VAT scan in a SAP environment

Quick facts

Date: Date available soon

Duration: 1 day

Timing: 09.30 - 17.30

Instructors: Jean-Paul Mondon & Geert J.B Bogaert

Language: English

Location: Brussels

Fee per participant: EUR 750

A certificate of attendance will be granted, if accredited by:
6 hours

Context

You would like to know whether your SAP system has been correctly configured in regards to VAT. You regularly identify incorrect VAT postings and would like to know how to shift from fixing mistakes to preventing errors from occurring. You would like to be prepared for an e-audit request from the VAT authorities.

This course will provide you with the skills you need to audit VAT and improve control over your VAT accounting in SAP.

Main courses objectives

Through this course you will learn:

  • about the VAT settings in SAP related to auditing VAT
  • how these VAT settings can improve control over correct VAT accounting in your SAP system
  • how to audit these VAT settings
  • the different possibilities to audit the correct accounting of VAT in SAP

Main course benefits

At the end of this course, you will:

  • gain a comprehensive knowledge about VAT settings and controls within the different modules in SAP
  • be able to take full advantage of the VAT-related functionalities when auditing VAT in SAP or setting up or improving VAT processes and controls in SAP
  • be able to improve your communication with SAP consultants and your IT department (e.g. when making IT requests related to VAT)
  • be able to draft your SAP VAT audit plan and manage its execution, and hence be prepared to respond to an e-audit request from the VAT authorities

Full course agenda

  • A full walkthrough of the most relevant VAT settings in SAP. We will explain these settings using the following steps:
    • Where to find these settings in SAP
    • What do they mean (understanding the technical aspects)
    • How can they be beneficial in terms of improving control over VAT
    • Best practices for auditing these settings
  • Auditing the correct accounting of VAT in SAP:
    • What are the VAT-related standard SAP reports
    • What can you audit using these reports
    • Best practices and points of attention
  • Introduction to e-audit:
    • Preparing yourself for an e-audit by the tax authorities
    • Where to find relevant VAT data
    • Different ways to extract VAT data from SAP
    • What are the most relevant tests that can be performed
    • How to perform relevant sampling

Target groups

  • VAT managers/directors
  • VAT compliance managers
  • Tax (accounting) managers
  • Finance managers/directors
  • Controllers
  • Internal auditors

Prerequisites

Not applicable

Testimonials

New course, no testimonials available