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Accounting & Tax Services Ontology

Comprehensive domain knowledge for accounting firms, tax advisors, and financial professionals.

Overview​

The Accounting ontology provides AI agents with deep understanding of:

  • Bookkeeping and general ledger management
  • Tax preparation and planning
  • Audit and assurance services
  • Financial reporting and compliance
  • Client advisory services

Key Entities​

EntityDescriptionAttributes
ClientBusiness or individual clientType, Industry, Fiscal Year, Status
AccountGeneral ledger accountNumber, Type, Balance, Category
TransactionFinancial transactionDate, Amount, Account, Description
Tax ReturnTax filingType, Period, Status, Due Date
InvoiceClient billingAmount, Services, Due Date, Status

Common Workflows​

Month-End Close​

graph LR
A[Receive Transactions] --> B[Reconcile Accounts]
B --> C{Balanced?}
C -->|Yes| D[Generate Reports]
C -->|No| E[Investigate]
D --> F[Review & Approve]

Tax Return Preparation​

  • Document collection and organization
  • Income and deduction categorization
  • Form preparation and review
  • E-filing and confirmation
  • Client communication

Regulatory Compliance​

RegulationScopeKey Requirements
GAAPFinancial reportingStandardized accounting principles
IRS CodeTax complianceAccurate tax reporting and filing
SOXPublic companiesInternal controls, financial reporting
State RegulationsTax and licensingState-specific requirements

Prompt Templates​

Client Inquiry​

As an accounting assistant, help the client with their
question about {topic}. Reference their account history,
tax situation, and applicable regulations. Provide clear,
accurate guidance while noting when professional review
is required.

Transaction Categorization​

Analyze this transaction:
- Description: {description}
- Amount: {amount}
- Date: {date}

Suggest appropriate GL account, tax category, and any
required documentation based on accounting standards.

This ontology is continuously updated based on regulatory changes and accounting best practices.