| |
|
Tax Consolidations |
|
|
| |
|
Specific Features
|
General Features
|
|
|
 |
|
|
| |
General Features |
|
| |
Installation & Setup |
|
| |
- Self-installed applications available in two separate
formats of CD Plus Internet Updates and/or 100% Internet-Based Program
(CORPORATE Pro Online)
- The Internet-Based version (CORPORATE
Pro Online) is offered hrough a series of extremely secure and
super-powerful Citrix Servers provided and maintained 24-7 by TaxSation,
or if you already have a Citrix Server
and prefer to use your own, it can be installed on your environment
- CORPORATE Pro Online,
using our servers, eliminates the need to ever have to install the applications
or perform routine Internet Updates and it offers hourly data backup
- CORPORATE Pro Online
allows simultaneous access to the programs and files by several users
from any computer in the world under the most secure conditions
- No Need for a dedicated server and minimum or no IT
involvement
- User-friendly interface resulting in a reduced learning
curve
- 100% Windows applications with all the familiar Windows
functionality
- Built-in security features to allow/restrict access
to the modules, returns, or companies and the level of activity based
on the user’s assigned rights
|
|
| |
|
|
| |
Data Entry |
|
| |
- Automatic transfer or Rollover
of prior year data including prior year balances, prepayments, overpayments
and so much more
- Special programming design providing an easy solution
for transferring prior year data from another software package to CORPORATE
Pro
- Spreadsheet-designed, centralized Input
Schedules with copy/paste capability all throughout the software
- Customizable ASCII and/or Excel Import of General
Ledger or Adjusted Trial Balance regardless of the GL package used
- Easy, customizable and One-time
Import Template Setup through a simple Wizard,
enabling Mapping the GL/Adjusted Trial
Balance data onto CORPORATE Pro schedules
and tax returns that can be used year-after-year
- Availability of Import of
NAIC Diskette information from any Annual Statement package for
all types of Insurance companies
- Availability of separate Book data including GAAP,
International GAAP, Other GAAP and STAT
- Ability to override any calculated value with detailed
Override Summary Report to track each override
|
|
| |
|
|
| |
Productivity Tools |
|
| |
- Full product integration between CORPORATE
Pro Federal and all other modules
- Availability of Stand-alone version of each product
or the choice to purchase in conjunction with each other for maximized
savings
- Variety of User-defined Options
to enable full customization of calculations
and general behavior of the software
- Multiple, built-in batch processing functions for
calculations, updates and printing
- Customizable Automatic Adjustments,
containing Deferred Tax Attributes, to keep your returns in balance
and at the same time be synchronized with Schedules
M1 & M3
- Ability to prepare returns on spreadsheet schedules
while including all adjustments & reclass entries and keeping track
of Temporary & Permanent Differences
- Automatic creation of a variety of supporting schedules
and workpapers for both required filing and/or internal company reporting
purposes
- Additional capability to
attach any type of documents (PDF, Excel, Doc, etc.) to any line
of the return and even file the attachments Electronically (PDF)
- Extensive On-line Help and inclusion of ALL Federal
& State Return Instructions
- Detailed & summarized customizable Check Request
Schedules
- Customizable Export of Check Request data to your
AP department based on their exact specifications
- Highest industry rating for forms approval
- Electronic filing of all
required forms through a single push-button approach with a guaranteed
accurate transmittal
- Automatic generation of Electronic
Filing Diagnostic Report to check for the accuracy of all IRS
Business Rules
- Automatic handling of barcodes and scan lines of all
required forms
|
|
| |
|
|
| |
Management Level Tools |
|
| |
- Detailed Diagnostic Report
for Out-of-Balance situations and other return discrepancies
- Variety of Audit Trail
tools & Drilldown capability
- Built-in Crystal
Report Technology enabling you to produce ANY needed reports
- Incorporation of several Built-in Reports such As
Tax/Book Balance Sheet/Income Statement & Adjustment Details
- Reclass Summary Reports identifying the detail of
reclassed items
- Inclusion of Calc History Report to track changes
to key values such as Total Income, Deductions, Tax, Changes to M1,
etc.
- Other Specific Reports tracking data from the Input
Schedules or Annual Statement all the way to the returns
- Management Reports including Summary
of Taxes Schedule showing your overall company tax situation
while calculating detailed figures for taxes, fees, penalties and effective
tax rates at both the federal and state level
- Built-in tools for a variety of forecasting
functions and conducting “What-if”
analysis
- Customizable Mode, Form & Field Locking Options
to lock computations after any point in time or upon completion
|
|
| |
|
|
| |
Tax Consolidations Specific Features |
|
| |
Easy-to-Use
Wizard |
|
| |
Need to consolidate? No problem! Create a SINGLE consolidated
data file, tell us which companies to include, and the Wizard
will do the rest for you. We automatically separate out your companies
into different subgroups and create the Non-Life, Life and Life-Non-Life
Consolidations for you. We even alert you if any members are out
of balance. It just couldn’t get any easier!
|
|
| |
|
|
| |
Detailed Consolidated
Schedules, Eliminations & Adjustments |
|
| |
You can’t beat the detail of our Consolidated Schedules,
which show each member’s figures for each line of the return
along with separate columns for Combined, Elimination & Adjustments
& Consolidated data. This approach truly eliminates the need
to create separate temporary dummy data files just to hold your
eliminations and adjustments. Imagine the time and resources that
this feature alone can save you, eliminating the need to keep
track of several unnecessary files. Simply enter all your eliminations
and adjustments directly onto a designated column of your Consolidated
Schedules and watch them flow to your tax returns along with the
appropriate automatic M1 adjustments made for you.
|
|
| |
|
|
| |
Tax Limitations
|
|
| |
Consolidating companies with Capital Gains and Losses? We’ve
got you covered again. The
Schedule D consolidates as if it were another page of the main
return. In general, we back out or reverse the subsidiary Capital
Gains (Losses) or the combined figures and then re-compute them
on a consolidated basis. We follow a similar process for Dividends
Received Deductions, Charitable Contributions and so many other
items.
|
|
| |
|
|
| |
Override Flexibility |
|
| |
When you’re consolidating, you want to consolidate what
is on the return, so that is just what we do. Even if you simply
type your figures on the returns, that is what will appear on
your consolidations! To make it easier, you can even override
amounts on the Consolidated Schedules and watch the override flow
forward. No need to re-consolidate.
|
|
| |
|
|
| |
Life/Non-Life |
|
| |
Just because we can accomplish all your detailed consolidations
by using only a single data file, does not mean that you miss
out on any details. In fact, the same single file produces detailed
consolidated schedules for your C-Corps, P&C companies, Non-Life,
Life and even Life-Non-Life subgroups along with detailed Consolidated
Carryover Schedules and Subgroup Returns from the lowest level
all the way up to the top Parent return. The Consolidations Module
of CORPORATE Pro is one of many features that have made us stand
taller than the rest.
|
|
| |
|
|
|
