SAP VAT Course

Introduction

The SAP VAT determination logic was developed during the 1980’s and, except for the “plants abroad” logic, SAP’s VAT determination logic has changed little. This is in stark contrast with the significant changes made to VAT rules and business models over the same period. With the aim of creating new sales markets and achieving cost savings, business activities are spread all over the world.

Cross-border chain transactions with third parties or within a company (intercompany transactions) have become the rule rather than the exception. The above means that often practical solutions have to be found within the set-up of SAP regarding indirect tax.

Phenix Consulting possesses practical experience and understands SAP's possibilities, but also its limitations and thus the capability to free up resources, reduce manual activities and manage risks.

Program

• Developments in the technology market - this section will elaborate on developments and trends in the technology market that have an impact on the indirect tax function of organizations. Examples include changing business models, but also developments in the approach and processes followed by tax authorities.
• Indirect tax functionality in SAP - learn about the opportunities that standard SAP offers to support the Indirect Tax process, but also addresses the limitations of standard SAP.
• Practical work-arounds - discussing best practice work-arounds, but also risks and opportunities of these work-arounds on quality of the indirect tax process.
• Tax software - overview of software solutions (tax engines) available in the market including their advantages and disadvantages.

The training is interactive. Sufficient time is allocated for answering specific questions and issues that you encounter in your organization.

Our offering

We offer the following models:

1. SAP VAT basic training - 4 hours - the following key VAT concepts and functionalities of SAP and VAT will be discussed: 
   • Standard SAP design
   • Standard VAT drivers 
   • VAT on Sale 
   • VAT on Purchases 
   • VAT on FI-Only
2. In-depth session - in addition after interviewing and understanding your own operating business models and the design and implementation of SAP your current issues will be discussed and recommendations provided how to come to improvements
3. Workshop - the workshop will be completely focused on your 'As Is' and how to get to the 'To Be'. We will provide insight in normative controls, practical workarounds and VAT tools available in the market (e.g. Vertex, OneSource, Meridian and Taxmarc by PwC).

For pricing please contact us. For additional info see 'When is Standard SAP (in)sufficient?'

Audience

This training focuses on the tax function, (SAP) IT staff, finance staff, sales staff and Internal Audit.

Access website

See for further detailed information

• 'SAP review'  
• SAP implementation, 
• ERP systems and tax engines
• When is standard SAP (in)sufficient?
• SAP and triangulation
• Indicate import and export during chain transactions
• SAP and 'plants abroad
• SAP checklist for VAT rate change
• Everything you always wanted to know about VAT in SAP * but were not aware to ask
• Tax engines questions to ask before you commit
• Reporting functionality for VAT, EC sales lists and Intrastat and SAP
• Intrastat and SAP

Review of the content and format of the European Commission’s Mini One Stop Shop (MOSS) web portal

As part of the current efforts to support the smooth implementation of the 2015 Place of Supply rules (Council Directive 2008/8/EC) and the functioning of the MOSS portal, the Commission is looking for inputs and suggestions to improve the quality of the information presented on the MOSS web portal. 

This improvement could be twofold: In terms of content:

• the information that is regularly updated could be adapted to better fit the needs of the users (primarily the businesses but the national administrations as well);
• In terms of format: currently, the information is presented in an Excel file; we will look at more user-friendly ways of presenting the data to better fit the needs of the users.

In this survey we ask users to assess the relevance of the information currently provided and indicate which additional material would be useful for businesses, as well as which features would improve the user-friendliness and usability of the Commission’s MOSS web-portal.

We would appreciate your opinions on the current content of the web-portal and your suggestions on how to improve it in the future. The results of the survey will be presented and discussed during the stakeholders’ workshop to be held in Brussels in November.

Participation in the survey should not take more than 15 minutes.

Please provide us with your feedback by Friday 30th of October.

Source: EU Survey - Survey