Goods Movement Use Tax Accrual
Reduce tax inaccuracy gaps by automatically calculating and posting consumers use tax accruals
Features
- Identifies non-standard or complex transactions subject to consumers use tax:
- Material movement
- Free-of-charge sales orders
- Materials consumed from own inventory
- Determines the relevancy for consumers use tax accrual
- Identifies the value of goods
- Identifies place of consumption
- Runs in test mode prior to actual consumers use tax accrual
- Calculates and generates consumers use tax accrual postings in SAP and the external tax engine
- References original materials and sales documents
Benefits
- Analyzes sales orders, material documents, and more
- Enables tax calculations on non-standard or complex transactions
- Reduces use tax calculation inaccuracies
- Posts consumers use tax accrual automatically
Reduce tax inaccuracy gaps and minimize subsequent audit costs and assessments