Computron Software, a global provider of software for business process automation, financial management and business intelligence, has announced an agreement with PKF, a leading specialist chartered accounting and business advisory firm, to provide a GST/Compliance Reporting solution to Australian organisations.
PKF and Computron will undertake joint activities for the purpose of providing organisations with taxation advice, software and services for the calculation of the various taxes that input to the Business Activity Statement (BAS) calculation sheets and the electronic lodgement of the BAS.
“We are very pleased to have PKF as a partner providing the specialist taxation advice and services associated with our GST/Tax Compliance Software Solution, which is generating considerable interest in the market place,” said Ossie Pisanu, Vice President, Asia Pacific, Computron Software.
“This is a unique solution utilising output files from disparate application sources that eliminates the need to upgrade or significantly modify legacy systems. It supports both the splitting up at source or the gross method of handling GST in subsidiary systems. It allows a full audit trail for compliance and substantiation of BAS gross amounts.”
The software automates the collection, analysis and compliance reporting of the data for the eleven different taxes (including GST) which are now required to be consolidated to the one form and electronically submitted to the ATO. “Currently no software vendor has, or claims to offer a complete solution for the derivation and preparation of the Business Activity Statement,” Ossie Pisanu said. “Many vendors are still developing software that only addresses part of the tax compliance requirements.”
“Local Councils will be treated the same as all other organisations in terms of the tax reform process. Organisations or Councils that do not have access to a complete solution now will have great difficulty in undertaking detailed and complex upgrades of legacy systems in the remaining weeks.
“Attempting to upgrade or replace systems is a high-risk strategy! ” Three Councils have already committed to using TCR2000 for their tax compliance reporting.
For further information contact Gilly Hen-Boisen, telephone (02) 9955 9944
*Copy supplied by Computron Software.
