In SAP, tax values for invoicing items are calculated when creating billing documents or sales orders. The process involves computing taxes for billing documents using condition techniques, which consider essential factors such as the departure country, destination country, customer tax classification, and material tax classification.
Incorrectly setting up tax determination logic can lead to inaccurate tax reporting and unprocessed orders. Errors in VAT treatment on invoices may trigger customer rejections and nonpayment, while tax authorities could impose owed VAT, potentially leading to full-blown tax audits.
How KGT can support you?
When your SAP VAT determination logic needs rectification, KGT is committed to providing a thorough end-to-end solution to address and remediate any underlying issues. As an SAP tax consultancy firm, KGT offers best-practice recommendations and implements agreed-upon solutions directly within SAP.
As a recognized leader and long-standing official 'SAP Build partner', KGT specializes in developing SAP add-ons for VAT reporting, EC listing, e-invoicing, and SAF-T reporting. Our solutions support a company's tax control framework and include features such as Intrastat reporting, VAT number validation, and VAT data analytics. We provide comprehensive tax solutions that support our clients throughout their entire tax lifecycle within SAP. Our services are utilized by reputable multinational companies across Europe and beyond.
KGT is a SAP partner for PE services and SAP Build partner, and to become an SAP partner, strict due diligence requirements must be met, including having certified SAP consultants. You can find us at: https://partnerfinder.sap.com/profile/0001925409
