Bloomberg Tax & Accounting has introduced an integration between its Bloomberg Tax Fixed Assets and Tax Workpapers.
The company describes the link as enabling customers to utilize self-service automation to prepare, cleanse, and transform data from ERP packages directly into the Fixed Assets system. Bloomberg says the integration provides greater visibility into data while offering more control over the processes.
The update also includes a feature for applying cost segregation study results to assets within the Fixed Assets software for the calculation of 481(a) adjustments necessary for Form 3115 compliance.
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards. Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that. A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind
