The Tax & Accounting business of Thomson Reuters has released ONESOURCE Indirect Tax reporting for fast, accurate, and flexible business intelligence reporting. Supporting global indirect tax compliance, reconciliation, and data analysis needs, the solution also allows companies to create or customize reports, incorporating data from external sources to meet unique and complex business process needs.

Building on ONESOURCE Indirect Tax, the reporting module provides finance and tax professionals with the ability to delve into audit and return data for a granular view into transaction tax details as well as access to analytic tools for improved decision making.

Available as an add-on module to the ONESOURCE Indirect Tax global software suite, new features include accurate and customizable views of data with the ability to drill into the audit detail; flexibility to leverage external data sources for limitless views of data to address the unique needs of any company; analysis tools to improve the speed and quality of decision-making; an entire library of common reports such as transaction extract reports, reconciliation, returns preparation, and more.