Fast, intuitive, and automatic tax compliance.
By focusing on intuitive workflows and automation, we’ve created a solution that integrates seamlessly to SAP S/4HANA Finance and takes the burden out of depreciation while incorporating all of the processing and reporting requirements needed for your business. As soon as fixed asset data is available, automatically compute the associated tax impacts and eliminate manual configurations with our streamlined solution.
By Lucasys Inc
Benefits
Streamline tax reporting with intuitive design
Get up and running quickly thanks to intuitive navigation, minimal configuration, and no need for complex mappings. Automated processes and seamless integration into existing systems make tax reporting faster, easier, and more accurate.
Integrate effortlessly with a plug-and-play solution
Designed for easy integration—no complex mappings, no heavy configuration, and no IT headaches. Our solution connects effortlessly to upstream and downstream systems, automating the flow of data to streamline your tax processes. With a plug-and-play approach, you get a faster implementation and a more efficient operation.
Unlock tailored reporting for seamless compliance and communication
Our software solution empowers you to select from a variety of pre-designed standard reports or craft custom reports to showcase depreciation information in the format that best fits your business needs. This flexibility ensures effortless compliance with reporting standards while enabling clear, efficient communication with tax authorities and stakeholders.
Features
Track assets and gains or losses with precision
Comply with changing tax rules to depreciate your fixed assets. Enter asset details and manage a centralized database, making it easier to monitor assets throughout their lifecycle. Accurately calculate depreciation and gain/loss, and generate comprehensive reports.
Harness flexible grid functionality
Leverage robust and flexible grid functionality to review results and perform data analysis. Features include a customizable grid layout, resizing, sorting, filtering, reordering, conditional formatting, pivoting, drag-and-drop functionality, and export options.
Includes multi-book, multi-jurisdictional support
Maintain multiple sets of books to meet diverse federal and state tax requirements. Our solution supports depreciation and bonus calculations for all 50 states, ensuring accurate, compliant treatment across jurisdictions—no matter how complex the rules.
Plans and pricing
Enterprise Edition
Design: Document business requirements; formalize conversion design; formalize configuration design; formalize integration design
Data Conversion: Convert most recent as-filed tax year into Lucasys software
Configuration: Configure all existing methods and elections
Benchmark: Validate software results against previously computed results in system-of-record
Integration: Configure imports of additions, retirements, and basis differences
Unit Testing and User Acceptance Testing: Perform integrated testing by vendor and end user
Deployment: Deploy application and data to production server
- Minimum contract 1 year
Design: Document business requirements; formalize conversion design; formalize configuration design; formalize integration design
Data Conversion: Convert most recent as-filed tax year into Lucasys software
Configuration: Configure all existing methods and elections
Benchmark: Validate software results against previously computed results in system-of-record
Integration: Configure imports of additions, retirements, and basis differences
Unit Testing and User Acceptance Testing: Perform integrated testing by vendor and end user
Deployment: Deploy application and data to production server
