Our large taxpayer clients are selected for mandatory e-invoicing in Egypt as the first wave. KG completed the development for the Egyptian SAP add-on, and the User Acceptance Testing is in the final stage before moving to the production environment.
What do we offer?
In Egypt, certain VAT-registered businesses must issue electronic tax invoices that include the electronic signature of its issuer and the standard code for the good or service subject to the invoice approved by the Egyptian tax authorities. KGT has a proven solution and a process to implement quickly within 3 to 4 weeks. The key benefits:
- Digital Signature Integration
- Decimal Points calculation to meet Tax Authority 5 decimal point requirements without changing SAP Rounding up or Down Configuration
- Improved digital taxpayer experience
- Validate invoice items and data for parties before issuing
- Help company to make reports and quick accurate analysis for the purpose of decision-making support
- Reduce the administrative burden, cost of transactions and the need to archive paper invoice
- Reduce the administrative burden, cost of transactions and the need to archive paper invoice procedures
SAP add-on for Egypt e-invoicing 2021
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.
SAP add-on for Egyptian e-invoicing via clearance model
KGT SAP add-ons for SAF-T, e-invoicing and MTD UK for VAT work as a standalone application within the SAP system and does not change existing customer SAP functionality or processes. It is fully configurable with custom namespace /KGT.
KGT partnered up with SAP regarding 'SAP Advanced Compliance Reporting for SAP HANA'. The 'Advanced Compliance Reporting' (ACR) service enables you to configure, generate, analyze, and electronically submit statutory reports that contain indirect taxes, such as value-added tax.
KGT provides also S/4 HANA transformation support.