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ONESOURCE Tax Provision allows customers to easily forecast their Tax Expense so that it can be accurately reported on 10-K and 10-Q financial statements. The Tax Expense API specifically exposes the tax expense calculator, allowing your team to pull Tax Expense calculation components and totals from ONESOURCE Tax Provision directly into your in-house application. This allows you to easily represent your tax expense data in the format and layout that best fits your business needs.
Additionally, ONESOURCE Tax Provision APIs avail over 450 provision calculations across multiple dimensions, like Datasets, Units, and Jurisdictions, providing millions of data points in real-time. These APIs enable you to do extensive analysis of your data, connect to 3rd party applications, and improve efficiencies throughout the tax provision process.