Webinar: Global Tax Management 2023 - Benchmark Report

833 results

  1. Using SAP to Manage U.S. Sales Tax from Overseas

    Many organizations from outside the U.S. struggle to do business within the country, due in large part to its complex and often confusing sales tax system. Unlike VAT or GST, sales tax is only levied on the final transaction with the customer, and there are no charging or reporting requirements for the companies in the…
  2. Growing Need for Sales Tax Compliance Automation

    Economic Nexus Complexity is Increasing Across the U.S., Creating Challenges for Tax Teams  Sales and use tax compliance is growing more burdensome for organizations that are conducting business in the U.S. due to complex economic nexus mandates. Many states are expanding their sales tax jurisdiction to include out-of-state companies with a certain level of sales…...…
  3. All About SAP CRM Tax Configuration

    Understand how to configure SAP CRM tax settings and integrate them with SAP ERP Central Component, financial accounting, managerial accounting, and sales and distribution settings. Key Concept In sales or service processing, the determination of taxes plays a vital role. In the majority of the cases in which an SAP ERP Central Component (SAP ECC)…...…
  4. The Changing Tax Landscape: Can Your Technology Handle It?

    An exclusive Q&A with Central Finance Bootcamp speaker David Dixon. This content is for Basic Access, SAPinsider Monthly Subscription, SAPinsider Annual Subscription, and SAPinsider Premium Annual Subscription members only.Log In Join Now
  5. Can Your Business Keep Up with Rapidly Changing Sales Tax Regulations?

    Between the rise of ecommerce and the increasing complexity of tax regulations, organizations are facing new challenges when it comes to sales tax. State and federal tax rules are constantly changing and on-premise systems are not always agile enough to react to today’s tax environment. This can cause inefficiencies or errors which, in turn, lead…
  6. Accounts Payable

    Avalara’s Guide to Avoiding Five Common Sales Tax Registration Mistakes

    Reading time: 3 mins

    Sales tax can be burdensome for organizations of any size. Small businesses may face the largest struggle when it comes to sales tax registrations, as they likely do not have a taxation expert on their staff. Many small business owners who lack expertise are forced to comb through tax legislation to ensure they pay what…
  7. VAT Changes Coming in 2010: Are You Ready?

    Because of the continuous extension of the European Union (EU) and the lack of alignment of local Value Added Tax (VAT) rules, VAT-related fraud is increasing and has resulted in unequal competition among suppliers in different countries. To reduce fraud and give suppliers equal treatment regardless of their country, VAT rules for services between EU…...…
  8. Detect the Effect of a Change in US Tax Models on Payroll — Before You Do It

    US users of SAP payroll periodically need to maintain their tax model configuration. A small change made in a tax model to correct a taxing situation may inadvertently alter the taxing for other situations. Ensure that mistakes don’t sneak into your SAP payroll. Key Concept Tax laws in the United States are quite complex. SAP…...…
  9. Adjust Your SAP System to Keep Up with Changes in VAT

    The European Union’s efforts to prevent tax fraud have led to a change in its value added tax (VAT) — the reverse charge VAT. Key Concept Value Added Tax (VAT) is a common tax system in the EU. Tax authorities are revamping the system to combat fraud. The original principles used for local VAT are…...…
  10. Simplify Global Tax Management Automation

    By Ogo Nwanyanwu, Research Director, SAPinsider   Key Takeaways    Organizations selling goods and services across the U.S. are subject to complex “economic nexus” compliance requirements that can vary from state to state. Changing legislation makes accurate and real-time indirect tax calculation and compliance difficult, not only in the U.S. but also internationally. Avalara is expanding…...…