NOL Manager automatically computes the generation, utilization, carrybacks, and carryforwards of state net operating losses across multiple years and multiple scenarios. The tool show the impacts of Internal Revenue Service and state tax audits on NOLs and estimates taxes for financial statements and quarterly estimates.

The latest version of BNA State Tax Analyzer enables companies to stay current on the vastly different state NOL rules and, most importantly, removes the uncertainty and risk of manually managing operating losses and predicting cash impacts," Ken Crutchfield, VP of Bloomberg BNA's software products, said in a prepared statement.