Calculate permanent and temporary differences directly from the source financial data in the general ledgers or from the financial consolidation system, significantly streamlining your tax provision process.
Tax Data Collection
Collect manually-entered data from regional controllers around the world using the complete tax package and workflow engine, ensuring that you have strong internal control over the data collection process, and giving instant insight into the exact status of the tax provision process at all times.
Tax Provision Calculation
Calculate the tax provision from the lowest level of detail (legal entity) all the way up to the consolidated tax disclosure and generate the tax journal entries (addresses the US generally accepted accounting principles (GAAP), international financial reporting standards (IFRS), and statutory provisions, including the "balance sheet approach").
Integration with Tax Compliance Software
Import tax return details from your tax return software into the application using the industry’s best data assurance tool. Export the tax provision and book trial balance to the tax compliance software at the touch of a button.