Category Archives: Control Framework

SAF-T for Poland and SAP

From 1st July 2016 onwards it is required to provide SAFT-PL files (in Polish: “Jednolity Plik Kontrolny” or “JPK”) in XML format on request of the PL Tax authorities. Filing SAF-T will be mandatory for large taxpayers: employ more than 250 … Continue reading

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Where you are and where you want to go

Benchmark information, templates, modules and approaches are shared to support VAT process improvements and meet business objectives The global tax environment is changing rapidly. How do you anticipate, prepare for and manage these changes? The thought leadership publications on the GITM website could support but also … Continue reading

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Eight out of ten businesses still using spreadsheets for VAT compliance

More than 80% of businesses are still using spreadsheets to manage their VAT compliance in at least one jurisdiction in which they operate, despite tax authorities around the world investing in better tools. (International Tax Review by Avalara as part of … Continue reading

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Benchmark your VAT control framework

Benchmark information, templates, modules and approaches are shared to support VAT process improvements and meet business objectives The added value of benchmarking the VAT function against best practices in the market is to gain objective evidence to what has already … Continue reading

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Learning Lab: ‘cross border movements in SAP’

We hosted the Learning Lab of the sharedserviceslink Conference – VAT compliance through SAP Control – in London November 19-21, 2014 on the topic ‘cross border movements in SAP’.  The objective was to facilitate and share knowledge on SAP and … 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

Conceptual thinking

Every feature developed by Taxmarc™ improves indirect tax performance of SAP in a specific area. For example the time stamped tax code solution prevents that a company ever runs out of tax codes. During our design phase the performance should … Continue reading

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Realizing it all

Our features realize automated VAT determination based on real time data for incoming and outgoing invoices even for the most complex transactions. Because the decision tree of Taxmarc™ is integrated in SAP as part of the Tax Control Framework, SAP … 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