Tax & Accounting
Thomson Reuters provides comprehensive tax solutions covering entire gamut of direct tax, indirect tax, transfer pricing, and workflow to make your work easier, faster and more profitable.
The tax and accounting business of Thomson Reuters is a leading provider of technology and integrated information solutions to accounting, tax, and corporate finance professionals. We are dedicated to partnering with tax and accounting professionals to make you and your organization as profitable, productive and efficient as possible by:
- streamlining compliance requirements
- improving productivity
- aiding professional development
- providing increased expertise to your business, your organization and/or your clients
Key offerings for the India Region
This comprehensive web-based enterprise solution helps you perform complex depreciation calculations for financial and tax reporting, asset inventory tracking, and barcode and physical verification. You control the entire fixed asset lifecycle.
PayPac is a flexible web-based payroll solution that takes care of legal compliance such as PF, ESIC, TDS, and professional tax. It helps automate the complex payroll function into a simple process.
TdsPac Enterprise manages the entire tax process by calculating correct TDS, preparing challans to certificate generation, and creating quarterly eTDS statements. TdsPac helps keep pace with ever-changing TDS requirements while seamlessly integrating with accounting and ERP systems.
eTdsWizard ensures 100% TDS compliance by creating eTDS statements, correction statements, printing TDS certificates in Form 16/16A, and ePayments. eTdsWizard also helps create and print quarterly statements in PDF format.
eTdsDNF not only helps deductors who are inundated with hundreds of default notices, but will also take corrective actions in advance to file fully compliant eTDS statements. Get scans of eTDS statements and default notice forecast reports in an easy-to-read Excel format.
An integrated software that enables e-filing of tax audit reports, including forms 3CA-3CD, 3CB-3CD, 29B, and 3CEB for the past two years.
Key global offerings
With tax content for more than 175 countries, ONESOURCE Indirect Tax helps automate and simplify the indirect tax management process no matter where your company conducts business. Features include automatic tax content update, ERP integration, and improvements in overall efficiency.
Simplify indirect tax compliance with a single filing platform and automated tax returns for more than 50 countries, covering the major global regions. Navigate local tax rules, languages, and country-specific requirements, report exceptions, and integrate globally with tax authority websites.
Thomson Reuters is committed to extend its global indirect tax solutions to meet India GST requirements. Presently, the global tax solution provides out-of-box indirect tax content for all Indian states. Thomson Reuters aims to automate India GST returns, providing signature-ready return.
Imagine filing your corporate tax return an entire month early. With ONESOURCE, leverage finalized provision data, dynamic work papers, and the most widely used corporate income tax compliance functionality on the market to file returns faster and more accurately.
Gain confidence and deliver tax provisions quickly and precisely. ONESOURCE securely collects data regardless of source and allows seamless extraction into income tax or tax provision workpapers, resulting in accurate and reliable tax provision that is safe against audits.
ONESOURCE WorkFlow Manager automates the entire compliance process for HR, finance, tax, legal and more, ensuring all statutory and internal compliance processes can be defined and tracked, minimizing penalty and non-compliance. Features include task and document management, due date tracking, data management.
Vast changes to transfer pricing documentation have arrived. Are you prepared? ONESOURCE can help your organization navigate a new era of transfer pricing documentation. A proactive response to country-by-country reporting, master file, and local file requirements will enable you to minimize risk and maintain your reputation.
ONESOURCE Transfer Pricing helps automate data collection from various global systems, and compile foreign transaction information and supporting documents in a centralized location. Features include a documenter, comparable databases, benchmarking and transfer pricing services.
Automate your transfer pricing process with flexible workflows, notifications, due date tracking, electronic signoffs and status tracking. Manage, store, and retrieve key documents to support your transfer pricing policy with ease. Achieve consistent and enforced processes.
ONESOURCE Global Trade is a comprehensive enterprise solution for global trade management that organizes trade compliance information in the form of content updates and provides trade facilitation. With features and capabilities that enhance the efficiency of managing global trade process, localized application for global trade in India and updated content integration, ours is the first truly global solution of this kind.