Documenting Your SR&ED Claim, While Increasing Organizational Efficiency and Effectiveness
Summary
“We recognized the importance of having a robust and non-intrusive time-tracking system created to capture SR&ED activities, which is why we chose to partner with DOVICO Software,” explains Danny Ladouceur, Principal & Co-Founder.To learn more about the software and/or if you would like to book a training session for your team on how to identify what is SR&ED please contact Michelle Ross at michelle.ross@sredone.ca.Our team of professional consultants that cover all fields of science and finance, deliver quality results using our proven methodology, which has earned us a solid reputation with CRA.This can prove to be very challenging without a proper time-tracking system in place, which is why we are pleased to be offering this system to all our clients, ensuring they accurately capture all SR&ED eligible activities and costs throughout the year, with minimal effort and disruption to employees’ regular activities,” explains Mintah.Some of the benefits of the system include:Being simple, intuitive and non-time consuming, this system helps capture information about technological challenges and experiments conducted.Making it easier for clients to ensure they are claiming all eligible projects.Protecting clients in the event of staff turnover.Ensuring compliance with the CRA SR&ED guidelines, making it difficult to ever be denied by CRA due to lack of documentation.Having strong technical history and details, which make it possible to conduct a more comprehensive costing analysis, ensuring the claim is fully optimized.Software created to help clients effectively manage other aspects of their business.Providing valuable tools in project planning, resource allocation, time tracking and access to a wide range of reporting functionality including costing and forecasting tools.Resource level functionality to facilitate "what if" scenarios so managers can continually and easily adjust plans on the fly.Tracks actual hours against budgeted hours to monitor progress.The SR&ED ONE Documentation System, powered by DOVICO is also available as an App for iPhone & iPod Touch users.Our team of professional consultants that cover all fields of science and finance, deliver quality results using our proven methodology, which has earned us a solid reputation with CRA.