Rounding discrepancies between standard SAP settings and local decimal tax requirements can disrupt testing, delay go-live, and hinder accurate tax reporting. KGT’s SAP add-on for Rounding Conflicts recalculates rounding in compliance with tax regulations, providing transparency and control while minimizing implementation delays.
Key Features
- Decimal Compliance Adjustment: Automatically recalculate rounding within SAP tables to meet current tax authority requirements.
- Rounding Cockpit: Compare standard SAP figures with adjusted values and view an audit trail of all changes.
- Audit-Ready Reporting: Provides full traceability of rounding adjustments for tax risk management and regulatory disclosure.
- Flexible Deactivation: Option to deactivate decimal compliance adjustments once authorities approve standard SAP rounding, reverting to SAP values for reporting.
- Seamless SAP Integration: Fully compatible with SAP ECC and S/4HANA, working within your existing environment without additional interfaces or software.
Benefits
- Mitigate Tax Risks: Ensure rounding adjustments comply with local tax regulations, reducing exposure to audits and penalties.
- Support Go-Live Readiness: Avoid UAT failures and delays caused by rounding conflicts.
- Transparency & Control: Audit trails and cockpit views make discrepancies clear and easily explainable to authorities.
- Operational Flexibility: Quickly revert to standard SAP rounding when allowed, maintaining reporting continuity.
- Efficient Implementation: Reduce the time and effort required to align SAP rounding with decimal tax requirements.
It is a solution that recalculates rounding within SAP according to current tax regulations, addressing conflicts between SAP’s standard rounding and the decimal requirements of tax authorities.
Conflicts arise when SAP’s standard rounding settings do not align with the decimal precision required by local tax regulations, which can lead to discrepancies in tax reporting.
The add-on ensures compliance by adjusting rounding in SAP, providing a cockpit that displays both standard SAP figures and the adjusted values. It also maintains an audit trail for transparency and tax risk management.
Yes. By recalculating rounding correctly, the add-on prevents test failures during User Acceptance Testing (UAT), helping organizations meet deadlines for go-live and first submissions.
Yes. Once the tax authorities approve the rounding settings, the decimal compliance feature can be deactivated, allowing reporting to use standard SAP values.
It creates a clear audit trail highlighting differences between standard SAP rounding and the adjustments made, which can be disclosed to tax authorities to explain any discrepancies.
Yes. The add-on works within SAP and includes a cockpit for monitoring, adjustments, and reporting, without requiring external systems.