Continually striving to develop and improve their products, Sarnowski & Wiśniewski’s experts have developed an Analytical Module to expand the functionalities of Transfer Pricing Manager, the firm’s transfer pricing documentation support software.
The Analytical Module is a tool which makes TPM work with client’s financial and accounting system. The module offers a functionality which enables clients to import data from their accounting system to TPM so that they can analyse them in order to identify transactions for transfer pricing documentation purposes. With the Analytical Module transaction values can be monitored on an ongoing basis throughout the fiscal year, and the module shows transactions for which such documentation must be prepared. The tool also offers the functionality of grouping accounting data imported to TPM according to user-defined criteria such as counterparty or transaction type. Furthermore, TPM’s data analysis module is provided with an advanced search engine which enables the user to find imported accounting entries quickly and efficiently. Both accounting system parameters and TPM parameters can be used in searches.
The product may be customised to suit client’s financial and accounting system and can be additionally provided with dedicated functions and solutions adjusted to the specificity of a given group of companies.
The Analytical Module has already been used successfully by a number of Sarnowski & Wiśniewski’s clients who use TPM to support their transfer pricing documentation management process.