Be Confident in Your Tax Provision Every Time – Without All the Stress and Worry

Outdated provision software and processes cause too many issues and risks. Bloomberg Tax Provision is the modern solution – automating complex calculations for accurate provisions that always tie out.

Tax provision made easier

The perfect balance of power and flexibility

You now have access to technology that can accommodate even the most complex provision calculations while maintaining the flexibility to adapt to any business structure.

Inefficiency

Cleaner, simpler, and faster calculations

Our system automates calculations across the entire tax provision lifecycle and applies adjustments so they’re guaranteed to tie out – all within a clean design that feels intuitive to use.

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Better audits with less stress

With a modern tool designed specifically for tax provision, you can send reports directly to your auditors in a review-ready format that answers their questions before they even ask.

The right tool can change everything

Bloomberg Tax Provision software is years ahead of any other tool in its class, designed to meet the needs of today’s tax professionals.


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Run complete calculations

Our system automatically runs your ASC 740 tax provision calculation, and applies adjustments to your rate rec and all other related schedules so they’re guaranteed to tie out, helping you close quickly and confidently.

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Deliver audit-ready reports

Export robust reports for your income tax provision directly to your auditors in a review-ready Excel output.

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Have total control

You can control all aspects of your tax provision process with a full audit trail, including review features and user permissions management.

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Easily export footnotes

Quickly export footnote detail that’s purpose-built for the required financial statement tax footnotes and disclosures.

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Jump in without missing a beat

Easy-to-use templates make it simple to upload data into our provision software so you can leverage your existing workpapers.

Getting started is simple

And so is everything else


Take a moment to learn how Bloomberg Tax Provision can work for you and your company. Video length: 1:47


Accurate provisions
that always tie out

Simplify your State-by-State Income Tax Calculations

The FASB proposal would put an end to blended state rate calculations. Bloomberg Tax Provision easily calculates separate state income tax, taking manual risks out of the equation.

Better (and faster) than last year

It’s tempting to think you don’t have time to improve your process and get better tools. But consider how much your current process is costing you. With the time and frustration you save using Bloomberg Tax Provision, you’ll feel less stressed and have more bandwidth to focus on higher-value activities. At least, that’s what our users say.

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“Bloomberg Tax Provision significantly reduced the time we spend on a provision. I saved close to a month over the time it used to take working in Excel.”

Sherri Throop
Tax and Financial Reporting Manager
Novo Building Products

Read full Novo Building Products case study

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“I’ve done implementations of other software, and this one was hands-down the easiest to get the hang of. It was just a matter of weeks before we had full implementation and re-creation of our prior year provision ready to go.”

Corporate Tax Manager
Flexential

Read full Flexential case study

Automate your tax provision

Save time by automating workflows across the tax provision lifecycle. Automate m-adjustment calculations, reconcile tax payable accounts, compute journal entries, and more.

Bloomberg Tax Provision Named to Accounting Today’s 2022 Top New Products

Bloomberg Tax Provision named one of accountingTODAY 2022 top new products
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