BETTISWORTH & ASSOCIATES, Inc.
"Making Information Technology Work for You...for 25+ Years"
IRS Form 4562 Tax Depreciation & Form 4797 Asset Dispositions
Requirement: Prepare the annual IRS Form 4562 and 4797 using SAP ERP data
Problem: Simplify preparation of IRS Form 4562 and IRS Form 4797
Difficult to extract detailed asset data by IRS reporting line
Takes too much time cleaning up the SAP asset data reports
Quarterly Tax provision inaccurate; missing current data
Solution: BETTISWORTH custom SAP Report + MS Workbook
Step ONE: Execute ZFA_4562US_REPORT or ZFA_4797US_REPORT; Export to Excel
Step TWO: Copy and Paste SAP Excel file to IRS 4562 or IRS 4797 workbooks
Features: Execute queries within SAP using your company's unique ERP data
Provides pre-delivered and conforming queries for each IRS line item
Populates each page and line of IRS Form 4562 and IRS Form 4797
Process multi-company returns
For each line item, provides supporting detailed transactions
Use in-SAP excel to sort, filter, & subtotal on useful life, depreciation key, etc.
Form 4797 includes consolidation and elimination of duplicate postings
Enabled for prior year reporting and Optional for current year analysis
Does not require external export of your proprietary fixed asset data
Implement in less than 1 day
Technical: SAP technology-based report built for ECC or S4
Utilize SAP t-code or S4HANA Fiori tile
Export SAP detail data to individual MS Excel workbook
Schedule free evaluation: Email kent@bettisworthassociates.com
Pricing: Each product package (SAP report + MS workbook) is $4,995 one-time
- Discount of $990, if purchase both product packages
- Annual maintenance fee is $2,999 for each product package
+ Ensure SAP report + workbook conform to changes in IRS regulations
- MS Excel 4562 and 4797 workbooks for advanced detail data analysis
BONUS: Annual maintenance includes consulting support for your fixed asset module, as needed for:
- Add or remove bonus depreciation key on existing assets
- Create or update bonus depreciation keys
- Confirm depreciation key calculation
- Correct improper depreciation key settings
- Update key master data fields related to tax reporting
