technical-name
000000000008901493
is-monthly
true
SAP Excise Tax Management by Vistex
Manage excise tax data, track goods, and auto-calculate taxes to boost accuracy and compliance and cut reporting costs.
What is SAP Excise Tax Management by Vistex?
It’s an add-on that addresses the complexities of excisable goods by managing excise tax–relevant master data, tracking goods, and calculating taxes.
Streamline excise tax management, lower costs, and enhance accuracy and compliance with centralized data and automated calculations
Cloud deployment
Greater accuracy of excise tax calculations and reporting
Reduced accounting, reporting, compliance, and audit costs
Key benefits
Improve tax calculation and reporting accuracy
Calculate excise tax values more accurately, analyze tax spend, configure new tax types, and automate accruals with SAP S/4HANA integration.
Reduce tax accounting and reporting costs
Save time and significantly decrease compliance, risk management, and audit costs with predefined rules and quick report generation.
Help ensure regulatory compliance
Use predefined rules for excise tax info, flexible rule enhancements, and quick report generation to meet regulatory requirements.
Key features
Excise tax master data management
Create and maintain a repository of master data, including metrics, product classifications, and tax types
Ensure data accuracy and consistency through limited validation and governance processes
Provide a foundation for other systems and processes, including the Excise Movement Control System (EMCS)
Excise tax goods movement tracking
Automatically identify and record material movements that are subject to excise tax
Maintain accurate stock ledgers reflecting excise tax implications of inventory transactions
Excise tax value calculation
Accurately calculate actual and statistical excise tax values based on product characteristics, quantities, and tax rates
Integrate the calculations into core business processes for efficient and timely tax determination
Support compliance with a foundation for legal reporting and payment obligations
Pricing
SAP Help Portal
Visit SAP Help Portal to find detailed documentation, guides, and articles to help you implement, configure, and optimize SAP products.
Data security
Learn how SAP helps you protect your data's integrity, availability, and confidentiality.
Trust
Discover how SAP builds trust through transparency, accountability, and secure cloud operations.
Compliance
Learn how SAP supports your compliance needs with certifications, attestations, and audit-ready reports.
Get started
Jump-start your implementation and drive ROI by collaborating with industry experts, consultants, and support engineers throughout your journey.
Services
Transform your business quickly and effectively by taking advantage of our holistic service and support plans, expert consulting services, custom application development, proven best practices, and deep industry and technical knowledge.
Support
Help keep your SAP solutions running at peak performance with our IT experts and support services, including long-term plans, embedded teams, remote technology support, self-service portal, and innovation strategies.