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Value Added Taxes: Business Explanation and S4HANA Demo

This is mandatory basic knowledge for any SAP FICO Consultant

 

It’s very important to understand the meaning of Value Added Taxes “VAT”, since it’s a mandatory government regulation and every consultant will deal with this sooner or later

VAT also has to be reported to government authorities periodically, so it’s important to know how to generate the related reports on SAP

In the video below, I started by explaining the meaning of VAT and how it works, then as usual I followed this with and SAP S4HANA system demo for the whole process

The demo in the video is also applicable to SAP ECC

 

 

If you like this content then don’t forget to like, share, and comment!

 

Also connect with me here, on Youtube, and LinkedIn, you can find the links in my SCN profile

 

Thank you for watching, reading, sharing and commenting 🙂

 

See you in the next blog post!

 

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