Goods and Services Tax (GST India)

Introduction Customers who are going live in mid of financial year need to upload the TCS accumulation data for invoices posted outside SAP. This is required as when a customer Invoice is posted in SAP S/4HANA Cloud then the total value for... Read More »

Running a business adhering to local and global regulations is a challenge for many enterprises. Luckily, SAP’s customers can count on SAP to enable them with localized capabilities that provide regulatory relief and peace of mind.  In total, SAP... Read More »

Well, if you are looking for ‘The Next…’ or ‘Emerging’ trends after pandemic recedes then watch out for this space. Also read: Emerging Trends in Emerging Economies: Manufacturing Perspective Automobile Sector 2-Wheelers Emerging economies... Read More »

Introduction: Goods and service tax commonly refereed as GST in India, is a compliance companies must follow properly. So, what is goods and service tax and how it is applicable in Treasury Transaction. In this blog we will learn, how the Treasury... Read More »

As per the budget 2021, government has inserted new sections: TDS u/s 194Q on purchase of goods of the value or aggregate of such value exceeding 50 Lakh INR in any FY shall at the time of credit of such sum to the account of the seller or at the... Read More »

Introduction: In todays scenarios there are lots of challenge in this Tax area specific to withholding tax calculation in SAP Treasury, if you search the blog there are many articles present on this topic, where as an end to end customization with... Read More »

As per the Finance Act 2020, a new amendment was introduced with respect to TCS (Tax Collected at Source) for section 206C with effect from 1st of October, 2020. Tax collected at source (TCS) is the tax payable by a seller which he collects from the... Read More »

SAP Business ByDesign supports the process flow of India E-Invoice legal approval and also helps generate and process the relevant JSON files required for this legal requirement. However, due to technical limitations, we cannot support end to end... Read More »

The world is witnessing lot of changes especially related to compliance and it is difficult for global customers to keep track of all the new legal changes and the related SAP functionality or notes for the same. This has now become simplified with... Read More »

Introduction We can change material master, vendor master, cost center, profit center etc. in mass just copying data from excel (Recommended)  or notepad or any other file but data should be arranged in correct format. Solution Before you change... Read More »