onesource implementation scenarios may 1, 2011. scenario - 1 (implement one module each year) imp....
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OneSource Implementation Scenarios
May 1, 2011
Scenario - 1(Implement One Module Each Year)
Imp.
2011 2012 2013 2014
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
Domestic Provision(feed from Talisman for Global view)
Compliance
Foreign Provision
Imp. Parallel*
Imp. Parallel**
Use CoprTax for 2011 & 2012 Returns
* Parallel for Compliance may be reproducing prior period return.
** Assume full year parallel
Use OneSource to close 1Q12
Use OneSource to produce 2012 Return
Parallel**
Use OneSource for 2014 global Provision
Burden on Tax staff spread over 3 years, but End State too far off.
May be able to extend the Implementation of Foreign Provision – By Region – Does not require all of the same Tax Staff as Compliance/Domestic Provision
Scenario - 2(Both Compliance & FIT Implementations in 2012)
Imp.
2011 2012 2013 2014
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
Domestic Provision(feed from Talisman for Global view)
Compliance
Foreign Provision
Imp. Parallel*
Imp. Parallel**
Use CoprTax for 2011 & 2012 Returns
* Parallel for Compliance may be reproducing prior period return.
** Assume full year parallel
Use OneSource to close 1Q12
Use OneSource to produce 2012 Return
Parallel**
Use OneSource for 2013 global ProvisionResource Constraint
in 2012 – might be able to stretch out FIT rollout to ease
demand on Tax staff
May be able to extend the Implementation of Foreign Provision – By Region – Does not require all of the same Tax Staff as Compliance/Domestic Provision
Scenario - 3(Both Domestic & FIT Implementations in 2011)
Imp.
2011 2012 2013 2014
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
Domestic Provision(feed from Talisman for Global view)
Compliance
Foreign Provision(FIT)
Imp. Parallel*
Imp. Parallel**
Use CoprTax for 2011 & 2012 Returns
* Parallel for Compliance may be reproducing prior period return.
** Assume full year parallel
Use OneSource to close 1Q12
Use OneSource to produce 2012 Return
Parallel**
Use OneSource for 2012 global Provision
Resource Constraint in 2011
May be able to extend the Implementation of Foreign Provision – By Region – Does not require all of the same Tax Staff as Compliance/Domestic Provision