Financial Formulas
Calculation Formulas are the financial side of transfer pricing rules. Tax accountants can do all the calculation math’s for each transfer pricing rule using HFM group financial data. Main interface consist in a graphical drag & drop formula editor allowing you to easily build and test any financial transfer pricing calculation method.

Main Features

• Define your transfer pricing calculation logic with formula operations.
• Read Oracle HFM financial data to calculate costs and any other financial indicators.
• Write back calculated transfer prices or adjustments into Oracle HFM.
• Enforce group accounting integrity during transfer pricing operations thanks to formula options tuned for transfer pricing (cross-entity accounting operations, intercompany transactions mgt, automatic currency translation).
• Define generic transfer pricing calculation patterns using formula parameters.

Rules design
Rules make the link between transfer pricing policies and implementation. It is a natural entry point for tax people when it comes to transfer pricing implementation strategies. Within the rule designer, you can design, argument and classify transfer pricing calculation principles, associating advisor’s recommendations with financial formulas.

Main Features

• Centrally manage transfer pricing calculation rules by category (cost plus, resale minus, gross margin, TNMM, ...).
• Link transfer pricing principles to one or more financial formulas.
  
• Define main calculation parameters (product categories, buyer & seller entities,... ) that will be used by generic financial formulas for calculation.
• Simulate scenarios with different drivers or percentages for transfer pricing calculation methods.
  
• Add any external documentation or links associated to important compliance aspects.

Process automation
With this module, you can design and execute any transfer pricing policies through an easy to use graphical process designer. Automation is the main functionality of this module.

Main Features

• Design transfer pricing processes and Sub processes (drill down) as sequences of transfer pricing rules and Oracle Financial Management activities.
• Completely automate process execution, enforcing tax and finance calculation sequences. –
• Manage calculation periods (yearly, monthly, ...)
• Create alternative scenarios.

Audit trail
Full transfer pricing compliance now rely on being able to provide an indisputable tax position based on a detailed audit trail for process and results. For that, a chronological record of transfer pricing activities and calculation results is automatically done by the system.

Main Features

• Model designers can define transfer pricing operations and intermediates calculation results to record.
• Based on that configuration the audit trail module log anything that has happened while executing these operations.
  
• A graphical interactive report show audit trail records grouped by processes, rules and formulas with an Excel export facility.

Other Features

• Smart Oracle HFM Metadata explorer.
• Oracle HFM Grid interface optimized for individual sequence of operations.
• Admin console for application management and security.
• Oracle Hyperion Financial Management rollback capabilities.