Integrated in SAP: fully automated VAT determination of AP and AR
Simply the best SAP Add-on solution to overcome pitfalls and shortcomings within SAP’s VAT determination and reporting logic. During Big4 software vendor selections Taxmarc™ has been selected various...
View ArticleSAP and Transaction Tax Engine functionality
This article is about SAP’s Transaction Tax Engine that uses decision trees in contrary to SAP’s MWST functionality that uses condition tables. Get it Right at the Tax Front-End Multinationals across...
View ArticleAlways dreamt of owning your own Formule 1-car?
This one is a bargain and you can buy it on eBay for EUR 93,000. It looks great from the outside, but in fact it is still missing the engine, its electronics and its steering wheel. In our daily tax...
View ArticleVAT Add-on for use with SAP
Simply the best SAP Add-on solution to overcome pitfalls and shortcomings within SAP’s VAT determination and reporting logic. During Big4 software vendor selections Taxmarc™ has been selected various...
View ArticleIndirect tax function effectiveness: SAP’s Transaction Tax Engine
The Transaction Tax Engine (TTE), which manages Tax outputs, handles high volumes of transactions often generating billions of dollars of tax revenue. In simple terms, it uses the decision tree to make...
View ArticleNo interface, no hardcoding and low maintenance
Taxmarc™ Tax Engine enables – without interface or external software – a fully automated VAT determination of all sales and purchase transactions in SAP. Taxmarc™ Tax Engine incorporates VAT relevant...
View ArticleNo external software, no interfacing and low maintenance
The standard VAT functionality of SAP is far from optimal. Partly due to this reason SAP offers a certain degree of flexibility within the system, which enables users to apply adjustments in order to...
View ArticleOur premium SAP add-on package for VAT
No interface, no external software and low maintenance It really takes a maximum of only 4 extra SAP tables to get our SAP add-on solution(s) up and running Our premium package Taxmarc™ Tax Engine is...
View ArticleSolve the actual problem not a SAP VAT symptom
If full ‘VAT automation of AP and AR and being in control’ is the aim of your organization, it is important to understand what exactly makes standard SAP not function optimal from an Indirect Tax...
View ArticleNarrative of Taxmarc™ Packages and Features
The narrative that can be downloaded below provides an overview of our features and packages and explains how we solve the real problem and not only symptoms, where Taxmarc™ differentiates and how we...
View ArticleDue diligence: quantification of tax risks with statistical sampling
While direct tax rates are decreasing everywhere across the world, the rates for indirect tax keep rising. An average multinational company has amounts of over five billion euros of indirect tax...
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