Bloomberg Tax & Accounting Fixed Assets
Bloomberg Tax & Accounting Fixed Assets is a cloud-based solution designed to streamline the entire fixed asset lifecycle, from acquisition to disposal. By automating depreciation calculations and enhancing compliance, it enables businesses to optimize tax savings and reduce financial close times. With robust integration options and features like inventory management and Construction In Progress (CIP), users can make informed decisions and respond to regulatory changes swiftly.
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Top Bloomberg Tax & Accounting Fixed Assets Features
- Cloud-based asset management
- Automatic depreciation calculations
- Real-time regulatory updates
- Integrative data sharing
- Tax-focused automation capabilities
- Intuitive user interface
- Comprehensive compliance tracking
- Advanced ASC 740 calculation engine
- Automatic data transformation
- Enhanced reporting tools
- Strategic tax planning insights
- Multiyear tax attribute management
- Inventory management features
- Construction in progress tracking
- Foreign currency handling
- Excel DataView integration
- Workflow optimization tools
- Customizable templates and formulas
- Intuitive decision-making support
- Continuous software updates.
