sap solutions for global tax management...india gst brazil nota fiscal (nfce) mexico e-invoice china...

PUBLIC

SAP Globalization Services

April, 2021

SAP Solutions for Global Tax ManagementHolistic Portfolio for Indirect Tax

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Disclaimer


WELCOME

Atsuko Eguchi

▪ Senior Product Manager at Globalization Services

▪ 19 years with SAP

▪ Tax Domain owner at Globalization Product Management

Tax Trends


Trade and Regulatory Reforms To empower, engage, & excite the core of our organization &

our people - People EmpowermentGlobal Economic Disruptions

We are Surrounded by Drivers of Transformation

Sustainability & Climate Change

Emerging Technological Trends

Digitalization of Businesses & Governments


Evolving Regulations Require Constant Attention

India GST

Brazil Nota

Fiscal (NFCe)

Mexico

e-Invoice

China Golden Tax

GCC VAT

Russia VAT

Australia Single Touch

Payroll

NAFTA

US FDI filing

US 10+2 filing

Tax Coll. Cert. (CPE)

Japan eTax

China Customs Handbook

Poland

SAF-T

Australia

GST

CZ eBalanceSheet

Argentina Electronic

Invoicing WS” (AEI WS)

Singapore GST

API

Malaysia

SSTST

Egypt

e-invoicing

Portugal

SAFT, SVAT

Italy e-invoicing

Brexit

Brazil eSocial

France

DSN

Australia

PTR

UK Making Tax

DigitalLuxembourg

SAFT

Spain

SII VAT

India Invoice registration

Singapore PayNow

Indonesia e-Bupot

Japan e-Gov Social Insurance

New Zealand Pay Day Filing

South Korea VAT


Governments and Authorities Accelerate into Digital Transformation

Transparency

Convenience

Efficiency

Taxation goes digital

• Streamlined tax collection and reporting

• Effective and easier compliance

• Increased transparency on Tax Liability

Tackling disruptions

• Quicker relief measures in response to the pandemic

• Supportive policy adjustments to deal with the impact

Innovative governance

• Gateway for citizens to access online services

• Convenient, fast and transparent interactions

Market Situation


80% + Enterprises state global

taxes as a challenge on top of

their ERP.

IDC, 2017

GLOBAL TAXES

80%

Centralized Indirect Tax Management

Tax management is no longer just a function within

finance department. Global indirect tax leaders

within businesses has ultimate accountability for

indirect tax in their company.

Top 3 Areas in next years

74% Technology

48% Data and Analytics

43% Process

AnalyticTransactional


What is your role/function in your organization?


The role of Tax in Digital Transformation of Enterprise

Driver for change in the way we operate

- Part of critical business decisions

- Engaging more to business operations

- Collaborator

- Catalyst for digital strategy

Portfolio Overview


Tax Determination Tax Controls

Real-time Reporting Statutory Reporting

Business Areas of Global Tax Management


Business

PROCESSES

BUSINESS NETWORK

SAP S/4HANA in the Intelligent Enterprise: Big Picture

Business

APPLICATIONS

Business

TECHNOLOGY

EXPERIENCE MANAGEMENT

INTELLIGENT SUITE INDUSTRY CLOUD

Partner Solutions

SUSTAINABILITY MANAGEMENT

Business

COLLABORATION

BUSINESS TECHNOLOGY PLATFORM

design buy supply

people finance

make sell

maintain service cross

SAP S/4HANA

Tax

Regulations &

Reporting

Digital Business

Document

Compliance

Finance, Expense &

SettlementPeople & Payroll Payments

Business

GLOBALIZATION


The Intelligent Next Generation ERP

Wide scope of localization,

configuration and content

across the functional needs

of our cloud suite’s

customers

Pre-built localization for 43 countries/regions in

25 languages and 64 versions in SAP S/4HANA

Localization-relevant extensibility to

address business-specific needs

Strong ecosystem of partners complementing

SAP offerings with value added services

SAP Roadmap Explorer for SAP S/4HANA Cloud

https://roadmaps.sap.com/board?PRODUCT=67837800100800007389&range=CURRENT-LAST&FT=GLOB#Q4%202020


The Intelligent Next Generation ERP – Business Capabilities for Indirect Tax

Business Capabilities

innovations for tax

compliance and operations

in the intelligent suite

Built-in internal tax determination and

calculation in the intelligent suite with integration

possibility with external tax engines

Time-Dependet Tax reducing tax codes and

simplified process to adopt to rate changes

Capabilities to manage tax compliance locally and globally

such as Online Validation Services, Tax Fulfillment Date, Pro

Rata VAT, Business Place.

SAP Roadmap Explorer for SAP S/4HANA Cloud

https://help.sap.com/viewer/60a09f68f2444ceca31dcac2e7017945/2102.500/en-US/627fd197ff984836bdccfd78a5791977.html

https://blogs.sap.com/2021/02/24/tax-fulfillment-date-what-is-it-and-how-does-it-impact-reporting/

https://help.sap.com/viewer/60a09f68f2444ceca31dcac2e7017945/2011.500/en-US/faac175840154a5b924422c5da4ad3eb.html?q=pro%20rata

https://blogs.sap.com/2021/03/30/enhanced-business-place-framework-in-sap-s-4-hana/

https://roadmaps.sap.com/board?PRODUCT=67837800100800007389&range=CURRENT-LAST&FT=GLOB#Q4%202020


SAP Solutions for Global Tax Management

Introducing SAP’s new tax portfolio

SAP solutions for tax management help

companies manage indirect tax consistently

and cost-effectively, enabling CFOs to adapt to

rapidly changing regulations around the world.

They do so by digitizing tax determination,

calculation, reporting and compliance, and by

integrating them with core business processes

on a global scale.


Advanced Compliance Reporting

Global

Coverage

Central

FrameworkDesign time

platform

Next generation solution to manage statutory reporting worldwide enabling

simple adoption of constant legal reforms in your digital business transformation

while reducing cost and providing transparency in an efficient way

More details here

https://community.sap.com/topics/advanced-compliance-reporting


SAP Document Compliance

Unified user

experience

Global

complianceEnhanced

agility

SAP Document Compliance provides real-time online exchange of electronic

documents with a holistic, secure and integrated approach that helps companies stay

compliant globally and at affordable costs.

More details here

https://community.sap.com/topics/document-compliance


SAP Tax Compliance

SAP Tax Compliance provides enterprise-wide repository of compliance checks,

seamlessly captures information from multiple sources and checks high volumes of

taxable transactions and posting data very fast and automatically triggers and

documents corrections within current declaration period.

More details here

Gain global Control and

Visibility of Indirect Tax

Improve

Risk Management

Transform Data

into Insights

https://community.sap.com/topics/document-compliance

Portfolio Vision

What is on your Mind?


The Topics around Global Holistic Tax Management

Tax Item

Management

Foreign Indirect

Tax Registration

Corporate Income Tax

Archiving

Harmonization

Exensibility

Documentary proof of intra-

Community supplies of goods

Legal

Change


SAP Global Tax Solutions – Portfolio Commitment

The Principle

of One

One User

Experience

Harmonized UI

Full audit trace and

embedded

analytics

One Technology

Platform

Reduce TCO

Simplified

implementation

with pre-packaged

content

Single Source of

Truth

No data

inconsistency

Correct once,

report immediately

One Globalization

Network

Professional

processes and

services

Simple adoption of

legal changes


Global Tax Management with integrated tax item management

Real-time

Reporting

Tax Item

Management

Tax

Controls

Statutory

Reporting

Tax

Determination

SAP S/4HANA

SAP Document

Compliance SAP Tax

Compliance

SAP Advanced

Compliance

Reporting

Wrapup


▪ A clear global trend towards indirect tax regimes and digitization of compliance

▪ Authorities are demanding more transparency by requesting near-real-time (transactional) information

like SII, NFE and more in-depth information within period-end reporting like SPED, SAF-T

▪ SAP S/4HANA and SAP solutions for global tax management will help you to automate tax operations

and compliance on a local and global scale

▪ Manage single source of truth for tax within the core business processes

▪ Avoid risk of non-compliance by identifying wrong tax data and automatically initiating correction and

documentation measures

▪ Fulfill digital compliance obligations with next generation reporting solutions

▪ Solutions come with in-built capabilities to leverage expertise from tax tech and tax advisory partners

Key points to take home


Upcoming Sessions

April 22,

2021

16:00 pm

(CEST)

60

min.GLO Webcast

Managing mandatory E-Invoicing

globally through a single,

standardized solution with SAP

Document Compliance (Webcast is

part of a Series)

May 6,

2021

16:00 pm

(CEST)

60

min.GLO Webcast

Holistic SAF-T (Standard Audit File

for Tax) reporting with Advanced

Compliance Reporting

(ACR) (Webcast is part of a Series)

June 23,

2021

16:00 pm

(CEST)

60

min.GLO Webcast

Managing Legal reporting via SAP

solutions for Advanced

Compliance Reporting

https://webinars.sap.com/sap-user-groups-k4u/en/upcoming

https://webinars.sap.com/sap-user-groups-k4u/en/globalization#210422



https://webinars.sap.com/sap-user-groups-k4u/en/upcoming

Thank you.

Contact information:

Atsuko Eguchi

Globalization Product Management

[email protected]

sap solutions for global tax management...india gst brazil nota fiscal (nfce) mexico e-invoice china...

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