Tax Provision
Discussion List
-
TRCS Tax Automation Source Account DropdownSummary: We noticed that the TRCS Tax Automation Source Account SmartList is automatically generated based on the "Description" member property in Account metadata. For …User_V3tx 61 views 4 comments 0 points Most recent by Denitza Krasteva-Oracle Tax Reporting (Direct Tax) -
TRCS CbCR- Entity Structure - One Entity in One JurisdictionSummary: If there is one entity only that is tagged to one Jurisdiction and that entity now has been sold. How to keep that entity for previous years data in TRCS as CbC…Preeti Sachdeva-Oracle 11 views 3 comments 0 points Most recent by Ken Kramer-Oracle Tax Reporting (Direct Tax)
-
Set up power query via ODBC for TRCSSummary: We need help to connect TRCS database via ODBC Please share with any reference documentation. Content (please ensure you mask any confidential information): Ver…Ashish Patil 11 views 3 comments 0 points Most recent by Ken Kramer-Oracle Tax Reporting (Direct Tax)
-
RTA automation in interim periodsIs there any recommended approach or solution for automating RTAs for interim reporting. Per the below, we would be looking to populate the RTA discrete line with the ou…
-
Legal reporting unit for payables InvoicesIn the context of India- We have one legal entity, 1 Legal reporting unit currently but now business needs to add new locations (ship to locations). Since each location …Koka Venkatesh 1 view 1 comment 0 points Most recent by Rasheed - Fusion Support Engineer-Oracle Tax & Global
-
Reconciliation between GST portal (GSTR-2B) and System generated GST report on Oracle Fusion Tax?Summary: How to do Reconciliation between GST portal (GSTR-2B) and System generated GST report on Oracle Fusion Tax? Content (please ensure you mask any confidential inf…Yasmin94 1 view 1 comment 0 points Most recent by Rasheed - Fusion Support Engineer-Oracle Tax & Global
-
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 1 view 3 comments 0 points Most recent by Ken Kramer-Oracle Tax Reporting (Direct Tax)
-
See What's New in Oracle Tax Reporting Cloud for 18.06Summary Read about the new features in the What's New document for Oracle Tax Reporting Cloud, Release 18.06.Content Among the new features for this release, a new Tax P…Susan Attar 27 views 3 comments 0 points Most recent by Denitza Krasteva-Oracle Tax Reporting (Direct Tax)
-
International Taxation under Oracle EPM’s Tax Reporting Cloud ServicesSummary: Calculating tax for companies that operate from multiple countries and undergo taxing from the country it is located and the country where it is headquartered. …Suseendar R 31 views 3 comments 0 points Most recent by Ken Kramer-Oracle Tax Reporting (Direct Tax)
-
TRCS Journals creating variance due to roundingContent TRCS journal shows a variance due to the rounding rules. Can anyone help how to resolve this variance problem. In fact the journals are balanced. It is just that…Vishnuvardhan Reddy-269056 45 views 10 comments 0 points Most recent by Denitza Krasteva-Oracle Tax Reporting (Direct Tax) -
Potential 22.03 regressionSummary: If you encounter the following error during Consolidate or Force Consolidate on your 22.03 TRC instance please review the steps below to apply a workaround. Bat…Denitza Krasteva-Oracle 31 views 2 comments 0 points Most recent by Denitza Krasteva-Oracle Tax Reporting (Direct Tax) -
Details needed on Account ID column in SAFT report "Generate SAF-T Data Extract"Oracle Standard report ""Generate SAF-T Data Extract" We find the column Account ID populated for certain customers and not for certain customers. (Reference screenshot …
-
Oracle Fusion - VAT Report for Italy using secondary ledgerWe are having the following setup for Italy entities: 1. One Primary ledger (functional currency EUR) 2. One Secondary ledger (functional currency EUR) 3. Three Entities…Jack Cheung 11 views 2 comments 0 points Most recent by Rasheed - Fusion Support Engineer-Oracle Tax & Global
-
Why TRCS Sample application does not have Pillar2 package data and its setup?I need sample data in Pillar2 package and in Safe Harbor Overview. I have created sample application but missing these details. Is there anything to get the data in Pill…Harpreet Singh Arora 41 views 3 comments 0 points Most recent by Sanjana Soni Tax Reporting (Direct Tax) -
Bulk Addition/Deletion of TA Rules in TRCSHello All, Please advise if there is any way to add or delete Tax Automation rules in bulk as currently adding or deleting a rule can be done one by one only. If no, is …RitanshuBarik 11 views 1 comment 0 points Most recent by Denitza Krasteva-Oracle Tax Reporting (Direct Tax) -
Interim Reporting - AETR at the jurisdictional parent levelFor interim reporting purposes, is there a way to apply a jurisdictional AETR at the jurisdictional level (achieved through an alternate entity hierarchy) in actuals? Th…
-
Facing error while consolidating at parent levelSummary: Hi, I am facing an error while consolidating at all parent level. Content (please ensure you mask any confidential information): The consolidation is not happen…Mandira-Oracle 21 views 3 comments 0 points Most recent by Ken Kramer-Oracle Tax Reporting (Direct Tax)
-
Valuation Alllowance Rules, NOL Limitation Rules, 2 National Tax RatesSummary: Is it possible to configure a "Valuation Allowance Rule" for entities in recurring loss situation? Is it possible to configure jurisdiction specific "NOL limita…Harpreet Singh Arora 21 views 2 comments 0 points Most recent by Ken Kramer-Oracle Tax Reporting (Direct Tax)
-
Does transfer of losses using Group relief form have an impact on the ETR computation?Summary: We have configured the Group Loss relief form and the respective dimensions in the application as per the approach provided. Based on the current approach, the …Shreya.s.Jain-Oracle 21 views 1 comment 0 points Most recent by Ken Kramer-Oracle Tax Reporting (Direct Tax)
-
TRCS to FCCS Automatic Tax journal integration using Enterprise journalsSummary: Hi Team, Kindly help us with the approximate release month for the functionality of TRCS to FCCS Automatic Tax journal integration using Enterprise journals. Th…mraghav93 31 views 1 comment 0 points Most recent by Jessica Downes-Oracle Tax Reporting (Direct Tax)
-
How to create elimination companySummary: How to set up elimination company in hierarchy Content (please ensure you mask any confidential information): Have an entity which is reported in both the US an…
-
Does Tax reporting support only Direct Tax and not Indirect TaxSummary: Does Tax reporting support only Direct Tax and not Indirect Tax. In Saudi we have taxes like Income Tax, ZAKAT, Severance fees, Withhold Tax, Deferred Tax and V…
-
In Tax Reporting can we create or manage tax ledger on fixed asset as per tax law and accounting depSummary: In Tax Reporting can we create or manage tax ledger on fixed asset as per tax law, we know depreciation is calculated on the basis of accounting depreciation an…
-
Does Tax reporting helps in Double Taxation part and Transfer pricing.Summary: Does Tax reporting helps in Double Taxation part and Transfer pricing.
-
In Tax Reporting can we create a form or template for issuing certificate to vendor for Withhold TaxSummary: In TRCS-(Tax Reporting Cloud Services), can we create a form or template for issuing certificates to vendors for Withhold Tax paid and its respective details. F…
-
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 …
-
Power Users unable to update Tax Automation Domicile RulesSummary: Has anyone else run into this issue? As a Power User, you have access to create tax automations, however for Tax Automation - Domicile Rules, once you save the …Bruce Truong-235790 121 views 10 comments 1 point Most recent by RitanshuBarik Tax Reporting (Direct Tax)
-
Is there a way to exclude an entity from CbCR reporting but have it included in Tax Automation?Summary: Consolidation adjustment entities with data coming from FCCS should be in Tax Provision but not in CbCR Content (please ensure you mask any confidential informa…Bulent Yildiz 51 views 7 comments 1 point Most recent by Ken Kramer-Oracle Tax Reporting (Direct Tax) -
Copy Entity data from one period to anotherSummary: It is required to copy Consolidated data for ultimate parent company to another Standalone entity to support Tax computation at Group level. Content (please ens… -
Navigation Flow - New Card in a Custom Cluster Not visible for all usersSummary: We have created a new card under a custom navigation flow cluster to include a new area for our users to easily access reports. We have had this Tax Provision c…