your  best  SAP  solution  for  Indirect  Tax  Automation

Taxmarc™  BasicTaxmarc™   Basic   is   a   standard   package   of   Taxmarc™   that   uses   native   SAP   functionality   and   contains   anintegrated  VAT/GST  control  Framework.  Taxmarc™  Basic  is  specifically  useful  for  companies  that  run  mediumcomplex  business  models.

“The  risk  of  ashortage  of  taxcodes  in  SAPis  eliminated”

www.taxmarc.com

Taxmarc™  Basic  does  not  only  solve  the  shortcomings  in  standard  SAP  VAT  determination,  but  it  also  ensures   control  of  VAT  with  an   integrated  VAT  Control   Framework,   in   a   transparent  and  easily  maintainable  way.  Taxmarc™  Basic  uses  assumptions  via  pre-­‐defined  configuration,  thus  without  a  real-­‐time  reality  check.  For  businesses  that  have  a  complex  business  model  but  do  not  need   the   full   Taxmarc™   Tax   Engine   functionality,   the   Taxmarc™   Basic   solution   offers   a   VATcompliant  determination  solution.

Taxmarc™Taxmarc™  Basic  is  built  on  the  proven  Taxmarc™  platform  and  the  de-­‐scoped  features  from  the  full  Taxmarc™  Tax  Engine  can  be  added  at  any  point  later  on  when  additional  budget  becomes  available  or  new  requirements  and  controls  are  needed  due  to  changes  in  VAT  legislation  and/or  business  models.

Taxmarc™  Basic  includes  the  following  features:   •  VAT  management  cockpit  (light  version)     •  Standard  SAP  IMG  (Implementation  Guide)  functionality  to  implement  and  customize  the           Taxmarc™  solution  and  enabling  easy  and  cost  efficient  maintenance   •  Automated  VAT  determination  based  on  available  customer  VAT  registration  (combined             with  tax  control  framework)   •  Smart  VAT  condition  design  –  using  a  maximum  of  approximately  250  conditions  per  tax             jurisdiction  (low  maintenance  costs)   •  Automatic  assignment  of  condition  records/tax  codes  in  case  the  company  gets  new  VAT           registration  numbers  (jurisdiction  must  already  be  available  in  Taxmarc™)   •  An  integrated  Tax  Control  Framework  which  ensures  that  transactions  that  fail  to  comply             with  fiscal  requirements  are  automatically  blocked  (immediate  resolving  the  non-­‐     compliance)  or  put  in  an  emergency  table  (retrospective  correction)   •  Automated  VAT  determination  of:  1.  Standard  Triangulation,  2.  VAT  group  scenarios,         3.  Bonded/VAT  warehouses,  4.  Domestic  Reverse  charge,  5.  Special  VAT  regions  (i.e.  Canary         Island),  6.  Plants  abroad  scenarios,  7.  Intra  EU  and  Export.  8.  Supply  of  services  (including           VAT  package  2010)   •  Automated  sequential  invoice  numbers  per  Tax  Jurisdiction   •  Automated  and  improved  VAT  code  determination  for  EDI  (iDoc)  intercompany  invoices   •  Required  VAT  data  to  comply  with  invoice  requirements

Features

Proven  technology

The  concept

your  best  SAP  solution  for  Indirect  Tax  Automation

Compare  Taxmarc™  Tax  Engine,  Taxmarc™  Basic  and  Taxmarc™  Add-­‐on

Taxmarc’s™   product   portfolio   consist  

of  products  that  all  offer  a  different  set  

of  features.

Which   product   best   fits   your

organization?   Compare   features,  

impact   on   SAP   set   up,

implementation   time   of   all   VAT

determinationdetermination   solutions   of   Taxmarc™  

by   using   the   table   on   the   right.   All  

products   offer   an   integrated   in   SAP  

without  an  external  interface.

‘Can   be   selected‘   are   features   that  

have  a  low  impact  on  current  SAP  set  

up   and   focus   on   quick   wins.   Cost

efficiencyefficiency   is   realized   as   less   features  

with  focus  on  quick  wins  means  lower  

implementation  costs.

TheThe  ‘Optional‘  features  have  a  medium  

impact  on  SAP  set  up  and  are  features  

of   Taxmarc™   Tax   Engine   respectively  

Taxmarc™   Basic   that   can   be   added  

based  on  increased  client  needs.

For  more  info  please  contact:

Richard  CornelisseDirector  Strategy  &  SalesDirector  Strategy  &  Sales

Telephone:  +31  6  53994874

Email:  richard.cornelisse@taxmarc.com