Tax Provision
Discussion List
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TRCS CbCR - Entity Structure - Sale of EntitiesSummary: If any entities from Entity CoA in TRCS has been sold off, then how that needs to be handled in TRCS for CbCR specifically. Content (please ensure you mask any …Preeti Sachdeva-Oracle 5 views 4 comments 0 points Most recent by Malcolm P Tax Reporting (Direct Tax) -
Our client is asking for calculating the apportionment rates within the TRCS application?Summary: Our client is asking for calculating the apportionment rates within the TRCS application for State level apportionment, they have operations in multiple states … -
How to set Progressive Tax Rate in TRCS?Summary: For a client we want to calculate Taxes based on the defined tax rate brackets with corresponding limits in entity currency. Example- 0 % for taxable income up …
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Romanian Language Translation Requirement for SAF-T Seeded ReportSummary: Hi Team, We have requirement to have certain fields in Romanian language in Standard SAF-T report. Language pack is already enabled in our instance. Please let …
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TRCSSummary: In the Current Provision Form it is observed that when expanding the account member, instead of expanding downward like in dimensions hierarchy, this is expandi…Samhitha Dantala-Oracle 11 views 0 comments 0 points Started by Samhitha Dantala-Oracle Tax Reporting (Direct Tax)
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List of Past Tax Reporting Webcasts and links to Replay and DeckSummary List of Past Tax Reporting Webcasts and links to Replay and Deck Content List of Webcasts and Links: EPM - Tax Reporting Update Dec 2024 - Pillar Two Enhancement…Ken Kramer-Oracle 1.8K views 19 comments 6 points Most recent by AS2870-Oracle Tax Reporting (Direct Tax)
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What is the procedure to Set up NCI and how TRCS_NIBT aggregates to POwn?While consolidating the entities, I found that the subsidiary entities TRCS_NIBT Adjusted account is aggregated to parent at Percentage Consolidation (PCON) instead of P…
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can we push back journal amt for current and deferred tax provisions created through TAR AutomationSummary: can we push back journal amounts for current and deferred tax provisions created through TAR Automation back to Oracle Fusion ERP as a Journal or as Data via Da…
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Generating Journal or related data from TRCS using SmartviewSummary Can we generate any data from smartview related to Journal entryContent Hi everyone, I am aware of it that we cannot record journal entry in TRCS but if we want …Harpreet Singh Arora 69 views 6 comments 0 points Most recent by _Sanjay_ Tax Reporting (Direct Tax) -
Power Users unable to update NOL ruleSummary:Power Users unable to update NOL rule, When the same NOL changes are done by Admin we can see the calulcations changed after running consoldate and translate. Co…Vaishali Ladha 14 views 1 comment 0 points Most recent by Ken Kramer-Oracle Tax Reporting (Direct Tax)
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How Do I Export Line Item Details from Current Provision?Summary: I need to be able to export the breakdown of figures on the Current Provision within the Line Item Details function. Is there a way to export these in bulk usin…
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Disabling Accounts/Entities in TRCSHello Is there a way to disable an account or an entity in TRCS if the same is disabled in Oracle Fusion? Currently, I do not see such an option in TRCS but just wanted … -
Can we enter adjustments directly at Parent currency or Reporting Currency through any way in TRCS?we have a requirement where client wants to directly enter adjustments for Interim provisioning at reporting currency or at parent currency instead of entity currency fo…Harpreet Singh Arora 34 views 3 comments 0 points Most recent by Ken Kramer-Oracle Tax Reporting (Direct Tax)
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No TAR Automation defined for TRCS_TLCOwnCY but data is reflecting under TAR FormSummary: A small $ amount is reflecting under a Parent Entity in the TAR Form for an Income Tax Payable Account for TRCS_TLCOwnCY (Ownership - Current Year) Movement and…RitanshuBarik 13 views 3 comments 0 points Most recent by Denitza Krasteva-Oracle Tax Reporting (Direct Tax)
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Is there a way to make inputs in reporting currency for Current Provision and Temp Diff?Is there a way to make inputs in reporting currency for Current Provision and Temp Diff? Like I want to enter some sort of override or manual adjustment, but only in the…Kai-Hsu 16 views 2 comments 0 points Most recent by Denitza Krasteva-Oracle Tax Reporting (Direct Tax)
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Translation for Balance sheet accountsHi, In my application, Balance sheet accounts are getting translated at Average rates like Income Statement hierarchy instead of an ending rates. I got to know that we n…Harpreet Singh Arora 27 views 3 comments 0 points Most recent by Denitza Krasteva-Oracle Tax Reporting (Direct Tax)
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FX Global Account Rate Override not workingI created two FX account rate override accounts in dimension, playing around and hoping one of them would work. But not sure what I am doing incorrect, neither would pop…Kai-Hsu 40 views 10 comments 0 points Most recent by Denitza Krasteva-Oracle Tax Reporting (Direct Tax)
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RTA disappearing in Deferred Tax FormMy Temp diff and NOLs have amounts under RTA in the Temporary Differences form, however, when I run the Deferred Tax form they disappeared and show up only on the Impact…
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Net Benefit of Region not calculating on Deferred TaxSummary: My Net Benefit of Region column not calculating anything on the National Deferred Tax form. How do I configure this correctly? I don't see anything related to t…
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Plan to Remove Users Administration and Groups Administration from Audit ReportsWith respect to your Plan to Remove Users Administration and Groups Administration from Audit Reports we have the following questions, as they are currently used for Ard…
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Entity Total is not accurately populated in TAR formI have six US entities rolling up to a US parent. All current year and deferred activities are booked in the children entities, except for NOLs and VAs are recorded at t…
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Regional Tax for US Domicile CFCs present in a different JurisdictionHi All, We have a case where, we have one CFC for US Domicile, which is having the domicile as Bermuda. Since the CFC Entity has Bermuda as the domicile, US regions are …Ayan Anchalia-Oracle 21 views 1 comment 0 points Most recent by Ken Kramer-Oracle Tax Reporting (Direct Tax)
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Deferred Tax Regional Not PopulatingTrying to make sure my regional reports are tying out, but noticing my Deferred Tax Regional won't populate even after Consolidation. I have data showing in Temporary Di…
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Recommended Approach to Data Pull if Primary Ledgers & Secondary Ledgers are in Different CurrenciesSummary: In our current set-up we are pulling Primary Ledger data in functional currency for all countries using standard PBCS data integration (into No Multi GAAP dimen…
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NOL acquisition adjustment on the Tax loss form is flowing as a deferred only adjustment on the tempSummary: The Adjustments on the TRCS_TLCAcquisition - Other Balance sheet adjustments of the NOL are flowing to the TRCS_Othersys - Other Adjustments - Automated (Deferr…Mehandi Ali Nandoliya 11 views 2 comments 0 points Most recent by Mehandi Ali Nandoliya Tax Reporting (Direct Tax)
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Is there a way to add Valuation Allowance to RTA form?My current RTA form looks like above, is there a way to add my Pretax VAs to RTA form as well? Essentially, I want my VA RTA to populate on the Temporary RTA column.
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Valuation Allowance Balance not flowing from Temp Diff National Form to Temp Diff Regional FormSummary: Valuation Allowance - Tax Losses balances incorporated in Temporary Difference National Form is not flowing to the Temporary Difference Regional Form. Account a…RitanshuBarik 11 views 1 comment 0 points Most recent by Ken Kramer-Oracle Tax Reporting (Direct Tax)
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RTA doesn't get post to Deferreds and Temporary Difference FormI have inputted PY Provision to FY22 P12 and PY Return info to FY22 RTA. Also, entered current and deferred tax rates to FY22 P12 and RTA. RTA form populates and looks c…
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Regional Current Provision not calculatingSummary: My National Current Provision appears to be configured correctly with data coming through automated column, etc. When I flip to the Regional Provision, nothing …
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TRCS - Current Provision Form not functioning correctlyHi, I have three TRCS Current Provision Form related questions. First, when I go to Current Provision Form, and enter something in Entity Currency to the Adjustment colu…