scenario text
Here is some information on the technology tool:
Tool Overview
- Manages and automates the processing of lease transactions between related companies.
- Transactions supported include leases, installment sales, and asset retirements.
- Manages documentation from a transfer pricing perspective.
Output
- Produces sales invoices, lease payment invoices, note payment invoices, and journal entries.
- Electronically exports data from the above documents and related summary reports, creating both tax return data files and periodic journal entry files which can be used to support required transfer pricing documentation requirements.
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