The ProTRACKPlus customizable tax and incentive calculator 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 customizable formulas 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.