FIN Posting and Taxes

My name is Ingrid Macova. I am a Product Manager for the SAP Business ByDesign. My colleagues and I were asked many times how the financial consolidation process works in the SAP Business ByDesign. This blog post is relevant for companies that are... Read More »

I am a Product Manager for SAP Business ByDesign in financials. The objective of this article is to inform you that a new field “Prior Year Indicator” was introduced and what is the reason for that. For the US, when filing withholding... Read More »

The objective of this blog post is to inform you that in SAP Business ByDesign 21.08 release you can find updated print-forms for 1099-NEC Withholding Tax Return and 1099 – MISC Withholding Tax Return. The Internal Revenue Service (IRS) has... Read More »

The objective of this article is to explain why a new Income Type “Fish Purchased for Resale” was introduced in SAP Business ByDesign. The Internal Revenue Service (IRS) has published the tax print-forms for the fiscal year 2021. These... 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 »

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 »

Neste blog explicarei através de 4 vídeos e 1 aula completa as principais configurações e processos com Impostos Retidos na Fonte Ampliados (IRF) aqui no brasil. Sabemos que toda a parte de serviços necessita desses impostos que são... Read More »

Background UK companies are required to make a quarterly report of VAT amount calculations to HRMC.  Since the introduction of ‘Making Tax Digital for VAT’, VAT-registered businesses with a taxable turnover above the VAT threshold (£85,000)... Read More »

Governments across the globe are increasingly becoming data hungry and this has had a profound impact on regulations related to legal compliance and specifically periodic reporting. Conservative estimates say that there are more than thousand legal... Read More »

Overview I would like to give an overview of the cash and liquidity management configuration in this blog. It will help you to understand the required configuration steps, process design, and sample key data structure (KDS) for your implementation.... Read More »