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Oracle Tax Reporting Cloud (TRCS) - August 2018 Updates

Tanya Heise
Sr Principal Technical Support Engineer

The following announcements and considerations are outlined in the upcoming Oracle Tax Reporting Cloud (TRCS) update:

Oracle Tax Reporting Cloud (TRCS)
August 2018

Monthly Update Schedule:

Oracle will apply the latest updates to your test environments starting at 22:00 UTC (15:00 PDT) on Friday, August 3, 2018 and to your production environment on Friday, August 17, 2018, also starting at 22:00 UTC. The updates will be applied to your environments during the first subsequent daily maintenance.

Backing up the daily maintenance snapshot and restoring the environment as needed are self-service operations. Oracle recommends that you download the maintenance snapshot every day to a local server. Refer to Backing Up and Restoring an Environment Using the Maintenance Snapshot in Getting Started with Oracle Enterprise Performance Management Cloud for Administrators.

Announcements and New Features:

  • Using Interim Tax Provision AEETR
  • Intercompany Dimension Reads from FCCS_Intercompany Top Member
  • Synchronizing the Consol and CbCR Databases for Country by Country Reporting
  • Enhancements to the Close Manager and Supplemental Data User Interface
  • Close Manager - List and Gantt Views
  • Close Manager Expanded Search Functionality
  • Close Manager Drag and Drop Attachments
  • Close Manager Task Assignees
  • Supplemental Data - Close Date in Supplemental Data Calculation
  • Supplemental Data – Power (Exponential) Calculation Added
  • Security for Users to Run Consolidation Process
  • New Server Setting in Financial Reporting Web Studio
  • Updated Vision Sample Application
  • Folder Support for Dashboards and Infolets
  • New Infolets Designer Properties Panel
  • Incremental Export and Import Behavior Change

Defects Fixed:

  • Software issues addressed each month will be posted to Enterprise Performance Management Cloud Release Highlights (Doc ID 2055579.1).

Upcoming Changes:

  • Removal of Tax Automation Migration Task
  • Ability to Create Composite Forms
  • Close Manager Calendar View


  • Close Manager Custom Currency Codes
  • Migration for Close Manager and Supplemental Data Manager
  • Financial Reporting User Preferences
  • Only for Smart View for Office with Microsoft Office 365 ProPlus
  • Classic Dimension Editor
  • Financial Reporting Studio Desktop Client
  • Consolidation Operator for Seeded Members


Refer to the following links and documents for further information:
  • Oracle Cloud Release Readiness - Get up to speed on the latest cloud release and ensure your upgrade is a success with Oracle's Release Readiness assets. To access this broad range of assets, locate your service on the left, then choose a release from the service's drop-down menu. Learn and how to plan your upgrade by reviewing expanded discussions of new features,including capability overviews, business benefits, setup considerations and usage tips.
  • My Oracle Support (MOS) Knowledge Article: Enterprise Performance Management Cloud Release Highlights Doc ID 2055579.1


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