YOUR DATA. CONSOLIDATED.
Empower your tax department today. Capturing the right data from the beginning of the tax lifecycle influences the level of efficiency, accuracy, risk, and control of your provision, compliance, and audit process.
Whether you are conducting frequent data loads from multiple general ledgers or other source systems, it's important to reduce the need for manual data gathering. Spend more time validating numbers rather than crunching them with ONESOURCE Tax Data Manager. Learn how to automatically harmonize your general ledger and consolidate data for tax reporting. Click here to request a demo.
Quickly reconcile changes to source data.
Eliminate the manual harmonization of tax sensitized accounts from multiple general ledgers and other source systems.
Planning and Analysis
View the trial balance at the right level for your different tax reporting and analysis needs.
Validate the data before moving into your provision or return.
Accommodate Multiple Accounting Standards – Accounting standards can be defined for each account, effectively creating separate trial balances for various reporting standards: IFRS, US GAAP, FERC, and SSAP 10.
Automate Data Transfer – Automates the push and pull of data to and from general ledger and ERP systems. Data can be transferred on a daily, weekly, monthly, or quarterly basis, and the system can evaluate changes from the previous transfers.
Create a Master Chart of Accounts – A master chart of accounts is created specific to each area of tax and each tax system.
Create Infinite Rollups – Accounts for complexities in entity and account structures with unlimited tiers of sub-consolidations. Data can be transferred at the parent account level and flowed to each child account.
Custom Output Formats – Creates mappings from each separate general ledger or ERP system, tax area, and tax source system to the master chart of accounts to easily transfer data between systems.
Re-classify Entries – Automatically reclassifies entries for specific accounts each time the trial balance data load is processed.