Tax ProvisionClose faster, file earlier, accelerate business
Ensure speed, accuracy and data integrity at financial close.
During financial close, time is of the essence — and you rely on accurate tax provisioning to speed up the process. Thomson Reuters ONESOURCE Tax Provision software calculates corporate tax estimates in seconds, and lets you quickly review data with filtering and drill-down capabilities. All steps are automated - like financial reporting, data collection from multiple jurisdictions, tax provision calculation, tax adjustments, and more – all in a single, user-friendly platform. Automation during the tax provision process results in more efficiency across the entire tax lifecycle, helps you close faster and frees up time to grow your business.
With ONESOURCE Tax Provision, you can:
Key features and benefits
Gather structured and unstructured data at speed and with complete control.
Generate a complete tax entry with a structured user workflow and review and approval process.
Report the tax entry with accuracy and flexibility using a simple, intuitive interface.
Filter data to focus on relevant subsets, and drill down from consolidated amounts to the lowest level in just two clicks.
Appraise all tax provision results on the dashboard. View a flow from calculated values to the entries that drive them.
Learn more about our intuitive tax provision software to speed up your financial close.
ONESOURCE Tax Provision
Close faster and file earlier with ONESOURCE Tax Provision, a simple and intuitive application to speed up your financial close.
ONESOURCE Tax Provision in Action
Gain unprecedented data clarity into your tax provision process. Our market-leading, patented calculation engine and drilldown capabilities help you analyse data in seconds.
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