ONESOURCE Tax Provision: Close Faster, File Earlier
ONESOURCE Tax Provision: Close Faster, File Earlier
Utilise our market-leading, patented Report the tax entry with accuracy, reliability, “We were able to automate
calculation engine to generate a complete tax and flexibility using a simple and intuitive about 85% of our Schedule
entry with a structured user workflow and a interface that is reviewable in seconds. M adjustments, so I would
formal review and approval process. say that I’ve cut down the
+ Create reports that are customised to time I’ve spent in the initial
+ Flexible data dimensions to store and your tax department’s specific needs steps of preparing the tax
perform calculations provision by 40 or 50%.”
+ Analyse data in seconds with drill down
+ Automatable tax attributes such as and filtering throughout the application Senior Tax Analyst,
net operating losses and valuation SES Americom, Inc.
+ Review faster than ever, moving from
allowances
consolidated amounts to the lowest level
“We were able to
+ Drill down from consolidated amounts to
+ Self-reconciling reports ensure data expedite the tax provision
the supporting detail in just two clicks
changes are processed quickly and by seven days, which is
+ Entity relationships to mirror pass- accurately about 30% faster for us.”
through corporate structures Senior Tax
+ Configurable journal entry for all
+ Complete interim reporting capabilities jurisdictional levels and any ERP system Accounting Manager, Global
for monthly and quarterly provisions Logistics Company
+ Visualisations using your provision
+ Integrated with ONESOURCE compliance data, easily facilitating multi-period
and other direct tax applications comparisons and trend analyses
+ Dashboards for monitoring key
performance indicators, which helps you
to understand where to allocate your
resources
Contact us today
Visit tax.thomsonreuters.co.uk/onesource/tax-provision