vlag UK

On 6 November 2020, the French Government introduced mandatory electronic invoicing for domestic transactions between companies (e-invoicing) and an obligation to transmit invoicing and payment data for transactions carried out with individuals or foreign operators (e-reporting).

Starting 1 January 2023, all taxpayers will have an obligation to receive electronic invoices. The reporting requirements for e-invoicing and e-reporting for outgoing invoices would apply from 1 January 2023 for large companies, from 1 January 2024 for medium-sized companies. From 1 January 2025 for tiny, small, and medium-sized companies.

SAP add-on for e-invoicing via clearance model

Roadmap to Tax and IT function effectiveness

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.

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