Vertex® Income Tax Reporting & Analysis
As an income tax professional, traditional methods of reporting tax data may no longer meet your business needs. Consumed by compliance activities, constantly changing regulations and a business that is evolving, it may feel like getting information about tax is a challenge.
Use Vertex Reporting & Analysis to free your income tax department from traditional time-consuming and error prone reporting strategies like:
- Culling tax data from inflexible financial systems
- Spreadsheet comparisons and tracking tax data by year or entity
- Manual creation of one-dimensional reports
Benefits
- Transforms raw income tax data into insightful reports
- Delivers accesses to and customizes views of tax data
- Simplifies spotting trends and deviations in tax data
- Creates custom reports that serve all levels of stakeholders across the enterprise
- Reduces time spent gathering data, creating queries and building reports
- Sets context for tax decisions by creating graphs for quick analysis
- Retains date and time specific data archives for chronological comparison
- Safeguards the integrity of tax data by reporting using a separate database from compliance
Features
- Customize reports to reflect various structure, jurisdictional or business scenarios
- Use one of over 60 pre-formatted report templates to build reports or design new reports that meet your specific business needs
- Report on data by client, structure, entity, chart of accounts, account balance, payment type, adjusting entries, apportionment factors, eliminations or tax destination codes (TDCs)
- Track changes to accounts, entities or structures over multiple tax years or using chronological snapshots
- Extract data from Federal and State returns in over 20,000 form and work paper data fields
- Produce analytical reports for multiple periods, entities, or jurisdictions
- Extract summary data or specific detailed items, ranging from total tax and taxable income amounts to specific state apportionment amounts
- Available on-demand (hosted) or on CD
Call 800.355.3500 to Speak to a Sales Representative.
