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By: Peter Poletti

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Tax Reports Functions & Features

Feature and functions include Adds assets and copies transactions to tax depreciation books;Associates tax data with individual assets;Tax depreciation reserve for current and past fiscal years maintained with depreciation expense changes;Default depreciation rules based on initial service date for asset;Examine depreciation costs and expense ceilings;Calculates the gain and loss of a disposed asset for book and tax purposes;.. Tax Reports Functions & Features are an important module of the comprehensive ERP RFP Template for Discrete Manufacturing.

The ERP RFP template with Tax Reports Functions & Features for ERP is a Microsoft Excel spreadsheet (.xlsx) featuring a total of 3761 decision criteria. The ERP RFP template allows you to quickly and easily prepare the business, functional, and technical requirements sections of the solicitation package you'll send to ERP software vendors. It ensures for:

  • complete response from each ERP software vendor
  • deep and accurate evaluation of submitted ERP proposals
  • impartial side-by-side comparison of ERP solutions evaluated
  • rational and documented selection of the best matching ERP system

The ERP software comparison report can save you up to 90% of the time you would have otherwise spent comparing all the ERP solutions from scratch.

The Tax Reports Functions & Features comprise the following elements:

  • Adds assets and copies transactions to tax depreciation books

    Adds assets and copies transactions to tax depreciation books, Tax Reports Functions & Features
  • Associates tax data with individual assets

    Associates tax data with individual assets, Tax Reports Functions & Features
  • Tax depreciation reserve for current and past fiscal years maintained with depreciation expense changes

    A depreciation reserve is a business fund which contains the yearly depreciation cost of equipment. This creates a reserve which can be used to replace the equipment when its completely obsolete. Tax depreciation is a yearly deduction for the use of property. Tax depreciation reserve for current and past fiscal years maintained with depreciation expense changes, Tax Reports Functions & Features
  • Default depreciation rules based on initial service date for asset

    Default depreciation rules based on initial service date for asset, Tax Reports Functions & Features
  • Examine depreciation costs and expense ceilings

    Examine depreciation costs and expense ceilings, Tax Reports Functions & Features
  • Calculates the gain and loss of a disposed asset for book and tax purposes

    Calculates the gain and loss of a disposed asset for book and tax purposes, Tax Reports Functions & Features

TEC Advisor can save you up to 90% of the time you would have otherwise spent figuring out on your own which ERP solution is the best for your needs.

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Functions and Features