Leveraging tax incentives is incredibly important and valuable for any production. But for those managing the backend accounting for incentives, it can often be a challenging and time consuming process.

No more. 

We recently hosted a Tax Incentives Uncovered: Audits Made Easy webinar that was packed with tips, tricks, and strategies for using GreenSlate to reduce the normally cumbersome process of tracking and managing tax incentives with those other programs.

Want to learn more? We've collected some highlights from the webinar below that shows how our software simplifies managing audits like pulling payroll and non-payroll backup, tax credit coding, account mapping, and more. 

Whether you’re new to GreenSlate or a current power user, there's likely something here you'll find useful in exploring our tax incentives functionality in the GreenSlate app.

Before you proceed, this webinar was hosted by our very own Michele Miller, VP of Production Tax Incentives. She easily qualifies as an expert in the space and really knows her way around the system. 

Joining Michele is the always knowledgable Director of Client Application Solutions, Rene Quiroz.

First, Managed Codes

Let's kick things off with Managed Codes.

Get comfortable with Default Tax Codes

Including digital start work and account payable vendor functionality.

'Fun' with Accounting Tax Credit Coding

Fun might be stretching it a little, but if you want to learn about Check Requests and the ability to attach files, this is for you.

Payroll Tax Credit Coding for the win

We're all about timecards and batching. 

Tax Credit Codes on the Ledger

Exploring the General Ledger, aka the Bible, that is a fully interactive tool and one of Michele's favorite features. 

The Tax Credit Summary Module is lit

As in LIT-erally a game changer. Here Michele shows off Unassigned Count, the importance of making sure expenses are coded for tax credit purposes, and easily identifying unassigned amounts for anyone dealing with tax credit submissions.

Have you met Account Mapping?

If not, let us introduce you to mapping a state’s chart of accounts to your chart of accounts. Michele shares that we currently offer mappings for New York, New Jersey, and Georgia is coming soon.

Running Tax Credit Reports

Exploring Account Reports and running a Tax Credit Summary. Quickly estimate tax credit proceeds based on the tax credit coding in your ledger. Also, explore ledger reports and all the available options.

PS. All of our reports can be exported. Yay.

NYS State Budget Cost Qualifier 

Here's a quick one.

Payroll Audit Pulls...up to a bar and says,

"Come here often? Did you know that pulling start work files, timecards and check copies, all of which are required to be submitted during tax credit audit pulls is easy to do in GreenSlate?" 

We're better at software than pickup lines, thankfully.

Non-payroll Audit Pulls

That was a lot. We're out of steam at this point, but pulled through to the end. We always deliver. So dive into the Checks Module, which is the best place to download backup for your accounts, and then call it a day. 

✅ FYI, GreenSlate also offers a full suite of Tax management Services, which you can learn more about here.