Industry leading funds and property trust distribution calculations with multi-tier and tax return capability
ONESOURCE Trusts (formerly PowerTax Trusts) is a groundbreaking software solution for the generation of trust distribution and tax return calculations. Advanced technology enables calculations to be automatically populated with prior period data and new data from accounting systems while the web sheet interface offers in-built controls and integrity checks to help improve confidence and flexibility in responding to new investment products.
ONESOURCE Trusts (formerly PowerTax Trusts) is designed to help fund and property investment professionals who manage multiple trusts with streamlined automated reporting and data flows.
Based on a well-established platform that can reduce both risk and time implied on distributions and calculations, ONESOURCE Trusts (formerly PowerTax Trusts) is a guarantee of less pain and fewer late nights spent on reporting.
Find out some of the features you'll experience with ONESOURCE Trusts (formerly PowerTax Trusts):
- Ability to manage funds and property trusts
- Configuration for different investment types
- Automatic inter-funding distributions flow between trusts
- Flexible fund reporting structure
- Integration with unit registry, investment management and general ledger systems
- Batch processing
- Audit trails and variance checks
- Automated creation of tax returns from distribution calculations