The collection of all relevant information on all constituent entities (CEs) is among the most time-consuming aspects of tax reporting and requires a high degree of coordination. However, in complex data collection processes, maintaining an overview of the current status is crucial for ensuring accuracy and compliance. Therefore, in the Pillar 2 module, every CE has its own milestone that helps tracking progress and coordinating efforts. These milestones provide a quick and easy way to assess the current state of data entries and ensure both accuracy in individual entries and consistency across all CEs.
Milestones are also crucial from a tax compliance perspective. Hence, when a user changes a milestone, the Pillar 2 module logs the user name and the time when the change was made. Additionally, you can modify user roles to make sure that a user who closes a milestone cannot also set its status to checked. Thereby, the Pillar 2 module ensures compliance with the four-eye principle.
