In Hungary, taxpayers must report the domestic purchase invoices list to NAV on a monthly base as part of the VAT return. Often this reporting requirement is a manual exercise, especially when due to threshold applicable, the number of invoices was limited. That changed starting 1 July 2020, the threshold was removed, and all invoices have to be submitted.
How can we provide support:
- In the short term, we provide a workaround solution that is already used by our clients. KG provides data conversion services. KG has developed a MacroExcel file that converts data into a required XML format that can be uploaded to the ANYK application. The MacroExcel transforms the data for the VAT return (part A) and a list of purchase invoices (part M). Your company will send us the data, and we will upload it in the MacroExcel, convert the data, and send it back XML files.
- Based on this MacroExcel exercise, we will have a quick understanding of your current process, and your company will meet at the same time already the reporting requirements immediately. We can use that MacroExcel subsequently to efficiently and effectively develop this new functionality/feature in your SAP add-on for Hungary.
What is an SAP add-on?
An SAP add-on enhances standard SAP itself.
Add-on components are extra functionalities that do not come with the main SAP product. Different organizations have different requirements. SAP has recognized that and facilitated that additional functionality can be added and that such functionality as a component can be integrated with Standard SAP.
An add-on is permitted by SAP – the code 'ABAP' is written and transported where SAP allows it. That means these add-on components sit above the core and access the same dictionary objects or repository objects and perform the required functionality. It contains custom authorization objects according to SAP standards.
SAP add-on solutions are, therefore, without an external interface or external software and can be implemented with minor or no SAP impact in any other area. An SAP add-on does not change the programming code of SAP. As a result, SAP upgrades do not lead to any problems, and maintenance is straightforward. Additional functionality is added to Standard SAP.
Written by Richard Cornelisse
Richard advises multinational businesses in improving the efficiency and effectiveness of their Indirect Tax Function and Tax Control Framework.
He started his career as a manager at Arthur Andersen and then became a partner in EY where I led the indirect tax performance team for Netherlands and Belgium. Currently, he is a senior managing director of KEY Group.
Richard has over 20 years’ experience advising clients on international VAT issues. He is specialized in the tax aspects of financial transformations, shared service center migration, and post-merger integration work. Richard is also somewhat of a mentor, giving back to the profession. If you are interested in conversation and discussion, please feel free to contact him.