SAP Tax Compliance

Name: leverX Company
Brand: LeverX
Rating: 4.9 (114 reviews)

Streamline and automate tax compliance checks to reduce risks and potential tax issues

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SAP Tax Compliance is a solution that helps businesses manage tax control and compliance processes. It automates tax audits using predefined rules and scenarios to help verify the correctness and completeness of tax data and documents. The solution identifies and classifies potential tax risks and provides analysis and reports on these risks.

Continuous monitoring of transactions and operations ensures compliance with tax requirements and adaptation to changes in tax laws. The solution integrates with internal and external systems to collect and analyze data, while also maintaining documentation and audit logs. SAP Tax Compliance provides detailed reports and analytical summaries of tax audit results and uses analytical tools to evaluate the effectiveness of tax control.

Optimized tax control management

The solution provides a centralized, enterprise-wide repository for managing tax controls across the entire organization.

Automated screening

SAP Tax Compliance automates the screening process for all tax-relevant transactions, ensuring their thoroughness and consistency.

Machine learning capabilities

This SAP module utilizes machine learning to improve rules, prioritize checks, predict high-risk transactions from historical data, and suggest error sources and resolutions.

Increased quality of tax data

The SAP Tax Compliance solution enhances the quality of tax data through automated validation and error detection.

Compliance cost minimization

This solution helps businesses reduce the costs associated with tax compliance by streamlining processes and improving efficiency.

Consolidation of tax compliance activities

SAP Tax Compliance consolidates appropriate activities within one comprehensive solution, improving overall compliance.

Automated tax calculation

Automates the calculation of taxes to ensure accuracy and consistency.
Updates regularly to reflect changes in tax laws and regulations.

Tax reporting

Generates detailed tax reports for various jurisdictions.
Ensures that reports meet the requirements of tax authorities.

Data integration

Integrates with other SAP modules like SAP ERP and SAP S/4HANA, providing a single source of truth for tax-related data.
Enables real-time processing and reporting of tax data.

Tax determination and jurisdiction handling

Supports tax determination for multiple jurisdictions and tax types (e.g., VAT, GST, sales tax).
Configures tax rules and rates based on specific business needs and legal requirements.

Compliance monitoring

Maintains a detailed audit trail of all tax-related transactions and changes.
Provides alerts and notifications for potential compliance issues.

Advanced analytics

Offers advanced analytics and reporting tools to analyze tax data and identify trends or anomalies.
Features customizable dashboards for monitoring tax compliance status and KPIs.

Integration with external systems

Supports integration with external systems and tax authorities for seamless data exchange.
Can be integrated with third-party applications for enhanced functionality.

Risk management

Identifies and assesses tax compliance risks.
Provides tools and strategies to mitigate identified risks.

Security and compliance

Ensures data security through robust encryption and access control mechanisms.
Complies with various regulatory standards for data protection and privacy.

Compatibility with local tax regimes

SAP Tax Compliance adapts to a broad range of regional tax requirements. The solution supports local tax formats, reporting standards, and digital compliance frameworks. You can achieve complete regulatory alignment in every supported country.

E-invoicing

SAP Tax Compliance addresses electronic invoicing requirements in countries like Italy, Poland, and France. Our solution ensures that e-invoices meet government-mandated formats and are submitted to local tax authorities in real time. Thus, organizations avoid penalties and stay compliant with rapidly evolving e-reporting laws.

SAF-T

The solution facilitates Standard Audit File for Tax (SAF-T) compliance in jurisdictions like Portugal, Lithuania, and Norway. It allows resident companies to generate structured audit files in the required XML formats and automates the extraction and submission of data to meet local audit standards.

KSeF

SAP Tax Compliance provides functionality to support compliance with Poland’s Krajowy System e-Faktur (KSeF). It helps ensure proper formatting, validation, and communication with the KSeF platform. The solution streamlines the exchange of structured e-invoices in compliance with local legal frameworks.

Multi-tax type handling

SAP Tax Compliance handles various types of taxes, including:

VAT (Value Added Tax)
GST (Goods and Services Tax)
CIT (Corporate Income Tax)
WHT (Withholding Tax)

Our solution is compatible with jurisdiction-specific rates, exemptions, and rules, allowing for accurate tax calculation, reporting, and audit.

To ensure comprehensive tax management, SAP Tax Compliance can integrate with some other SAP modules across different lines of business.

SAP FI (Financial Accounting): Leverage financial data about company transactions to verify tax amounts and calculations; reconcile statutory with management accounting.
SAP MM (Materials Management): Manage VAT on purchases and analyze the tax obligations of the supply chain.
SAP SD (Sales and Distribution): Monitor sales taxes and potential compliance issues in domestic and export transactions.
SAP GTS (Global Trade Services): Align foreign trade data with tax liabilities and ensure customs compliance.
SAP GRC (Governance, Risk and Compliance): Define tax control rules and policies, initiate investigations, and centralize compliance oversight.
SAP DRC (Document and Reporting Compliance): Automate e-invoicing, SAF-T, KSeF, and other electronic reporting formats; submit electronic reports directly to tax authorities.
SAP SAC (Analytics Cloud): Visualize tax risks, identify violations, and measure audit performance with interactive dashboards.

Why LeverX?

Proven track record

For over 20 years, we have helped businesses worldwide succeed with SAP. We’ve already completed 950+ projects for over 800 clients, including top names on the Fortune 500 list.

Industry experts

The LeverX team comprises professionals with hands-on knowledge in 30+ industries, including manufacturing, logistics, and oil  and gas.

SAP partnership

We implement SAP projects end-to-end  and collaborate with SAP on the development and enhancement of its existing solutions.

Quality and security

LeverX operates in compliance with international standards such as ISO 9001, ISO 27001, ISO 22301, and ISO 55001, ensuring reliability and quality in every project.

Investment in innovation

We actively integrate advanced technologies, such as Data Science, IoT, AI, Big Data, Blockchain, and others, to help clients efficiently address their business challenges.

Flexibility

Our team is available 24/7, which enables us to quickly deploy projects, maintain process transparency, and adapt each development phase to meet your specific requirements.

Implementation Roadmap

We follow the SAP Activate methodology, which divides the implementation of SAP Tax Compliance into six essential phases:

Current processes evaluation: Assess existing business processes and identify the organization's needs.
Defining technical requirements: Create a detailed specification of the functional and technical needs of the new system.

Discover

Setting goals and objectives: Establish and agree on the goals to be achieved throughout the project.
Assembling the project team: Appoint team members and define their roles and responsibilities.
Project plan development: Create a comprehensive plan that outlines project phases, timelines, resources, and key performance indicators.
Budget determination: Estimate and approve the budget.
Specifications preparation: Develop the technical and functional specifications for the development team.

Prepare

Ensuring business requirements are met: Check that SAP Tax Compliance aligns with business requirements and project objectives.
Data validation: Verify the accuracy and compliance of the data.

Explore

Data migration: Transfer data from existing systems to the new one.
System configuration: Set up the solution according to requirements and specifications.
Customization: Develop additional features and modules, if the standard solution does not meet all needs.
Integrations: Configure SAP Tax Compliance to work with other IT systems and applications.

Realize

Testing: Perform functional, integration, regression, and load testing to ensure that all works correctly.
User training: Organize sessions to help users become familiar with the new system.

Deploy

System readiness check: Verify that the system is ready for operational use.
Launch: Officially transition to active use of
Ongoing support: Continuously monitor solution performance to identify and resolve any issues.

Run

What is SAP Tax Compliance?

Think of it as a specialized, automated audit assistant that works 24/7 inside your SAP system. Its primary function is proactively checking transactions against a central set of tax rules before they become problems. Instead of finding errors during periodic reviews, it flags potential risks in real time, allowing tax and finance teams to focus only on the exceptions that require human expertise.

What makes SAP Tax Compliance different from traditional tax control tools?

SAP Tax Compliance combines real-time data access, advanced analytics, and rule-based automation in one integrated solution. Unlike traditional tax control tools that work retrospectively, this solution enables proactive risk detection and decision-making within the daily transaction flow.

What types of users can work with SAP Tax Compliance?

Tax managers, internal auditors, compliance officers, and finance analysts typically use the solution. It’s also helpful for IT administrators who manage SAP integrations and ensure that tax data flows correctly between systems.

How does the solution handle frequent changes in tax laws and regulations?

The solution uses a two-pronged approach. First, SAP provides updates for major regulatory changes that can be implemented into the system. Second, and more importantly, it features a flexible rule engine designed for business users. This allows your internal tax experts to quickly create, test, and deploy new rules to adapt to specific local legislation or internal policies without long IT development cycles.

1

An expert will reach out to you to discuss your specific needs and requirements.
2

We'll sign an NDA to ensure any sensitive information is kept secure and confidential.
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We'll work with you to prepare a customized proposal based on the project's scope, timeline, and budget.