Automate your tax provision and save time during the financial close
ONESOURCE Tax Provision is a global tax accounting solution that bridges the gap between accounting and calculates corporate tax estimates, reducing time spent during a financial close. This patented application is integrated with SAP S/4HANA using SAP Business Technology Platform.
By Thomson Reuters (Tax & Accounting) Inc.
Overview
Improve controls of the provision workflow from Trial Balance to Journal Entry
Strengthen the tax provision process by automating financial data, mitigating risk, and having greater transparency in your reporting with the ability to drill down from consolidated amounts to the lowest level of detail in just two clicks.
Speed up your financial close and save time during the tax provision process
Market-leading, patented application allows users to produce accurate tax estimates, improve analysis with self-reconciling reports, and easily transfer data to downstream applications — all within seconds.
Gain confidence with increased accuracy in your data
Simplify data capture from various sources in one central location and leverage data across your tax life cycle to reduce manual entry and eliminate redundant tasks with the ONESOURCE platform and the SAP S/4HANA connector.
Details
Solution type
APIs and Technical Components
Industry
Oil, Gas, and Energy, Automotive, Retail, Banking
Compatibility
Works with
Features
Simplify data capture and manage multiple sources of data within one tool
Collect structured and unstructured data while maintaining stringent controls over the data process using a simple and intuitive application that is reviewable in seconds.
Utilize a market-leading, patented calculation engine
Utilize our market-leading, patented calculation engine to generate a complete tax entry with a structured user workflow and a formal review and approval process.
Report with accuracy through self reconciling reports
Report the generated tax entry with confidence, accuracy and reliability using a simple, flexible, and intuitive interface that is review ready within seconds.
Plans and pricing
Edition Details
Please contact the publisher for more details about the plans and pricing available for this solution.
Please contact the publisher for more details about the plans and pricing available for this solution.
Customer reviews
Technical Information
| Solution type | APIs and Technical Components |
| Category | Enterprise Resource Planning |
| Industry | Oil, Gas, and Energy, Automotive, Retail, Banking |
| Works with |
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The following information is provided by the publisher and applies to the latest app version available on the SAP Store. SAP does not control these policies and procedures; the publisher is solely responsible for the accuracy of the provided information.
| Deployment |
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| Globalization |
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| Operations |
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The following information is provided by the publisher and applies to the latest app version available on the SAP Store. SAP does not control these policies and procedures; the publisher is solely responsible for the accuracy of the provided information.
| Security |
Secured with configurable authentication policies This product has been designed for enhanced security by offering configurable authentication policies. |
| Compliance |
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| Privacy policy |
SAP's privacy policy is not applicable to the use of this app. Please refer to the privacy policy provided by this app's partner. |
Resources
SAP Certified - Integration with Cloud Solutions
Tax Provision: Close faster, file earlier
Moving to the Future of Tax, Step by Step
Data Models that Support Real-Time Tax Provisioning
How one company used ONESOURCE to merge two tax departments
Publisher
Thomson Reuters (Tax & Accounting) Inc.
Thomson Reuters is a leading provider of business information services. Our products include highly specialized information-enabled software and tools for legal, tax, accounting, and compliance professionals combined with the world’s most global news service – Reuters.
