You might have heard that for specific countries and regions, there’s a new attribute called the “tax fulfillment date” that needs to be considered when there are documents with tax items relevant for reporting.
Currently, Hungary and Spain are the countries affected by this change as of SAP S/4HANA Cloud 2102.
With the introduction of this attribute, there are now two dates that can be used in reporting:
- Tax fulfillment date: The date on which the tax becomes chargeable, for example, the date on which goods or services are supplied.
- Tax reporting date: The date on which the tax must be reported to the authorities. This date is never earlier than the tax fulfillment date.
How do you activate these dates?
To use these dates in VAT and EC Sales List reporting, you need to activate them in the Company Code Master Data configuration step as follows:
- Go to the Configure Your Solution app in the Manage Your Solution app and set the local version.
- Find the Company Code Master Data configuration step under Finance > General Ledger > Company Codes.
- For the relevant company code, select the Tax Reporting Date Active in Documents checkbox under Processing Parameters.
When you activate the Tax Reporting Date field, the system automatically activates the Tax Fulfillment Date field. However, the system displays this date only if it is relevant for VAT reporting in a country/region.
Since date determination might have a different impact in sales, purchasing, and finance, you can find information about these aspects in the country/region-specific documentation:
- Tax Fulfillment Date in Hungary
Check out the product assistance to find out what applies in Hungary on SAP Help Portal at https://help.sap.com/viewer/s4h_ce_hungary.
- Tax Fulfillment Date in Spain
Find the information you need in the product assistance for Spain on SAP Help Portal at https://help.sap.com/viewer/s4h_ce_spain.
For Spain, there’s an additional app to help you update the tax reporting dates and tax fulfillment dates in journal entries created prior to implementing SAP S/4HANA Cloud 2102. This could be important, for example, if you want to correct invoices created in 2020 or if you still need to perform reporting for 2020.
We hope you’re now feeling confident about the use and meaning of the tax fulfillment date and the tax reporting date. Not sure? Got any questions? Please leave a comment below or give feedback about the application help directly in the SAP Help Portal by using the comments feature. And don’t forget to follow the SAP S/4HANA Cloud tag here on SAP Community to stay tuned to the latest news.
See you next time,