PowerPlan, provider of accounting, tax and capital budgeting optimization solutions for asset-intensive businesses, has released latest version 10.4.2, which includes a module built specifically for Master Limited Partnerships.
The MLP module offers greater accuracy and availability of data for all stakeholders to improve the K1 filing process while providing financial visibility and reporting for general partners, auditors and unit holders. The module is intended to address the compressed timelines MLPs face between annual accounting close and the issuance of K-1 forms by automating the integration between accounting systems, tax systems and the filing preparers.
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