Many businesses will be involved in three party transaction chains which qualify for the EU triangulation simplification. Triangulation is one of the most complex areas in VAT. […]
Many businesses will be involved in three party transaction chains which qualify for the EU triangulation simplification. Triangulation is one of the most complex areas in VAT. […]
Exempting a transaction from VAT due to an Intra Community Dispatch Consider an example where a Belgian sales organisation delivers the goods to a company in the […]
Keeping up to date on VAT legislative changes can be a challenge for international operations. Each new legislative change in the indirect tax system in every country […]
Companies undergoing restructuring could be in any of the following situations: All spend on IT and ERP developments is often put on hold during these times and […]
SAP relies on certain key VAT determination characteristics in order to trigger output tax codes via so-called access sequences and MWST condition records. However, a lot of […]
“We don’t need the VAT Add-on, we’re going to use the same Tax Engine as we do in the US..” Some international clients may have a view […]
What is triangulation? Many multi-national companies operating across the EU make use of the “triangulation simplification”. This removes the burden to VAT register in different Member States […]
Welcome to the Meridian podcast series Top 10 signs that your SAP system can’t manage EU VAT Complexity. Today we will discuss how businesses often develop bespoke […]
Meridian VAT Add-on 7.55 for SAP S/4HANA has been certified for deployment on SAP S/4HANA 2020 via the SAP integration scenario ABAP Add-On Deployment. This confirms the […]
Standard SAP determines a VAT decision using 5 basic VAT determination characteristics: It is possible to manually change any of the above characteristics (with the exception of […]
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