Monthly Archives: August 2014

SAP and ABC transaction with drop shipment

p>If the aim of an organization is full VAT automation of AP and AR, it is important to understand what exactly makes standard SAP not functioning optimally from an Indirect Tax perspective. Only then it is possible to validate whether … Continue reading

Posted in Automating complex VAT flows in SAP, Control Framework, enhancement implementation, SAP add on, SAP enhancement point, SAP for VAT, SAP implementation, user exit, VAT automation, VAT Control | Leave a comment

SAP and VAT simplified triangular

Triangulation is used to describe a ABC chain transaction, which involves three different parties where the products are shipped directly by party A to party C. Party B acts as intermediary, never physically receiving the products. A cross-border triangulation sale … Continue reading

Posted in Automating complex VAT flows in SAP, Control Framework, SAP add on, SAP enhancement point, SAP for VAT, SAP implementation, user exit, VAT automation, VAT Control | Tagged , , , , , , | Leave a comment

SAP and Plants abroad

The SAP ‘Plants abroad’ functionality is designed to handle tax issues for companies that have warehouses/distribution centres and VAT registration numbers in more than one EU country. The functionality enables the use of different Tax reporting countries within one company … Continue reading

Posted in Automating complex VAT flows in SAP, Control Framework, SAP add on, SAP implementation, VAT automation, VAT Control | Tagged , , , , , , , , , | Leave a comment

SAP Implementation for VAT

Written by Richard Cornelisse and Robbert Hoogeveen For nearly every company, the accuracy and efficiency of local-country VAT compliance is nearly completely dependent on the functionality of the underlying ERP system. Operational malfunctions in a system that is used to … Continue reading

Posted in Automating complex VAT flows in SAP, Control Framework, enhancement implementation, SAP add on, SAP enhancement point, SAP for VAT, SAP implementation, user exit, VAT automation, VAT Control | Leave a comment

Import and Export indicator for chain transactions

In chain transactions with non EU countries the correct VAT treatment depends on which party is acting as importer or exporter of records. Additional data have to be used to either default the party acting as importer or exporter of … Continue reading

Posted in Automating complex VAT flows in SAP, Control Framework, enhancement implementation, SAP add on, SAP enhancement point, SAP for VAT, SAP implementation, user exit, VAT automation, VAT Control | Tagged , , , , , | Leave a comment

Premium package: SAP add-on for VAT

The Premium package contains all the features of the Standard Package functionality and has extra features for full automated VAT determination and automated VAT control for the sales transactions. The Premium package enables – without interface or external software – … Continue reading

Posted in Automating complex VAT flows in SAP, Control Framework, enhancement implementation, SAP add on, SAP enhancement point, SAP for VAT, SAP implementation, user exit, VAT automation, VAT Control | Tagged , , , | Leave a comment

Standard Package: SAP add-on for VAT

The Standard package is primarily designed for companies that run medium complex business models. It offers a VAT compliant determination solution and does not only address the shortcomings in standard SAP VAT determination, but also ensures control of VAT with … Continue reading

Posted in Automating complex VAT flows in SAP, Control Framework, enhancement implementation, SAP add on, SAP enhancement point, SAP for VAT, SAP implementation, user exit, VAT automation, VAT Control | Tagged , , , , | Leave a comment