With widespread globalization, increasing complexity, tighter deadlines and greater risk, income tax professionals have never been more challenged to make their provision processes more efficient and accurate.

Finally Provision with Vision

Vertex Provision Global Tax Office (GTO) is the solution you've been waiting for - a web-native, enterprise-scale provision software that transcends the limitations of existing products and effectively addresses the numerous demands confronting tax practitioners today.

Vertex Provision GTO offers multinational corporations:

• An enterprise-scale, yet locally adaptable, solution
• Web-native design from the ground-up
• Interim and year-end capabilities
• Dual ledger functionality
• The ability to automate and standardize the end-to-end provision process

Benefits

• Seamless information sharing that reconciles all tax accounts to general ledgers for each legal entity
• Scalable to grow as your business needs change
• Enhanced security to ensure data integrity
• Built-in intelligence that enables non-experts to do their provisions without corporate support
• Automates and standardizes the end-to-end global provision process
• IT Independence as all provision tasks are accomplished via Web browser:
  

Features

• Tax accounting sub-ledger that calculates provisions and produces tax journal entries
• Fully supports APB 28/FIN 18 interim and FAS 109 annual global provisioning and related tax disclosures
• Dual ledger capability to track local statutory accounts, statutory to GAAP adjustments, reported GAAP, and related tax provisions
• Flexible mapping and supports export of trial balance and book-tax differences to all U.S. and non-U.S. compliance systems
• Data collection of all book trial balances
• Automation of book-tax adjustments
• Calculation of current and deferred provisions by legal entity
• Producing tax journal entries and tax account reconciliations by legal entity
• Consolidating and reporting the required tax disclosures in a single comprehensive system