Launch of the CCH® Tagetik Tax Provision & Reporting solution
Following the successful launch and implementation of the Global Minimum Tax (Pillar Two) solution last year CCH Tagetik invested in the development of the Tax Provision & Reporting solution.
Taxvibes joined clients and partners in Lucca for the Wolters Kluwer CCH® Tagetik inTouch2024 Global User Conference in May 2024. During this event, we supported the introduction of the CCH® Tagetik Tax Provision & Reporting solution.
Following the successful launch and implementation of the Global Minimum Tax (Pillar Two) solution last year, CCH Tagetik has invested in developing the Tax Provision & Reporting solution. This new tool offers several key features. Let’s zoom in:
Key features
- Versatility: It can be used as a standalone solution for tax purposes or integrated into the CCH Tagetik platform, which includes consolidation, planning, and other financial processes.
- Flexible Balance Sheet Approach: The solution features no-code mapping towards trial balance data, simplifying the setup and ongoing management.
- Automation: It automates the handling of permanent and temporary differences, increasing efficiency and reducing the likelihood of errors.
- Comprehensive Reporting: It provides detailed effective tax rate and journal output reporting, ensuring thorough compliance and insightful analysis.
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