Operationalizing our Contracts at Air Canada: How we Achieve Compliance and Capitalize on our Savings Using Ariba
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209 results
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How SAP Customers Can Meet the Challenges of Italy’s E-Invoicing Mandate
When Italy flipped the European Union’s (EU’s) regulations on business-to-business (B2B) electronic invoicing (e-invoicing), it opened the floodgates for the type of complex regulations companies doing business in Latin America have had to deal with for more than a decade. For SAP customers that aren’t prepared for European B2B e-invoicing, that could be very bad…
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Comply with Mandatory E-Invoicing with Confidence
Over the years, companies have been replacing paper invoices with electronic versions to improve agility and to gain better insights into their business. In recent years, however, tax authorities and governmental organizations in an increasing number of countries have begun enforcing the use of electronic invoicing (e-invoicing) by law to combat fraud and save costs,…
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3 Consequences of Mismanaging E-Invoicing Compliance for SAP Customers
Of all the issues SAP customers have to address when updating IT infrastructures and ultimately moving to SAP S/4HANA, tax compliance, at first blush, seems to be one of the most mundane. There’s not much excitement in making sure financial systems are compliant with global regulations for enforcing value-added tax (VAT) laws. But mishandling tax…
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Electronic Invoicing: An Opportunity for Businesses and Governments
SAP Document and Reporting Compliance, a standard SAP solution, is a powerhouse for businesses dealing with electronic invoicing and regulatory compliance. It goes beyond the legal requirement, providing essential benefits like automation, top-notch security, adaptability to changing rules, and streamlined efficiency in managing data and documents. It's not just a game-changer; it's a reliable ally…
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What Brazil Nota Fiscal compliance means for SAP e-invoicing, logistics & accounting (Q&A transcript)
Brazil’s Nota Fiscal eletrônica (NF-e) regulations clearly have had impact beyond technical e-invoicing processes, up and down the supply chain. As an SAP customer, what technical and strategic questions do you still have about NF-e, and what are your next steps to ensure compliance? My colleague Gary Byrne of SAPexperts recently moderated an online Discussion Forum…...…
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US Mandates for E-Invoicing and Reporting Are Taking Cues from Latin American and European Tax Authorities
Latin America is without a doubt the leader in business-to-government compliance requirements, and nations across the globe have taken note of how countries in this region have successfully cracked down on tax fraud. In 2015, the United States introduced two new fiscal requirements — public sector e-invoicing and country-by-country reporting — with themes that are…
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Use Reconciliation Account Determination with a Special G/L Indicator for More Flexible Invoicing
The author demonstrates how to optimize reconciliation account determination. He introduces the fundamentals of reconciliation account determination, special G/L indicator configuration, and manual adjustments. With examples, he shows how to use reconciliation account determination with a special G/L indicator in the FI-A/R module. Using reconciliation account determination, you can post customer invoices to a reconciliation…...…
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Colombia to Start E-Invoicing Pilot April 2016
The Colombia Direccion de Impuestos y Aduana Nacionales (DIAN) is in the process of rolling out electronic invoicing, starting with its pilot phase in April 2016. Over the past few months, decrees legalizing electronic invoicing and specifications defining its processes have been released. All of this will culminate in a large scale rollout, which we…
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Mexico e-Invoicing: Insider Tips for Avoiding Tax Penalties in Procure to Pay
Despite the unique issues triggered by Mexico’s transition to mandatory electronic invoicing and tax reporting, some companies continue to pay off of paper or PDF invoices. But these days, the only document that will withstand an audit is a signed XML. Paper carries no weight in Mexico. And, as discussed previously, the Mexico Tax Administration…
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Integration of SAP ERP System with External Invoicing System Via SAP XI
In this article, SAPinsider expert Dmitry Belan offers an inside look at how the Ascendo invoice accounts system works within the SAP landscape. It shows how users integrated the system to move data through to all necessary parts of the SAP ERP as well as SAP XI. This article describes an example of a solution…
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