31 Working with Tax Reporting Applications

Oracle EPM Tax Reporting provides comprehensive global tax reporting for medium to large multinational companies and includes Tax Provisioning, Country by Country Reporting, Workflow Management, Supplemental Data Management, and Dashboards and Key Performance Indicator reporting.

Managing Tax Reporting data in Oracle Enterprise Data Management Cloud involves:

• Registering Tax Reporting Applications
• Importing Tax Reporting Dimensions
• Modifying Registered Tax Reporting Applications
• Exporting Tax Reporting Dimensions

When you create a Tax Reporting application, the following objects get created:

• An application is created with settings, such as alias tables, multi-currency codes, and optional connection settings.
• One default view is created for each application.
• One dimension is created for each registered dimension.
• For each dimension, these objects are created and bound to the dimension:
  • One node type with all of the application specific properties.
  • One hierarchy set using the node type for both parent and child.
  • One node set that points to the hierarchy set.
  • One viewpoint that points to the node set.

  Note:

  Binding rules ensure that the registered dimension conforms to the external application dimension requirements, see Understanding Binding Rules.

In addition to registering dimensions, you can also register attributes. See Understanding Attributes. When you register an application, a number of attributes are predefined for you depending on your registration settings. See Predefined Attributes for Tax Reporting Applications. You can optionally add one or more additional attributes during registration.

After you register an application, you can import data into the dimensions to populate the nodes, properties and hierarchy sets. Optionally, you can modify the registration. When you are done working, you can export the dimension back to the external application.

Tax Reporting Predefined Members

Predefined members must be imported from the external application. They can be moved and reordered and you can add a child under or a top node above them, but they cannot otherwise be edited in Oracle Enterprise Data Management Cloud.

Any changes to the predefined members must be performed in the external application. After the changes are made, you must perform a merge import (see Working with Merge Imports) to update the predefined members in Oracle Enterprise Data Management Cloud.