Provision and Return Integration That Works the Way You Do

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Events

  • Training
    • 3/22/2010
    • A step-by-step presentation of how to calculate estimated payments while using existing provision data.
    • Estimates Module
    More Training Events

Integrating the provision and return processes has long been one of the key pain points for tax departments - until now.

With the new enhanced ONESOURCE provision and return integration solution from Thomson Reuters, tax professionals will, for the first time, be able to experience integration that takes into account the way they work, and the fact that the return and provision are calculated according to different levels of detail.

Thomson Reuters introduces cutting-edge technology that enables you to automate the multileveled complexities of your provision and return processes. With this seamlessly integrated and configurable solution, you can accommodate differing levels of detail on the provision and the return by:

  • Seamlessly integetrating ONESOURCE Tax Provision (formerly TaxStream) and ONESOURCE Income Tax
  • Breaking out a single line item on the provision into multiple line items on the return, and vice versa
  • Consolidating multiple line items on the return into a single line item on the provision and vice versa
  • Apportioning line items by percentage, or breaking out by amount
  • Fully automating the return to provision true-up
  • Leveraging provision data to save time on the return
  • Reducing manual and redundant effort

For more information on integration with other tax return products, click here