Fundamentals of PowerPlan Tax Repairs - Open Enrollment

PowerPlan Tax Repairs provides an auditable and automated process for calculating and managing tax repairs for asset intensive industries.  This course will introduce users to how to expense repair costs for tax while capitalizing costs for book. By learning how to create and manage units of property (UOPs), identify and set up property testing on a work order level, and managing the timing, scope, and testing results, this course will help users feel confident in their property tax expenses from both a book and tax point of view.

Topics:

• Navigating the Tax Repair Module
• Configuration Basics
• Processing Tax Repairs
• Running Reports
• Data Process Validation
• Integrating with other PowerPlan modules

Objectives:

At the end of this course, you will be able to:

• Dscribe the features and benefits of Tax Repairs
• Navigate the Tax Repairs user interface
• Describe the structure and setup of Tax Repairs
• Review and Prepare Work Orders for processing
• Proces Tax Repairs data
• Run Tax Repairs reports and queries
• Post monthly Tax Repairs Data
• Update Tax Repairs Thresholds annually
• Discus how Tax Repairs integrates with Project Management

Intended Audience:

Tax Accountants and Managers, Plant Accountants and those that require refresher training on the Tax Repairs module.

Additional Information:

Prerequisites: Participants should be familiar with IRS Code for Tax Repairs Revenue Procedures (Rev Procs).

Advanced Preparation: None

Program Level: Basic

Delivery Method: Group Live

CPE Credits = 8 credits possible (1 Accounting, 7 Tax) 

Schedule will be as follows:

The class on October 21-22, 2025 will be held in person at the Atlanta Office from 10:00am-3:00pm  each day with a one hour break for lunch.

Attendees will be required to bring their own device to the training session in Atlanta.

In order to be awarded the full credits, participants must be present the entire training session. Credits will be rounded down to the nearest half credit. 

For information regarding refund, complaint, and/or program cancellation policies please visit our website

https://powerplan.com/support/powerplan-university/training-policy-1

PowerPlan is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website www.nasbaregistry.org. PowerPlan’s NASBA Sponsor Number is 105404