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PowerPlan Tax Provision

Purpose-built to handle the income tax accounting needs of regulated companies.

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Overview

PowerPlan's Tax Provision module is a specialized software solution designed to meet the complex income tax accounting needs of regulated and asset-intensive companies. It helps automate manual tasks, mitigate compliance risk, and support rigorous audit requests, allowing tax departments to focus on strategic analysis.

✨ Key Features

  • ASC 740 & ASC 980 Compliance
  • Regulated and Non-Regulated Income Tax Calculations
  • Consolidated Tax Adjustments
  • Interim Reporting Entries
  • Unitary Tax Return Calculations
  • Tax Basis Balance Sheet
  • FERC Reporting
  • Integration with PowerPlan Suite

🎯 Key Differentiators

  • Deep expertise in regulated and asset-intensive industries
  • Purpose-built to handle industry-specific accounting and tax requirements
  • Integration with the broader PowerPlan suite for a holistic view of asset data

Unique Value: Provides a tailored tax provision solution that addresses the unique and complex challenges of regulated and asset-intensive industries.

🎯 Use Cases (3)

Income tax provision for utilities, energy, and other asset-intensive industries Managing the complexities of regulated accounting Automating tax calculations for companies with large fixed asset portfolios

✅ Best For

  • Tax provision for major utility and energy companies
  • Compliance with industry-specific regulations like FERC

💡 Check With Vendor

Verify these considerations match your specific requirements:

  • Companies in non-asset-intensive industries
  • Small businesses with simple tax provision requirements

🏆 Alternatives

Thomson Reuters ONESOURCE CSC Corptax Custom-built solutions

Offers deeper industry-specific functionality and expertise compared to general-purpose corporate tax software.

💻 Platforms

Web

🔌 Integrations

PowerPlan Tax Fixed Assets (TFA) PowerPlan Tax Repairs PowerPlan Charge Repository

🛟 Support Options

  • ✓ Email Support
  • ✓ Phone Support
  • ✓ Dedicated Support (All tier)

🔒 Compliance & Security

✓ SOC 2 ✓ GDPR ✓ ISO 27001 ✓ SSO ✓ ISO 27001 ✓ SOC 2 Type 2

💰 Pricing

Contact for pricing
Visit PowerPlan Tax Provision Website →