Automatic Selection of National Jurisdiction for Entity During Data Import

You can now specify the TRCS_Domicile_Input Jurisdiction member when importing data via data import, Data Exchange, or Supplemental Data Management in Tax Reporting. Using  TRCS_Domicile_Input allows you to import data without specifying the correct national Jurisdiction (domicile) for each entity.  Post data import, the system automatically identifies the national Jurisdiction (level 0 descendant of All National) for each Entity based on the Entity's Domicile attribute configuration. The system then routes the data to the appropriate national Jurisdiction.

Business Benefit: With this new capability, you do not need to specify Entities' respective national jurisdictions when importing data, hence reducing time, effort, and potential errors caused by incorrect mappings and resulting in data getting trapped in the wrong Jurisdiction.

Key Resources

Administering Tax Reporting

• Automatic Mapping of Jurisdiction with Entity
• Importing Data Using Data Management
• Form Template Sections: Mapping Tab