Simplified Implementation and Effortless Data Conversion

Implementing new software systems is a challenging task for rate-regulated utilities given the scope and complexity of their operations. The importance of seamless implementation and accurate data conversion cannot be overstated. Lucasys Depreciation was designed to address the unique challenges faced by rate-regulated utilities and provides an effortless implementation process.

Vadim LantukhJune 28, 2023tax, accounting, software, tax fixed assets, lucasys tax, lucasys, data, deferred tax, tax depreciation, rate-regulated, rate regulated utilities, investor-owned, depreciation systems, tax accounting software, fixed asset accounting

Lucasys Depreciation Simplifies Fixed Asset Tracking for Utilities

Lucasys Depreciation was designed to streamline depreciation for utilities, with advanced reporting and dashboard functionality that make it easier for financial and tax teams to stay compliant while saving time and effort. Calculating and tracking fixed asset depreciation can be a complicated and time-consuming process, especially for rate-regulated utilities. Large quantities of assets and strict accounting regulations add complexity to what should be a straight-forward process. Whether you're a finance professional, tax professional, or someone interested in learning more about how technology can simplify complex financial processes, Lucasys Depreciation has the answers.

Vadim LantukhMay 23, 2023Lucasys, Inctax, accounting, tax fixed assets, fixed asset accounting, fixed asset solutions, lucasys tax, lucasys, tax depreciation, utilities, rate regulated utilities, investor-owned, best-in-class software, tax accounting software, depreciation systems, fixed asset