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B-berg Tax Provision Enhanced

Monday, Apr 17 2023
Tax
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GearsNew data transformation and automation capabilities have been released for Bloomberg Tax Provision. The company said this week the “new functionality enables Bloomberg Tax Provision customers to automate workflows across the tax provision lifecycle.”

The capabilities include automating trial balance uploads to the application. This includes automatic the blending trial balance and non-trial balance data to compute book-to-tax ("Schedule M") adjustments, reconciling tax payable accounts and computing journal entries.

The company noted Bloomberg Tax Provision Certified Implementers—RSM, GTM, and VPTax—are trained to supportl customer implementations.

Bob Scott
Bob Scott
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards.  Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He  has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that.  A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind
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