Incentives and tax calculation are the two main components of EDOs. The ProTRACKPlus customizable calculator for tax and incentives enables EDOs to forecast and follow up on incentives.
With our hands-on experience with Economic Development Organizations (EDOs) for more than three decades, we have designed an exclusive tax management module for EDOs.
ProTRACKPlus Customizable Calculator
- You will find a customizable calculator in the ProTRACKPlus Tax Management Module.
- These customizable formulas mirror your local and state tax structure.
- In the Tax Management tab, you will find Tax Name, Tax Parameters, Formula Name, Tax Year, and Tax Formula.
- You can name, calculate, and save the tax; it will then appear in the list under tax management.
- You can apply the specific tax you saved to any project in the future.
- Similarly, you can name, calculate, and apply incentives to discount each tax you create with the customizable calculator.
- With the help of this tool, you can apply a variety of different taxes and offsetting incentives. It allows you to calculate savings to a company and revenues to the various governments involved.
How Does ProTRACKPlus Tax Module Help EDOs?
- You will have all the local and state tax structures at your fingertips.
- There are no chances of error in tax and incentive calculations.
- It saves you money and time by helping you take a break from manual calculations.
- Once you calculate and save the tax, you can apply it easily to new projects when required.
- It also provides you and your team the flexibility of calculating and applying the incentives to discount the taxes.
- It helps you keep the guesswork at bay and allows you to forecast accurate savings and revenues to the government.
- This customizable calculator helps your organization function smoothly by providing ease of calculations.
Ease Your Forecasting & Incentives Activities with ProTRACKPlus
The Tax Management Module has customizable calculators and formulas to mirror your local and state tax structure where you can apply that specific tax to any project in the future. It also allows you to apply taxes on all the taxes which takes the load off your shoulders and gives you a quick solution.
This tool allows you to apply a variety of different taxes and offsetting incentives to calculate savings to a company and revenues to the various governments involved.
Request a demo to have a no-obligation 30-minute demonstration where you will get all the necessary details about the product.
The easiest way to reach out to us is by emailing your request for a demo at info@myprotrackplus.com