Creating a Sample Application

Oracle Tax Reporting Cloud offers you the option to create a sample application that provides pre-loaded metadata, data and related artifacts. By trying and testing this out-of-the-box environment, you can explore the capabilities and performance of Oracle Tax Reporting Cloud, and then use the sample application as a reference to more easily model your own application using your metadata and data.

As part of the creation of the sample application, the following mandatory features are automatically applied:

  • Track Multi-Source Data Input --Supplemental Data and Managed Data
  • Intercompany --Intercompany Data and Track Intercompany Elimination
  • Reporting Standard --Multi-GAAP Reporting
  • IFRS reporting standard for the application, including the following features:
    • Deferred Tax Not Recognized (DTNR)
    • Consolidated Effective Tax Rate Reconciliation
  • CbC (Country by Country Reporting) provides complete Tables 1, 2, and 3 to calculate analyses to assess risk as a result of transfer pricing strategies.

Note:

If you do not want to use IFRS or CbC for your application, you must create a new application without those features enabled, as outlined in Creating a New Application.

If you want to use Interim Tax Provision in the application, see Enabling Application Features to enable the feature.

To create a Sample application:

  1. Using the URL provided for the instance, log on to Oracle Tax Reporting Cloud as a System Administrator.
  2. Under Finance, select Start.
    Select Start under Finance
  3. Under Finance, select Tax Reporting.
    Select Tax Reporting.
  4. Under Finance, click Sample to create a sample application.
    Select Sample to create a sample application with built-in data.
  5. On the Create Sample Application screen, select a user for each of the following roles:
    • Power User --Select the user to be assigned as the Power User for the sample application. The selected Power User must be assigned an explicit Power User role. This role can grant read and write access, and has the ability to run tax automation for entities, and to import data into entities.
    • Service Administrator --Select the user to be assigned as the System Administrator for the sample application. This role can grant read and write access, and has the ability to update application data including metadata for all entities.

      Note:

      Do not use the same user for both the Power User and Service Administrator roles, even if that user has been assigned both a Service Administrator and Power user role. Each role should be assigned to a different user.

      Select the Power User and the Service Administrator, and then click OK.
  6. Click OK to initiate the application creation process.

    Note:

    This will take several minutes, so do not close the browser window until the completion message is displayed.
  7. Click OK on the completion message.

    From the Home page, you can begin exploring and working with the sample application to create your own application.