Introduce tax document as a new official business document in SAP Business ByDesign
The primary objective of the solution is to generate additional tax documents for down payments in accordance with legal requirements. Document generation is contingent upon user-configurable settings, encompassing distinct behaviors per tax code and varied prefix and numbering conventions.
Overview
Finalize and execute the official legal document
According to legal mandates, this document type is obligatory across multiple countries. It furnishes a distinctive form that can be automatically dispatched to customers or exported for audit oversight.
Book supplements in accordance with legal regulations
In addition to the form generation, our solution also influences accounting postings. Upon the creation of the tax document, supplementary postings are generated to maintain balance integrity. Subsequently, upon full invoice payment, automatic reverse postings are generated to facilitate the clearing process.All bookings are automatically generated during the invoicing process and fully comply with all legal requirements.
Expand the solution across multiple countries
In the present iteration, our solution extends support for tax documents in Slovakia, Czech Republic, and Hungary. Nevertheless, its inherent flexibility enables full compatibility with any country, with the capacity for modification tailored to specific government requirements.
Details
Solution type
Extensions and Add-ons
Industry
Consumer Products, Wholesale Distribution, Banking, Professional Services
Compatibility
Works with
SAP Business ByDesign
Features
Create a new PDF document form for tax documents
Part of our solution includes an additional form, fully customizable in the Form Template Maintenance module. It's adaptable for multiple languages and countries and generated automatically with standard forms via Form Template Selection.
Integrate with all our other localization solutions
The solution seamlessly integrates with all other components of our multi-country solutions. Consequently, it is systematically included in the selection of reports and forms, ensuring its automatic generation in each pertinent document.
Modify customer invoices and supplier invoices
Our solution can affect customer invoice and supplier invoice. The whole business process is same for both types. Accounting postings are automatically differentiated and user customer can choose different prefix and numbering for each invoice type.
