Posts

Posts

  • Tarun Gulati
    Intercompany eliminations5
    Topic posted October 11, 2019 by Tarun GulatiBronze Medal: 1,250+ Points, tagged Current Tax, Tax Provision in Enterprise Performance Mgmt > Tax Reporting public
    Title:
    Intercompany eliminations
    Summary:
    How to map the Intercompany transactions in system to enable the elimination
    Content:

    In TRCS, how should we map the intercompany transactions to ensure that the transactions are eliminated while computing the tax of parent entity.

     

    The present structure is Group ABC has, three entities A, B and C. A has transaction with B & C. So while computing the tax for Group ABC we would like to ensure that inter-company transactions are eliminated.

  • Stefanie Rosenberg
    Announcing a New Tour Video for EPM Cloud
    Topic posted June 17, 2019 by Stefanie RosenbergRed Ribbon: 250+ Points, tagged Country by Country, Current Tax, Supplemental Data, Task Manager, Tax Account Rollforward in Enterprise Performance Mgmt > Tax Reporting public
    Title:
    Announcing a New Tour Video for EPM Cloud
    Summary:
    A Tour of EPM Cloud and a Tour of Tax Reporting.
    Content:

    Overview: Tour of EPM Cloud

    Need a world-class EPM Cloud solution? Don’t settle for a partial, configuration-heavy solution that will clunk your business along, data silo by silo, process by disjointed process. Oracle EPM Cloud provides agile, connected, and purpose-built solutions to give you the insight you need to outpace change. #EPMCloud

    Available on the EPM Cloud Playlist

    Overview: Tour of Tax Reporting

    Hey Controllers and CAOs! Wan in a strong tax compliance framework that aligns tax reporting with corporate financial reporting for full transparency and accountability? Let Oracle EPM Cloud – the industry’s most complete and agile EPM solution – simplify and optimize your tax – related activities with and end tax solution featuring tax automation, data collection, tax provision calculation,  and integration with tax compliance software. #EPMCloud

    All EPM Videos are on YouTube.

    Image:
  • Matthew Gregory
    Rollover Tax Rates35.0
    Topic posted March 5, 2019 by Matthew GregoryRed Ribbon: 250+ Points, tagged Administration, Current Tax, Tax Provision in Enterprise Performance Mgmt > Tax Reporting public
    Title:
    Rollover Tax Rates
    Summary:
    How to Rollover Prior Year Current Tax Rate & Opening Deferred Rate
    Content:

    Hello,

    Is there a way to rollover the rates from FY17 P12 to get them to populate as the Prior Year rates and opening rates in FY18 P12?  I do not want to use the Rollover feature as my rates are all final already for all my other 80 entities, I just need to rollover the one entity. I rolled from FY17 P12 to FY18 P01, and the Opening rates are there, however they do not show up for P12, just P01. I needed to add a new entity after I finalized the FY18 P12 provision just to break some items out of another entity. I do not want to mess up the other rates. 

  • Paul Ericson
    Regional Deduction45.0
    Topic posted February 26, 2019 by Paul Ericson, tagged Current Tax, Tax Provision in Enterprise Performance Mgmt > Tax Reporting public
    Title:
    Regional Deduction
    Summary:
    Unable to get Regional Deduction to flow to Current National Provision.
    Content:

    The client opted to employ the “standard” TRCS methodology to treat the Regional Tax Expense as deductible on the National provision in the current period. We’ve enabled the “RDeduct” attribute in all US base entities to allow for the above but we are unable to see any regional tax expense flow to the national current provision (expected on the Regional Income taxes line). The TRCS Admin guide references the “RDeduct” field but doesn’t offer much more in terms of guidance. We have enabled RDeduct as a member attribute in the Entity dimension. 

    Do you have insight into any other areas of the application we should check for troubleshooting to resolve the regional deduction issue?

  • Tarun Gulati
    FCCS Integration - Journal15.0
    Topic posted February 21, 2019 by Tarun GulatiBronze Medal: 1,250+ Points, tagged Current Tax, Tip in Enterprise Performance Mgmt > Tax Reporting public
    Title:
    FCCS Integration - Journal
    Summary:
    Need to know which artifact to select to integrate Journal with TRCS
    Content:

    Hi,

    Have been trying to integrate TRCS application with FCCS so as to post journal from application.

    Connection with Vision application has successfully been made, however while customizing the navigation flow it requires for selection of particular artifact.

    Unable to find artifact to choose for enabling the relevant card for Journal.

    Screen-shot attached.

    Thanks

    Version:
    19.01.33
    Image:
  • Michel Schoolenaar
    Tax Reporting Cloud Service Hands-On Workshop...14.0
    Topic posted November 9, 2018 by Michel SchoolenaarSilver Medal: 2,000+ Points, tagged Administration, Analytics, Consolidation, Country by Country, Current Tax, Data Integration, Deferred Tax, Foreign Exchange, Return to Accrual, Smartview, Supplemental Data, Task Manager, Tax Account Rollforward, Tax Provision, Tip in Enterprise Performance Mgmt > Tax Reporting public
    Title:
    Tax Reporting Cloud Service Hands-On Workshop (Live-Virtual-Class), November 22-23
    Summary:
    APAC timezone - Tax Reporting Cloud Service Hands-On Workshop (Live-Virtual-Class), November 22-23
    Content:

    1.5-Day Deep Dive, Hands-on Partner Training for Tax Reporting Cloud Service.

    Dear Valued SaaS Partner,
    Oracle invites you to attend the Tax Reporting Cloud Service Workshop at Oracle Hong Kong Office or join the Live-Virtual-Class  using WebEx. This event requires registration.

     

    This training will be for consultants experienced in Tax provisioning or Hyperion consolidation solutions (HFM, FCCS) who are interested in bringing tax and finance together and details on configurations and implementation for TRCS on the Oracle EPM Cloud. This will be delivered by EPM Product Management.

     

    Topic: APAC Tax Reporting Cloud Service Hands On Workshop (Live-Virtual-Class)

    Speaker: Michel Schoolenaar, Senior Principal Product Manager

    Venue: Oracle Hong Kong Office, 8/F, Lee Garden Three, 1 Sunning Rd, Causeway Bay, Hong Kong
    Date and Time:
    Thursday, 22 November 2018 9:00, Singapore Time (Singapore, GMT+08:00) to Thursday, 22 November 2018 17:00, Singapore Time (Singapore, GMT+08:00)
    Friday, 23 November 2018 9:00, Singapore Time (Singapore, GMT+08:00) to Friday, 23 November 2018 13:00, Singapore Time (Singapore, GMT+08:00)

     

    Agenda:

    • Tax Reporting intermediate and advanced concepts
    • Implementation guide and “Tips and Tricks"

    Audience profile: Free to APAC SaaS OPN members 

    Pre-requisites: Consultants experienced in Tax provisioning or Hyperion consolidation solutions (HFM, FCCS)

     

    -------------------------------------------------------
    To register for the online event
    -------------------------------------------------------
    1. Go to https://oracletalk.webex.com/oracletalk/onstage/g.php?MTID=e9dec065e21e26b11d723cd215c2035e3 (Day 1)

    2. Go to https://oracletalk.webex.com/oracletalk/onstage/g.php?MTID=e48103c2702e9b2901ae17876e2a96a70 (Day 2)
    3. Click "Register".
    4. On the registration form, enter your information and then click "Submit".

    Oracle profile badging

    When registering for this event you will be asked to login using an Oracle corporate single sign-on account. Partners can verify existing accounts or create new accounts using their business email address on the Oracle PartnerNetwork portal. Please note that only business email addresses are accepted  for registration to our events.

    Once Oracle approves your registration, you will receive a confirmation email message with instructions on how to join the event.

    -------------------------------------------------------
    For assistance
    -------------------------------------------------------
    You can contact your local Alliances & Channels Manager.

  • Tarun Gulati
    Change in Tax computation form15.0
    Topic posted October 29, 2018 by Tarun GulatiBronze Medal: 1,250+ Points, tagged Consolidation, Current Tax, Tax Provision in Enterprise Performance Mgmt > Tax Reporting public
    Title:
    Change in Tax computation form
    Summary:
    Editing the Tax computation form to show different sources of Receitpts
    Content:

    It is an accepted practice with businesses to prepare Tax computation wherein the receipts are split between business and Non-business sources so that expenses can be allocated among different sources. In the present current provision form the Columns are not allowed to split to accommodate such requirement. It is a real-time requirement and clients always intend to prepare the Tax computation wherein the columns are split to show the different sources of receipts (business & Non business or different lines of business).

    A screen shot for reference is attached

    Version:
    18.10.69
    Image:
  • Denitza Krasteva
    Tax Reporting Cloud Service Hands-On Workshop...35.0
    Topic posted October 1, 2018 by Denitza KrastevaBlue Ribbon: 750+ Points, tagged Administration, Analytics, Consolidation, Country by Country, Current Tax, Data Integration, Deferred Tax, Foreign Exchange, Return to Accrual, Smartview, Supplemental Data, Task Manager, Tax Account Rollforward, Tax Provision, Tip in Enterprise Performance Mgmt > Tax Reporting public
    Title:
    Tax Reporting Cloud Service Hands-On Workshop (Live-Virtual-Class), October 16-17
    Summary:
    Tax Reporting Cloud Service Hands-On Workshop (Live-Virtual-Class), October 16-17
    Content:

    Register here.

  • Jash Joshi
    Learning and Exploring TRCS15.0
    Topic posted September 4, 2018 by Jash JoshiRed Ribbon: 250+ Points, tagged Consolidation, Country by Country, Current Tax, Deferred Tax, Foreign Exchange, Return to Accrual, Supplemental Data, Tax Account Rollforward, Tax Provision, Tip in Enterprise Performance Mgmt > Tax Reporting public
    Title:
    Learning and Exploring TRCS
    Content:

    Dear All,

    I have started learning the TRCS module of EPM. But unfortunately, I have no idea about the US Taxation and some basic terminology used in the product. Also, This is the first time I have come across the supplementary data management. I need some guidance on the starting point for this module.

    I have already started referring to the admin guide and user guide from which I am able to understand the dimensionality as such things are common across the major products of the EPM like PBCS, EPBCS, FCCS etc... But what I am looking forward is to learn the functional aspect of the module.

    Looking forward to your help on any documentation especially on the functional aspect of the module. Even if someone can guide me on the learning path of this module that would be great.

    Thank You.

  • Susan Attar
    See What's New in Oracle Tax Reporting Cloud for 18.06
    Topic posted June 1, 2018 by Susan AttarBlue Ribbon: 750+ Points, tagged Current Tax, Deferred Tax, Tax Provision in Enterprise Performance Mgmt > Tax Reporting public
    Title:
    See What's New in Oracle Tax Reporting Cloud for 18.06
    Summary:
    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 Provision Interim card has been added.

    Previously, to enter details for Tax Interim Provision, you had to access two separate cards: Tax Provision
    National and Tax Provision Regional. To simplify access, you can now select the Tax Provision Interim card which displays the following cards:

    • Package Forecast contains the Current Provision, Deferred Tax, Temporary Differences, and Tax Rates
    • ETR Forecast contains the Consolidated ETR form
    • Interim Provision contains the interim Provision form

    Read about other new features in the following document.

    Document: