3602639 - FAQ - Saudi Arabia Finance Localization

This KBA addresses the most frequently asked questions/functionalities of Saudi Arabia Finance Localization. 

Q1. When did VAT become effective in the Kingdom of Saudi Arabia?
Q2. How frequently must customers submit VAT returns in Saudi Arabia?
Q3. How are compliance reports generated in Saudi Arabia?
Q4. What are the recent changes regarding the Saudi Arabian currency symbol?
Q5. Error: IDSAU004 – No tax file number defined for company code xxxx.
Q6. While Maintain Additional Parameters getting Error: FINS_FI_CUST002 – Length of value ‘xxxxxxxxxxx’ exceeds allowed length of 10.
Q7. While attempting to configure the tax calculation procedure, it is noticed that the Saudi Arabia-specific Tax procedure 'TAXSAN' is not available. How can this be achieved?
Q8. SPRO node for Fixed asset Tax Depreciation Report is not available.

Read more...

• Financial Accounting
• SAP ERP (Component SAP_APPL 605 onwards)
• SAP enhancement package for SAP ERP
• SAP enhancement package for SAP ERP, version for SAP HANA
• SAP S/4HANA
• SAP S/4HANA Finance
• This is relevant for MENA countries Saudi Arabia Finance Localization.

SAP ERP all versions ; SAP R/3 Enterprise all versions ; SAP R/3 all versions ; SAP S/4HANA Finance all versions ; SAP S/4HANA all versions ; SAP enhancement package for SAP ERP all versions ; SAP enhancement package for SAP ERP, version for SAP HANA all versions

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