Product Information
Overview
Tax Technologies, Inc. (TTI) is revolutionizing the corporate tax and audit process. Tax Series™ is a
true Internet/intranet application (also called Web-native software). With this type of delivery,
you
can complete work anywhere, any time using an already familiar paradigm — the
Web browser. With
authorized security rights, you can log on and enter or review financial and tax data from any site
with an Internet/intranet connection. No more waiting for a package to be returned or importing and
exporting from system to system. TTI offers both a hosted and in-house solution, but if you choose the
hosted version you can log on and begin preparing the return tomorrow. Save time and money on hardware and
software costs. No more unexpected environment problems, hardware upgrade requirements with version
changes, update maintenance, or need for in-house database specialists...it is all maintained for you.
General Features
TTI's clients asked us for an easy-to-use, yet robust tax product. Other products on the market had
become encumbered by legacy systems and were hard to use, had stability issues, and had become too
costly to reimplement and maintain. Although the law can be complex,
TTI's clients did not think the
software used to comply needed to rival the tax law in complexity. So
TTI designed the easiest
step-by-step intuitive system ever built with Federal and International compliance in mind.
- Easy to use/Short learning curve
- Short implementation time
- One simple uniform user interface
- Simplified data collection
- Automatic data movement based on ownership structure
- Multi-year/Multi-scenario
- Multi-user access by Internet or intranet
- Fast processing to maximize your productivity
e1120 Features
General
- Step-by-step set-up screens help guide you
through the quick and easy initial set-up process
- Step-by-step input screens walk a first time
user through the return process
- Flexible and efficient import of data helps set
the system up fast
- Handles unlimited general ledger systems, charts
of accounts, and currencies
- Lets you map unstandardized data into a standardized
chart of account format
- Can create time-saving automatic adjustments
- Can set-up data at business unit, branch, or any
level lower than entity level and combine data for
provision, planning, or other purposes
- Can work in multiple tax areas with ease and
applicable data carries seamless from area to area
reducing duplication of efforts and potential errors
- Multi-year capabilities allow for easy access to
prior year data and future years for comparing prior
and current year data, audit, or planning
- Multi-case capabilities allow for multiple
ownership structures and multiple data fact pattern
scenarios to exist to allow for quick estimate and
planning analysis
- Handles short period returns with ease
- Fast, efficient calculations alert you to the
process stage status
Review
- Diagnostics indicate if errors exist
- Quick to generate and easy to navigate online
review of forms
- Comprehensive set of reports that let you track
and review every step of the single entity as well
as the consolidated calculation process
- Easy to understand reports that can be printed and/or
ikntegrated with Microsoft® Excel®
- Review regular and AMT tax data side-by-side
- Easy to create and navigate Form 1120 and
applicable related schedules
- Ability to create a print binder and organize
and attach other forms if needed
Audit
- Audit adjustment data can be linked to TTI's AuditTracker™ product so
that you can quickly access
all tax data from the Tax Series tool. AuditTracker can link adjustments to a tool that contains the
support from inception of audit issue through to the agreed upon adjustment, tracks the history, and
contains all supporting documentation for the adjustment.
- Case capability lets you run various audit
agreement scenarios to better plan for audit defense
Planning
Multi-year and multi-scenario capabilities let you change data or tax attributes and
quickly see the result and compare it to other scenarios. |
