Tax reporting requirements vary by country, and in many cases, businesses must report on data that has already been archived. KGT’s add-on enables organizations to efficiently access, analyze, and report archived data directly to tax authorities, ensuring compliance without disrupting existing SAP processes.
Key Features
- Access Archived Data: Retrieve essential information such as item numbers, customer details, and order dates from one or multiple archiving sessions.
- Sequential Data Analysis: Analyze archived data in a structured, easy-to-read format to support accurate reporting.
- SAF-T Integration: Combine real-time and archived data into a single SAF-T file, automating consolidation and reducing manual effort.
- Seamless SAP Integration: Fully compatible with SAP ECC and S/4HANA, working within existing systems without requiring additional interfaces or software.
- Minimal Human Intervention: Automates the extraction and processing of archived data, saving time and reducing errors.
Benefits
- Regulatory Compliance: Ensure reporting obligations are met, even for archived data, in line with local tax regulations.
- Time and Effort Savings: Automate data retrieval and integration, minimizing manual processes.
- Accurate Reporting: Combine archived and current data for complete and reliable SAF-T submissions.
- System Continuity: Leverage existing SAP infrastructure without the need for upgrades or complex integrations.
The SAP add-on enables organizations to access, analyze, and report on archived tax data in compliance with local country requirements. It allows businesses to work with both current and archived information when preparing reports for tax authorities.
Certain tax reporting obligations require historical data that may already be archived. Without an efficient way to retrieve and analyze this information, organizations risk incomplete reporting and potential non-compliance.
The solution reads archived data sequentially and presents key details, such as item numbers, customer information, and order dates, in a clear list format. Users can analyze data from a single archiving session or multiple sessions simultaneously.
Yes. The add-on includes functionality to combine archived data with real-time SAP data into a single SAF-T file, minimizing manual intervention and streamlining the reporting process.
The add-on simplifies access to archived data, ensures compliance with tax reporting requirements, reduces manual effort, and integrates seamlessly with SAF-T reporting, enabling accurate and efficient tax submissions.
When a company with a calendar-year fiscal period is acquired mid-year and integrated into the SAP system of the acquiring entity, KGT’s SAF-T solution ensures full-year reporting is still possible. The add-on allows extraction and consolidation of all historical data from the acquired company’s legacy system, combining it with data from the SAP system of the acquiring party.
This enables generation of a complete SAF-T file for the entire calendar year, ready for submission to tax authorities “on request.” All extracted data can be archived securely within SAP, ensuring compliance even if the acquired company’s original SAP system is decommissioned. This approach maintains audit readiness and provides full transparency over the historical and current financial data.