SAP Solutions for Global Tax Management...India GST Brazil Nota Fiscal (NFCe) Mexico e-Invoice China...
Transcript of 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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The information in this presentation is confidential and proprietary to SAP and may not be disclosed without the permission of SAP.
Except for your obligation to protect confidential information, this presentation is not subject to your license agreement or any other service
or subscription agreement with SAP. SAP has no obligation to pursue any course of business outlined in this presentation or any related
document, or to develop or release any functionality mentioned therein.
This presentation, or any related document and SAP's strategy and possible future developments, products and or platforms directions and
functionality are all subject to change and may be changed by SAP at any time for any reason without notice. The information in this
presentation is not a commitment, promise or legal obligation to deliver any material, code or functionality. This presentation is provided
without a warranty of any kind, either express or implied, including but not limited to, the implied warranties of merchantability, fitness for a
particular purpose, or non-infringement. This presentation is for informational purposes and may not be incorporated into a contract. SAP
assumes no responsibility for errors or omissions in this presentation, except if such damages were caused by SAP’s intentional or gross
negligence.
All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from
expectations. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates,
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Disclaimer
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WELCOME
Atsuko Eguchi
▪ Senior Product Manager at Globalization Services
▪ 19 years with SAP
▪ Tax Domain owner at Globalization Product Management
Tax Trends
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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
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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
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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
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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
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What is your role/function in your organization?
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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
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Tax Determination Tax Controls
Real-time Reporting Statutory Reporting
Business Areas of Global Tax Management
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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
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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
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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
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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.
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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
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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
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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
Portfolio Vision
What is on your Mind?
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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
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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
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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
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▪ 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
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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