A success story about how flexible and solutions-oriented KGT is when a client suddenly faces a major SAP issue.
While installing our E-invoicing solution for Egypt, we discovered that the rounding rules in the company's SAP setup did not comply with Egyptian tax regulations. Resolving an issue like this typically takes several months, but KGT could fix it in just a few days.
KGT's SAP add-on design is flexible, allowing quick adjustments. However, the conflicting rounding tax rules challenged the client's SAP setup. The Egyptian tax authorities required rounding up to five decimal places, while the client's SAP system was configured for only two decimal places. Initially, the client projected that resolving this issue would take around four months, which would have caused them to miss the mandatory go-live date. In response, KGT developed a workaround solution within a few days.
This operational solution recalculates the required rounding to comply with current tax rules within an SAP table. It provides a dashboard displaying the standard SAP numbers and the necessary adjustments to meet the Egyptian Tax Authority's decimal requirements. Additionally, the solution includes an option to quickly deactivate the decimal adjustments once the ETA approves the decimal tolerance.
As a result, the client could meet the tax reporting requirements on time.
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:
- Enhance your SAP tax determination process with the KGT SAP add-on
- SAP add-on for EU VAT and EC listing reporting
- KGT SAP add-on for managing all your e-invoicing needs
- KGT SAP add-ons for managing all your SAF-T needs
- KGT SAP add-on for Validating VAT Numbers in SAP
- KGT SAP add-ons for managing all your Intrastat needs
- SAP add-on for VAT data analytics
- Implementing and configuring SAP DRC
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
