Leased Property
How PTMS benefits you
- Optimizes your allocation of workforce resources
- Reduces time spent on compliance and client invoicing
- Recovers more tax from customers in less time
- Generates returns faster
- Increases return filing and customer billing accuracy
- Minimizes time spent researching property tax requirements
- Helps users pay more bills in less time
- Streamlines audits
PTMS solution features
- Access to information, including tax returns, calculation tables, tax rates, and due dates, from thousands of jurisdictions
- Generates returns for any leased asset by county or taxing district, assessor account, address, or other user-defined grouping
- Identifies asset changes, including transfers, new acquisitions, cost changes, and disposals, automatically upon import
- Tracks lease and vehicle information for use in generating returns, customized reports, and customer invoices
- Calculates asset values using a combination of assessor calculation tables, exemption or abatement rules, idle equipment factors, and other user-defined calculations
- Calculate complex values, manage accounting or accrual processes, or generate reports using external data by pushing data in and out of Microsoft Excel without needing to import/export
- Automatically validates mailing, assessor, and collector addresses, as well as billing jurisdictions, to each asset address
- Bill customers using any Accounts Receivable software by apportioning tax bills to each asset
- Receive alerts for missing or over-assessed value notices and tax bills
- Available Optical Character Recognition (OCR) tools eliminate data entry for inputting value notices and tax bills
- Leasing-specific forecasting generates lease-term tax estimates and end-of-lease tax estimates
- Easy-to-use tax payment process allows for automatic feeds to any AP system
- Role-based security; comprehensive audit log ensures data integrity and Sarbanes–Oxley compliance
- Access status reports, analytics, and custom KPIs from anywhere, anytime
Advanced functionality for PTMS
How does this help my business?
