VAT

[12 Matches Found]
 
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by Kees van Westerop, Senior SAP Consultant, Kwest Consulting April 22, 2016
Financials – 

In this article Kees van Westerop explains how to use report RFUMSV25 to automatically make the transfer posting for taxes on sales or purchases.


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by Kees van Westerop, Senior SAP Consultant, Kwest Consulting November 17, 2015
Financials – 
Kees van Westerop explains how to deactivate invalid VAT codes that have accumulated in your SAP system so that your SAP search functionality remains up to date.

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by Kees van Westerop, Senior SAP Consultant, Kwest Consulting April 29, 2013
SAP Professional Journal/Financials – 
GRC – Follow a checklist of prerequisites to ensure acquisition tax accrual functionality works correctly in your SAP system.

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by Kees van Westerop, Senior SAP Consultant, Kwest Consulting January 8, 2013
Financials – 
If VAT rate percentages change, do you know how to update them in your SAP ERP system? Follow the guidelines in a checklist of the most common activities in the SAP ERP Central Component (SAP ECC) system to know what needs to be done if the VAT rates change.

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by Kees van Westerop, Senior SAP Consultant, Kwest Consulting December 6, 2011
Financials/SAP Professional Journal – 
In a few European Union (EU) countries, companies receiving goods without an invoice receipt must make an acquisition tax accrual and include it in a value-added tax (VAT) declaration to be able to comply with legal reporting requirements. The goods must have been shipped from other EU countries. Discover how SAP’s acquisition tax accrual functionality expedites this process.

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by Kees van Westerop, Senior SAP Consultant, Kwest Consulting June 30, 2011
Financials – 

Learn how to prepare reports based on value-added tax (VAT) liability dates to comply with European legal requirements.


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by Yogesh Lohiya, Senior Consultant, Infosys Ltd. June 24, 2011
SCM – 

Walk through the steps one company took in SAP logistics to properly apply value-added tax on import purchases, thus avoiding complex configuration.


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by Kees van Westerop, Senior SAP Consultant, Kwest Consulting October 27, 2009
Financials/SAP Professional Journal – 
Many organizations in the EU use Value Added Tax (VAT) on certain sales. However, not all sales allow VAT charges. If you’re a company providing products that are both VAT-eligible and VAT-ineligible, how do you account for this in your system? See how to set up and customize pro-rata VAT in your SAP system.

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by Kees van Westerop, Senior SAP Consultant, Kwest Consulting March 15, 2008
Financials/SAP Professional Journal – 

Within several European Union countries it is legally required to report within the G/L the acquisition costs of materials that are put on stock. The SAP system uses functionality called Purchase Account Management to meet this requirement. Discover what this functionality is, how to set it up, and what the result looks like.


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by Kees van Westerop, Senior SAP Consultant, Kwest Consulting February 15, 2008
Financials/SAP Professional Journal – 

Deferred Value Added Tax (VAT) is a special VAT that you only need when reporting to the tax authorities after the related invoice has been paid. See how to do this in the SAP system by linking a special target VAT code to a deferred VAT code.


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by Kees van Westerop, Senior SAP Consultant, Kwest Consulting September 15, 2007
Financials – 
Learn what a reverse charge VAT is and how to set it up in your SAP system.

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by Roy Brookes, Senior FI/CO Consultant October 15, 2003
Financials – 
Learn what VAT is, how it works, and how it can be customized in an SAP context. You’ll see why it is sometimes necessary to make manual entries after you have customized VAT, even though VAT is a fixed percentage.