Tax Provision
Discussion List
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CBCR XML in TRCSSummary: Hi Team, we have recently enabled the CBCR in TRCS, we enable this after an year of TRCS implementation. Business is looking for the XML report generation. we d…Sai Ganesula 32 views 2 comments 0 points Most recent by Al Marciante-Oracle Tax Reporting (Direct Tax) -
Pillar 2 Covered Tax CalculationSummary: Hi, I have below 2 calculations for covered tax. Current tax is 21% and Pillar 2 tax 15%. In calculation# 1 - deferred tax at 21% is added back to current tax a…
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Pillar Two AutomationSummary: Pillar Two Automation After enabling Pillar Two feature on the Navigation Tool Do we a specific Cluster card or Tab for "Pillar Two" on the homepage page simila… -
Convert from Thomson Reuters Onesource to TRCSI am in the very early phase of discovery to potentially implement the Tax module in EPM. A couple years (more than 5 now) we implemented Onesource (Thomson Reuters). I …Brian Hargreaves 32 views 2 comments 0 points Most recent by Brian Hargreaves Tax Reporting (Direct Tax)
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NOL automation to offset loss between entities in same groupSummary: Content (required): Hi, We have the following two queries with respect to NOL automations. Example Entity Hierarchy – E0 (Parent) E1 (Child) E2 (Child) E3 (Chil…
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TRCS_Originination Years - How to show actual year vs CurrentYear - (1,2,3,4,etc)Summary: In the reports section of the application we would like to show the actual year in comparison to the origination account instead in the report it is populating …
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Interim ProvisionSummary: Compute a separate state AETR to book Regional expense and payable separate from National. Content (required): Currently we forecast provisions for Interim usin…Matthew Gregory-137392 32 views 1 comment 0 points Most recent by Ken Kramer-Oracle Tax Reporting (Direct Tax)
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Enhanced Annualized Estimated Effective Tax Rate - July UpdateSummary: Would like to gain clarity on the TRCS July Update "Automate the AEETR from any Scenario in any target Scenario by selecting:" Content (required): Is there an o…James Duignan 62 views 4 comments 0 points Most recent by Ken Kramer-Oracle Tax Reporting (Direct Tax)
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Oracle Tax Cloud - Bringing Tax & Finance TogetherSummary Oracle Tax Reporting Cloud can help you to meet increasingly complicated global tax reporting requirementsContent Globalization equals tax authorities fighting f…Susan Attar 67 views 2 comments 2 points Most recent by Ken Kramer-Oracle Tax Reporting (Direct Tax)
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What's New in Oracle Cloud EPM Release 23.08Summary: Learn about what's new in Oracle Cloud EPM Release 23.08. Content (required): Please refer to the August 2023 What’s New guide to understand the new features in…Laura Ferris-Oracle 22 views 0 comments 0 points Started by Laura Ferris-Oracle Tax Reporting (Direct Tax) -
If someone wants an Automated set-off for UK Fiscal Loss Relief in TRCS, How this can be achieved?Summary:Fiscal Tax Losses - UK Content (required): We are working for a client, wherein they want to understand if there is a possibility to automate sharing of losses a…Shreya.s.Jain-Oracle 31 views 1 comment 0 points Most recent by Bjoern Schumacher Tax Reporting (Direct Tax)
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Can TRCS calculate tax by slabs ?Summary: We are implementing Tax for one client and they have requirement to calculate direct tax by slabs. Does TRCS have the functionality to calculate tax by slabs? C…
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Can we automise the set off of tax losses upto 75% of taxable income ?Summary: Tax losses allowed to be carried forward indefinitely however they can be set off only to the extent of 75% of taxable income of a positive taxable income year.…
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How to automate tax provision in TRCS ?Summary: we have uploaded Trial balance data and defined automation rules. Forms for provision and trial balance have correct dimensions. Tax rates are defined. Even aft…
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GL Integration with Oracle Tax ReportingSummary: Can Oracle GL Integration be done with Oracle TRCS using Data Management. Also, can the GL data be pulled in real time or upon a refersh? Content (required): Ve…
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Has anyone tried an integration between Oracle Fixed Assets module to TRCS?Summary: Has anyone successfully done an integration (by Data Management) b/w Oracle FA to TRCS. I am trying to do it through a flat file by setting a connection as Data…
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Using DM Extract YTD data from EPBCS to load into Periods 3, 6 and 9Summary: Content (required): I have read how to pull YTD data from FCCS and was able to apply the same logic to pull YTD data from EPBCS and push the data into TRCS for …
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What's New in Oracle Cloud EPM Release 23.05Summary: Learn about what's new in Oracle Cloud EPM Release 23.05. Content (required): Please refer to the May 2023 What’s New guide to understand the new features inclu…Laura Ferris-Oracle 42 views 0 comments 0 points Started by Laura Ferris-Oracle Tax Reporting (Direct Tax)
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Tax Provision computation by Entity GroupsSummary: Hi, We have 90 entities in TRCS and all entities are part of single jurisdiction. The client requirement is that they doesn't want to calculate the provision by…
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What's New in Oracle Cloud EPM Release 23.04Summary: Learn about what's new in Oracle Cloud EPM Release 23.04. Content (required): Please refer to the April 2023 What’s New guide to understand the new features inc…Laura Ferris-Oracle 42 views 0 comments 0 points Started by Laura Ferris-Oracle Tax Reporting (Direct Tax)
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Join the May 3rd Webcast on Global Tax Reform: Integrating Tax and Finance Close and Tax Reporting CSummary Thursday, May 3, 2018 from 2:00 pm - 3:00 pm ETContent The recent regulatory changes to the corporate Global Tax Landscape have been the most prolific seen for m…Susan Attar 58 views 2 comments 0 points Most recent by Ken Kramer-Oracle Tax Reporting (Direct Tax)
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Experience with booking TAR difference back to ERPContent Hi all, I would like to ask you to share your experiences around pushing EPM Tax Reporting book difference (in the TAR) back to any Oracle ERP system. It seems t…Xaviro Jokhoe-62628 52 views 1 comment 0 points Most recent by Ken Kramer-Oracle Tax Reporting (Direct Tax) -
NIBT Fx Rate Form Not PopulatingSummary: Attempting to activate the NIBT Fx Rate Override - WAR Deprecated form, but it is showing only as read-only and not allowing the inputs of amounts to compute th…
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Tax Automation Rules Best Practices - Global vs Domicile vs EntitySummary: I am trying to figure out the process for setting up TRCS to accommodate tax automation rules for a new region / domicile. Content (required): Newer to TRCS and…Brian Robinson 72 views 1 comment 0 points Most recent by Ken Kramer-Oracle Tax Reporting (Direct Tax)
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Can you change tax automation prior year rule default period from P12 to P13 RTA?Summary: Would like to utilize P13 as prior year for tax automation rule instead of P12. For example, Q1 and Q2 provision will leverage prior year P12 for a tax adjustme…
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What's New in Oracle Cloud EPM Release 23.03Summary: Learn about what's new in Oracle Cloud EPM Release 23.03. Content (required): Please refer to the March 2023 What’s New guide to understand the new features inc…Laura Ferris-Oracle 112 views 0 comments 0 points Started by Laura Ferris-Oracle Tax Reporting (Direct Tax)
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What's New in Oracle Cloud EPM Release 23.02Summary: Learn about what's new in Oracle Cloud EPM Release 23.02. Content (required): Please refer to the February 2023 What’s New guide to understand the new features …Laura Ferris-Oracle 62 views 0 comments 0 points Started by Laura Ferris-Oracle Tax Reporting (Direct Tax)
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Can we do Income Tax Compliances, tax risk management and cross border withholdings in TRCS?Summary: Can we do Income Tax Compliances, tax risk management and cross border withholdings in TRCS? Content (required):Can we do Income Tax Compliances, tax risk manag…Harpreet Singh Arora 71 views 1 comment 1 point Most recent by Ken Kramer-Oracle Tax Reporting (Direct Tax) -
Can TRCS also handle VAT, SAF-T, Intrastat Reporting and Transfer Pricing?Summary: Can TRCS also handle VAT, SAF-T, Intrastat Reporting and Transfer Pricing? Content (required): Can TRCS also handle VAT, SAF-T, Intrastat Reporting and Transfer…Harpreet Singh Arora 92 views 2 comments 0 points Most recent by Harpreet Singh Arora Tax Reporting (Direct Tax)
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CBCR QueriesHello, Can someone help me with CBCR below mentioned queries? Can we create alternate entity hierarchy for CBCR purpose in TRCS? Do we need to load from Data Management …Harpreet Singh Arora 23 views 4 comments 0 points Most recent by Harpreet Singh Arora Tax Reporting (Direct Tax)