Symptom
This SAP KBA is relevant for United Kingdom only.
Target audience:
- SAP Fin Lead
- Tax Manager
- Tax Director
- CFO
Knowledge level:
- Intermediate
Prerequisite notes:
2728767 - Definition of tax boxes for UK VAT return
2714933 - ACR on SLH: technical prerequisite
2700475 - ACR on SLH: GB VAT
2692267 - Enhance 0FI_TX_4 by VATDATE, H2BAS, H3BAS, H2STE, H3STE, HWAE2, HWAE3
2676853 - VG_CUST Cluster View - - DDIC Objects
2580345 - Enhance 0FI_TX_4 by BUPLA, EGBLD, EGLLD
2232584 - Release of SAP extractors for ODP replication (ODP SAPI)
This document contains a 6-minute Webinar on the topic "UK Making Tax Digital through SAP Advanced Compliance Reporting".
This webinar is about how to use SAP Advance Compliance Reporting Service to comply with UK HMRC's Making tax digital initiative. The intention of this webinar is to show how simple it is to be compliant to the UK HMRC's Making tax Digital Initiative.
Here are the following steps that the webinar will highlight on:
- Configure report
- Creating Reporting Entity
- Provide Reporting Category
- Provide user authorization
- Assign user's reporting level
- Configure report settings like period, financial year etc
- Assigning VAT number
- Configure for VAT Submission
- Authenticate and Authorize with HMRC login
-
VAT Generation process
- Generate VAT report.
- Check overall 9-Box return
- View detailed VAT return Analytics
-
Submission to HMRC
- Submit to HMRC
- Acknowledgement from HMRC about submission status
Duration: 5:26 minutes
"Image/data in the video is from SAP internal systems, sample data, or demo systems. Any resemblance to real data is purely coincidental."
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Environment
- S/4HANA
- SAP ERP
Keywords
MTD, Making Tax Digital, UK MTD, ACR, Advanced compliance reporting, UK VAT, SAP Localization Hub, Webinar, Finance, GB VAT, HMRC , KBA , XX-CSC-GB , Great Britain , FI-LOC-FI-GB , Great Britain , How To
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