Description
Tax compliance is critical. Get the concrete guidance you need for direct and indirect taxes in SAP S/4HANA with this book! Understand the organizational structure of your tax setup, and then see how to configure standard tax settings in your system. Follow step-by-step instructions for both indirect and direct tax determination, and learn about tax reporting and monitoring requirements. With coverage of add-ons, custom coding, and project management, this is your comprehensive guide to global tax! In this book, you’ll learn about: a. Configuration Tailor tax settings to your exact specifications. Learn how to customize standard settings for financial accounting, sales and distribution, and materials management. b. Direct and Indirect Taxes Walk through tax determination, step by step. Set up indirect tax determination for purchasing, sales, and special processes. Learn about direct tax decision parameters and configure key fields in the general ledger, tax ledger, and more. c. Reporting and Monitoring Understand your reporting and monitoring requirements for taxes. Explore SAP tax solutions such as SAP Advanced Compliance Reporting and SAP Tax Compliance, and then discover third-party tax solutions from Vertex, Thomson Reuters, and more. Highlights include: 1) Organizational structure 2) Configuration 3) Indirect tax determination 4) Direct tax determination 5) Tax engines 6) Tax reporting 7) Indirect tax monitoring 8) User exits 9) Project management Michael Fuhr is addicted to indirect tax technology as a certified tax advisor with a business informatics background. He co-leads the German EY indirect tax technology practice and is responsible for the Bavarian region as the indirect tax technology associate partner at EY Munich. Together with his team, he delivers end-to-end indirect tax solutions that enable data-based indirect tax management for multinational and regional clients. As deputy lead of expert committee III of the Institute of Digitization for Taxes, Michael is part of a community to shape the future of indirect tax developments for real-time reporting and e-invoicing. … Preface … 13 … Objective of This Book … 13 … Readers of This Book … 14 … Structure of This Book … 14 … Acknowledgments … 16 1 … Introduction to Taxes with SAP S/4HANA … 17 1.1 … The Tax Function … 17 1.2 … The Tax Operating Model and SAP S/4HANA … 22 1.3 … Taxes with SAP S/4HANA … 30 1.4 … Getting Started with SAP S/4HANA … 47 1.5 … End-to-End Processes … 55 1.6 … Summary … 60 2 … Indirect and Direct Tax Requirements … 61 2.1 … Indirect Tax … 61 2.2 … Direct Taxes … 86 2.3 … Summary … 95 3 … Basic Settings in SAP S/4HANA … 97 3.1 … Financial Accounting … 97 3.2 … Sales and Distribution and Materials Management … 133 3.3 … Integration of SAP Modules in Tax Determination … 160 3.4 … Smart Forms … 170 3.5 … Summary … 173 4 … Indirect Tax Determination in SAP S/4HANA … 175 4.1 … Condition Logic in SAP … 175 4.2 … Indirect Tax Determination in Purchasing … 198 4.3 … Indirect Tax Determination in Sales … 208 4.4 … Special Indirect Tax Transactions … 217 4.5 … Summary … 249 5 … Indirect Tax Engines and Add-Ons … 251 5.1 … SAP Condition Logic … 251 5.2 … Add-Ons … 253 5.3 … Tax Service with SAP … 253 5.4 … External Tax Engines … 256 5.5 … Decision Support for Vendor Selection … 258 5.6 … Summary … 260 6 … Custom Coding for Indirect Taxes … 261 6.1 … ABAP Basics for Indirect Tax … 262 6.2 … User Exits for Tax Determination in Sales … 266 6.3 … Customer Exits for Tax Determination in Purchasing … 280 6.4 … Summary … 289 7 … Direct Taxes in SAP S/4HANA … 291 7.1 … Direct Tax Basics … 291 7.2 … Organizational Structures … 295 7.3 … Master Data … 317 7.4 … Tax Tagging … 322 7.5 … Direct Tax Data Analytics and Monitoring … 326 7.6 … Direct Tax Filing and Reporting … 332 7.7 … Direct Tax Planning with SAP Analytics Cloud … 340 7.8 … Summary … 347 8 … Managing Transfer Prices in SAP S/4HANA … 349 8.1 … Operational Transfer Pricing … 349 8.2 … Transfer Price Calculation … 357 8.3 … Transfer Price Determination … 364 8.4 … Transfer Price Monitoring and Adjustments … 364 8.5 … Transfer Price Reporting and Simulation … 371 8.6 … Transfer Price Testing and Compliance … 373 8.7 … Summary … 377 9 … Tax Reporting in SAP S/4HANA … 379 9.1 … Worldwide Tax Reporting Requirements … 379 9.2 … Standardized Tax Reporting in SAP … 385 9.3 … SAP Document and Reporting Compliance for SAP S/4HANA … 398 9.4 … Summary … 412 10 … Tax Monitoring in SAP S/4HANA … 413 10.1 … Why Monitor Tax? … 413 10.2 … Tax Monitoring Requirements … 417 10.3 … Tax Control Framework … 419 10.4 … SAP Solutions for Indirect Tax Monitoring … 424 10.5 … Monitoring with SAP Tax Compliance … 429 10.6 … Summary … 438 … Appendices … 439 A … Europe … 441 B … India … 461 C … North America … 465 D … The Authors … 473 … Index … 475
