My BEPS helps you save time, bring clarity, consistency, leveraging your data to gain insight, and make decisions with confidence.
What is MyBEPS?
MyBEPS is BDO Innovation Labs´ proprietary web-based application for generating transfer pricing reports. Its modular approach leverages existing and newly created information to enable flexible collaboration between internal and external users.
This web-based management accounting platform provides centralized project management via an integrated dashboard. It facilitates and streamlines the efficient preparation of Transfer Pricing documentation reports while enabling collaboration.
Why MyBEPS?
The application enables a streamlined and collaborative process involving both central and local teams. It facilitates the drafting of transfer pricing documentation through questionnaires and reports templates.
It’s entirely flexible and scalable, depending on your needs. Automation reduces human error and removes much of the duplication that can otherwise occur in preparing documentation worldwide.
Technology-enabled documentation process
Leverage existing reports through a technology-enabled modular approach for efficient and consistent report generation.
IMPROVE ORGANIZATIONAL COOPERATION
by increasing and maintaining awareness of global transfer pricing methodologies, processes, and responsibilities.
ENSURE TRANSACTIONS AT ARM’S LENGTH
by monitoring legal entity profitability while actively supporting corporate tax strategies.
MANAGE
intercompany sales of goods and other transactions to ensure they are priced and posted in MyABCM in line with the OECD’s arm’s length pricing policies.
CHECK THAT TRUE-UPS AND ADJUSTMENTS
are accurately processed and reflected in TP reporting figures regardless of frequency.
ENGAGE KEY STAKEHOLDERS
across the organization using MyABCM technology that manages complexity and improves data accessibility and availability.
COMPLY WITH GLOBAL TP DATA REQUIREMENTS
by accessing instant views across the entire group on entities, transactions, costs, products, and accounts.
MONTHLY MONITORING
with little to no manual data manipulation and measurement of the impact of any Transfer Pricing scenario on group financials, bottom-line, and Effective Tax Rate.