IMPLEMENTATION SERVICES

At Thomson Reuters, the success of everyone who uses our technology is important to us.

We recognize that a successful user experience begins when the technology is implemented. Therefore, we work to ensure that your implementation experience is a positive one. We are committed to getting you and your staff up and running as quickly as possible, while providing the level of customer support you expect.

Smooth and simple. That's what we want the transition to your new compliance solution to be for you. After thousands of implementations, we have a process in place that makes the installation, set up and training on our software as easy as possible on you and your staff.

Implementing more than just ONESOURCE Income Tax? No problem. We offer implementation services for a variety of ONESOURCE products. Other services we provide include:

Training
Document and workpaper creation
Loan staffing and other expertise to help ease the transition
Data management
Process improvement services are unlike any other technology provider

BASIC IMPLEMENTATION

Implementation: Setup the system based on the agreed upon solution which includes:
1. Create Workarea(s)
2. Import Entities
3. Create and Update Charts:
  1. TCCs
  2. Accounts
  3. M3 Line Codes
  4. iAdjustments (Book, Reclass & Tax)
  5. State A&A Categories/Subcategories based upon prior tax year filings
  6. State Logic Chart
    1. Modification of the State Logic chart is the responsibility of your tax department. The ONESOURCE Income Tax Implementation Manager will provide guidance on best practices for customizing the chart.
  7. State Forms Xref Charts
    1. Modification of the State Forms Cross Reference Charts is the responsibility of your tax department. The ONESOURCE Income Tax Implementation Manager will provide guidance on best practices for customizing the charts.
4. Create Prior Year and Current Year Binders
5. Assign Charts to Entities and Binders
6. M3 Mapping
  1. If mapping of income statement accounts to lines on Schedule M-3 is available, the ONESOURCE Income Tax Implementation Manager will map the accounts to the M3
    Line codes and will provide the mapping to you for your approval and signoff.
Migrate and Verify Prior Year Data
1. Import prior year ending balance sheet amounts and verify they agree with the prior year return as filed.
2. Import prior year ending property apportionment amounts and verify they agree with the workpapers provided.

TIER 2 IMPLEMENTATION

Add-Ons to Tier 1 Basic Implementation (Requires purchase of Tier 1 or already have implemented ONESOURCE Income Tax RS version). Quotes for Tier 2 services will be determined by the ONESOURCE Income Tax Tax Implementation Manager on a per proposal basis unless specifically noted herein.

A&A Subcategories - this Tier 2 add-on picks up where the Tier 1 Basic Implementation leaves off for A&A Subcategories to include setting up A&A Subcategories for Sales and Payroll factors as well as making additional Property factor Subcategories that were not used for the prior year return where you want these for future year return processing.
A&A Customization - this Tier 2 add-on provides customized views and filters for A&A data to streamline what your tax department sees in their day-to-day view of A&A data entry screens and workpapers. Service includes activating states for each entity and includes building customized templates for import into A&A.
A&A Chart Forms Mapping - this Tier 2 add-on goes beyond the Tier 1 Basic Implementation to map A&A charts to specific lines of the state returns where different from default mapping.
Partnership K-1 Line Mapping - this Tier 2 add-on applies when 1065 is licensed and some of the corporations are partners in the 1065's being prepared in ONESOURCE Income Tax. We provide the service for Partnership K-1 Line Mapping.
State Taxable Income (TI) Workpapers - this product feature provides the ultimate flexibility you need for processing your state returns. The State TI Workpaper mapping service builds a customized solution using subcategories for state modifications and apportioned income adjustments. Guidelines for the number of days to order: 1 day includes up to 6 states, 2 days covers up to 14 states, 3 days includes up to 22 states, 4 days covers up to 30 states, and 5 days of services includes All States available in
ONESOURCE Income Tax.

TIER 3 IMPLEMENTATION

Add-Ons to Tier 1 Basic Implementation (Requires purchase of Tier 1 and the Tier 2 A&A Subcategories)

Prior Year Federal Return Match of GoSystem, ONESOURCE Income Tax Express or ONESOURCE Income Tax CS version

This Tier 3 add-on service provides matching Page 1, Line 28 and the Balance Sheet (beginning and ending) prior year returns in ONESOURCE Income Tax RS version. Re-creating your returns is based upon Trial Balance or TAS usage in your previous compliance system and we will import P&L, adjustments, beginning and ending balance sheet as well as bring in the Organizer Tax Forms (.DAT/.IDX) files.

This add-on may only be ordered after the Implementation Manager has completed the Tier 1 Basic Implementation and has reviewed the available data for matching the prior year returns to determine presence of Overrides and alignment of prior year data with a common chart of accounts.

At the conclusion of a Tier 1 Basic Implementation, an estimate of the number of days will be provided and additional days beyond the estimate may also be billed if other unforeseen issues arise.

Customized Current Period Import Template Files

This Tier 3 add-on service provides you with customized current period import template files for importing Trial Balance, Adjustments, and A&A.
Your tax preparation team can then use the templates provided to import their entity-specific data and prepare their current period returns in ONESOURCE Income Tax.

TIER 4 IMPLEMENTATION

Add-Ons to Tier 1 Basic Implementation

Prior Year Federal Return Match of Competitor Conversions

This Tier 4 add-on service provides import files your tax department needs to prepare a match of Page 1, Line 28 and the Balance Sheet (beginning and ending) for prior year returns in the RS version of ONESOURCE Income Tax.

The Implementation Manager will work in conjunction with your tax department to ensure it achieves desired results, with assistance from members of your team for the importing and verification of data. This add-on may only be ordered after the Implementation Manager has completed the Tier 1 Basic Implementation and has had a chance to review the data that's available for matching the prior year returns.

At the conclusion of a Tier 1 Basic Implementation, an estimate of the number of days will be provided and additional days beyond the estimate may also be billed if other unforeseen issues arise.

Current Year TAS Federal Preparation

This Tier 4 add-on service provides import files your team may need to prepare Page 1, Line 28 and the Balance Sheet (beginning and ending) for current year returns in the RS version of ONESOURCE Income Tax. The Implementation Manager will work in conjunction with your tax preparers and managers to ensure they achieve desired results, with the assistance of your tax team in the verification of data. You are ultimately responsible for the accuracy of the current year returns. ONESOURCE Income Tax Implementation Manager does not provide any specific tax advice. At the conclusion of a Tier 1 Basic Implementation, an estimate of the number of days will be provided and additional days beyond the estimate may also be billed if other unforeseen issues arise.

RS Version Administration

Purchase one day of ONESOURCE Income Tax Implementation Manager time for each calendar month and receive administrative services such as creation of new users, new entities, new binders, and other specific Enterprise Control Panel activities. Thomson Reuters mailbox email address is provided to licensees to communicate administrative requests.