Tax Reporting

Get Involved. Join the Conversation.

Topic

    Stephanie Talbot
    Intercompany calculation issue in TRCS
    Topic posted August 12, 2019 by Stephanie TalbotRed Ribbon: 250+ Points 
    53 Views
    Title:
    Intercompany calculation issue in TRCS
    Summary:
    TRCS doesn’t allow us to load our FCCS elimination calculation in it.
    Content:

    Hello,

    We are currently implementing TRCS and we notice the application doesn’t allow us to load our FCCS elimination calculation in it. Therefore, when comparing our consolidated entities from FCCS vs TRCS they don’t balance, and our Tax adjustments don’t include the elimination therefore our consolidated ETR are incorrect.

    We’ve opened an SR regarding this but no fix available (only manual work-around).

    Unfortunately, this issue is a show stopper for our implementation. Does other TRCS customers faced the same issue?

    Thank you,

    Stephanie