All Countries have different requirements for tax reporting, invoice printouts etc. We have created a solution that provides a core localization package with additional features for Estonian companies to use SAP Business ByDesign.
What are the key benefits of our Localization Solution?
Generate automatic VAT Return Declaration for Estonian Tax and Customs Board
Doing VAT Return Declaration manually in Estonia is a time-consuming task for accounting department. Our solution makes it easy and seamless, taking only about a minute to generate the tax report that can be uploaded directly to Estonian Tax and Customs Board.
Import Exchange rates
To get the latest exchange rates, our solution connects directly to Bank of Estonia to update exchange rates automatically every day.
Send documents to Customers in Estonian
Now it is possible to generate and send all common business documents to customers in their native language. Our solution includes customer invoices, credit memos, delivery notes, sales order confirmations and purchase orders – all translated and adjusted for Estonian companies.
Use e-invoicing capabilities
Our solution enables to automatically generate Customer Invoices in Estonian e-invoice format and send them to your customer.
Add Business Partners/Customers/Suppliers from a public database.
With our solution, it is possible to search Estonian companies from a public database and add them to you SAP Business ByDesign solution as Business Partners/Customers/Suppliers with one click of a button without any manual data entry.
How does it work?
For example, how is VAT declaration generated?
Fill in relevant data selection for the declaration and press ‘Generate Data’.
This is all it takes and now it is possible to export the XML file for upload to the Estonian Tax and Customs Board.
Now You know what capabilities are included in our Estonian Localization Package!
The solution is using native SAP Business ByDesign tools and do not include any third-party apps. There is no need for additional software.
There are customers in Estonia, who are using this solution daily. If Your company is interested or have any questions, please contact us via SAP App Center or leave a comment below.