CORPTAX® Advanced Global Provision (CORPTAX AGP) provides a comprehensive software solution to help you control and manage your company's global tax provision process. This system automates data collection, calculation analysis and reporting to streamline worldwide FAS 109 compliance by eliminating redundant work, standardizing provision processing and increasing internal controls.
CORPTAX AGP calculates federal, state, and foreign current and deferred tax provision, deferred tax assets and liabilities, rate reconciliation, footnote disclosure, and global tax basis balance sheet and provides for data analysis, audit support and planning. The system can accommodate complex computational provision requirements but also is flexible and easy to use for companies who have less complex needs.
CORPTAX Advanced Global Provision is fully integrated with the CORPTAX U.S. Compliance system to achieve significant efficiencies in both the provision and tax return process. The integration of provisions and compliance solutions supports the full automation of your company's tax life cycle.
Whether integrated (as part of the CORPTAX product suite) or licensed as a standalone system, CORPTAX AGP provides a consistent, user-friendly interface and process tools, web-based real time access to multi-year data in a centralized data repository, audit trail, and comprehensive data security.
CORPTAX Advanced Global Provision includes the Advanced Domestic Provision module, which can also be licensed independently of the global module.
NEW THIS YEAR
- CORPTAX Advanced Global Provision has been further optimized for performance, includes additional consolidation features, has been fully integrated with our new detailed current and deferred state provision, and includes our newly improved Tax Basis Balance Sheet which can be used to show source General Ledger detail!
- New Review Toolbar expand/collapse capabilities available by Entities, Location, Columns and various amount Drill down levels such as by Adjustment Code and Footnote Category.
- URL (“Thin Client”) Access to Advanced Global Provision enables web access to single entity data entry workpapers, as well as reports, with full amount recalculation capabilities. This URL access enables remote preparers to launch and modify AGP workpapers without a full installation of US Compliance software.