content The following features are available for Tax Reporting…
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Tax Reporting Cloud Service Hands-On Workshop (Live-Virtual-Class), November 22-23Summary APAC timezone - Tax Reporting Cloud Service Hands-On Workshop (Live-Virtual-Class), November 22-23Content 1.5-Day Deep Dive, Hands-on Partner Training for Tax Re…Michel Schoolenaar-Oracle 36 views 1 comment 2 points Most recent by User_2025-01-31-00-23-21-108 Tax Reporting (Direct Tax) -
Tax Reporting Cloud Service Hands-On Workshop (Live-Virtual-Class), October 16-17Summary Tax Reporting Cloud Service Hands-On Workshop (Live-Virtual-Class), October 16-17Content Register here.Denitza Krasteva-Oracle 34 views 3 comments 3 points Most recent by User_2025-01-31-00-23-21-108 Tax Reporting (Direct Tax)