Whether you are dealing with complex, multinational tax structures or simply a few different jurisdictions, tax data consolidation is critical. TaxStream functions as a consolidating data warehouse, gathering disparate tax rates and tax data seamlessly over the web from remote locations. It then stores provision, return, and forecast information, creating a data flow from your general ledger or consolidation package through to your return, and rolling forward your balances to future tax periods.
- Single Tax Data Warehouse - Store all your tax information in one central location. Set up direct feeds to TaxStream from your general ledger, consolidation package, return software, fixed asset module, or transfer pricing software.
- Remote Data Collection - Use iTaxStream to gather remote and foreign information, step-by-step, over the web, and feed it directly into the corporate data warehouse, making adjustments in real time. Use the same system to gather true-up data locally, and roll your tax data forward from period to period.
- Detail from the Bottom up - Gather your information at the lowest level of complexity available and roll it together in real time, allowing you to go from a very low to a very high level in just a few clicks.
- Oracle Hyperion - Through our partnership with Oracle Hyperion, import your consolidated financials, with the account-level detail you need, directly into TaxStream. Then automatically book back your journal entries with the Oracle Hyperion Tax Adaptor, built exclusively for TaxStream.