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Taxmarc™ your best SAP solutions for Indirect Tax Automation
By Richard Cornelisse, Director Strategy & Sales of Taxmarc™ Taxmarc™ provides companies with a complete overview of all data relevant to determining the VAT liability for business transactions....
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New product launch: Taxmarc™ Add-on
Taxmarc™ Add-on: a standard SAP solution with limited adjustments to resolve some standard SAP gaps and improvement of the overall VAT determination. Taxmarc™ Add-On is a preferred option when an...
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SAP and Transaction Tax Engine functionality
This article is about SAP’s Transaction Tax Engine that uses decision trees in contrary to SAP’s MWST functionality that uses condition tables. Get it Right at the Tax Front-End Multinationals across...
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Indirect tax function effectiveness: SAP’s Transaction Tax Engine
The Transaction Tax Engine (TTE), which manages Tax outputs, handles high volumes of transactions often generating billions of dollars of tax revenue. In simple terms, it uses the decision tree to make...
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