Germany and e-invoicing via clearance model
On the Germany Bundestag, "Introduction of a Digital System against VAT fraud" (February 10, 2021), the German introduction of mandatory e-invoicing is considered based on the Italian clearance model.
In Italy, resident taxpayers submit their sales invoices to the tax authority's platform for approval. The tax authorities forward any approved invoices to customers for VAT processing and payment approval. Only the e-invoice is the VAT document for VAT deduction.
E-invoicing methods and overview of new country rollouts
SAP add-on for 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.
