SEAMLESS ERP/GL DATALINK
Take full advantage of the automation made possible by ONESOURCE Tax Provision (formerly TaxStream) with a semi-closed loop General Ledger or ERP System.
Your trial balance will be pulled automatically from your General Ledger into ONESOURCE Tax Provision. You will then be able to review your data and make any necessary adjustments before seamlessly booking back your journal entries.
This seamless ERP/GL datalink significantly increases time savings and reduces margin of error.
JOURNAL ENTRY CONFIGURATION
ONESOURCE Tax Provision can be used to generate a customized tax journal entry to meet the specific needs of your tax department, or alternatively a report that verifies that the amounts booked to the tax accounts match those within the software.
Our team will first review the Journal Entries made under the existing process and then identify how these can be derived by the Journal Entry module. Finally, we'll provide you with the custom Journal Entry Report together with appropriate assistance in the configuration and running of the report.
In addition, our consultants will configure your systems to allow for data to be pulled from your general ledger and for Journal Entries to be booked back automatically, providing greatly increased time savings.