Tag Archives: data analytic

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

Posted in Automating complex VAT flows in SAP, Control Framework, SAP add on, SAP for VAT, 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

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

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