SAP Cloud Platform for VAT Group Management

Challenge

The customer, operating in the insurance sector, has expressed the need to equip itself with a tool capable of supporting the procedures concerning the management of the VAT Group and VAT settlement and to be compliant with the new legislation, with an innovative technology related to the use of SAP CLOUD PLATFORM.

Solution

The solution suggested by Qintesi was to benefit from the advantages of the SAP Cloud Platform by proposing the implementation of SAP VAT Group which allowed to:

  • manage the VAT Group application scope and its composition
  • manage the “consolidation” procedure of the VAT Group data, the calculation of the VAT position: group, corporate and by activity code
  • manage the % of pro-rata of the group, the VAT register view of the Group, the group VAT periodic liquidation view, the quarterly communication view, the annual VAT declaration view, the intrastat view, the “esterometer” view
  • manage accounting records and record them automatically.

 

Thanks to the solution developed on SAP CLOUD PLATFORM, the following advantages have been obtained:

  • Having a solution independent of transactional systems
  • Achieving flexibility in changing the scope of the Group
  • Having “smart” closing procedures available
  • Benefitting from limited impacts when upgrading SAP systems
  • Using an innovative technology
  • Having the possibility to add/integrate functionality in the future

Results

  • Quick and easy VAT settlement including also non-SAP group companies
  • Standardization of tax procedures for companies participating in the Group
  • Consolidation of the relevant objects to the declarative models (VAT Codes / boxes / rates ...), in order to overcome the different languages of the different ERPs involved
  • In addition to the economic/financial benefit deriving from joining the VAT Group, the “Digital Transformation” of the company was launched, exploiting the new SAP technologies (SAP Cloud Platform, SAP Fiori, SAP Cloud Portal, HANA DB on Cloud, innovative WEB Interfaces)
  • Upgrading on S/4HANA in a totally transparent way, without any kind of impact thanks to the solution developed "on-cloud"

Le informazioni contenute in questo documento sono di proprietà.
Copyright © 2014 Qintesi S.p.A. Tutti i diritti riservati.

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Modules

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APPLICAZIONI SAPUI5


SAP CLOUD PLATFORM


SAP CLOUD PORTAL


SAP GRUPPO IVA


SAP HANA DATABASE CLOUD