SAP Knowledge Base Article - Preview

2749456 - [Expert Webinar] - Complying to UK Making Tax Digital through SAP Localization Hub Advanced Compliance Reporting Service (SLH – ACR Service)

Symptom

This SAP KBA is relevant for United Kingdom only.

Prerequisite notes:

2728767 - Definition of tax boxes for UK VAT return

2714933 - ACR on SLH: technical prerequisite

2700475 - ACR on SLH: GB VAT

2692267 - Enhance 0FI_TX_4 by VATDATE, H2BAS, H3BAS, H2STE, H3STE, HWAE2, HWAE3

2676853 - VG_CUST Cluster View - - DDIC Objects

2580345 - Enhance 0FI_TX_4 by BUPLA, EGBLD, EGLLD

2232584 - Release of SAP extractors for ODP replication (ODP SAPI)

This document contains a 6-minute Webinar on the topic "UK Making Tax Digital through SAP Advanced Compliance Reporting".

In this webinar, you will learn about how to use SAP Advance Compliance Reporting Service to comply with UK HMRC's Making tax digital initiative. The intention of this webinar is to show you how it is simple for your business to be compliant to the UK HMRC's Making tax Digital Initiative.

Here are the following steps that the webinar will highlight on:

            1. Configure report
              • Creating Reporting Entity 
              • Provide Reporting Category 
              • Provide user authorization 
              • Assign user's reporting level 
              • Configure report settings like period, financial year etc 
              • Assigning VAT number
            1. Configure for VAT Submission
              • Authenticate and Authorize with HMRC login
            1. VAT Generation process

              • Generate VAT report. 
              • Check overall 9-Box return 
              • View detailed VAT return Analytics
            1. Submission to HMRC

              • Submit to HMRC 
              • Acknowledgement from HMRC about submission status  

            Duration: 5:26 minutes

            "Image/data in this KBA is from SAP internal systems, sample data, or demo systems. Any resemblance to real data is purely coincidental."

            To make your organization compliant to UK's MTD, contact your SAP Account Executive today.


            Read more...

            Environment

            • S/4HANA                    On Premise 1511
            • sFIN                            Add-on 1.0
            • sFIN                            OP 1503
            • sFIN                            OP 1603
            • SAP ERP 6.0              EhP8
            • SAP ERP 6.0              EhP7
            • SAP ERP 6.0              EhP6
            • SAP ERP 6.0              EhP5
            • SAP ERP 6.0              EhP4
            • SAP ERP 6.0              EhP3
            • SAP ERP 6.0              EhP2
            • SAP ERP 6.0              MySAP ERP 2005SAP ERP Central Component
            • SAP ERP
            • SAP Enhancement package for SAP ERP
            • SAP S/4HANA Cloud

            Target audience:

            • SAP Fin Lead
            • Tax Manager
            • Tax Director
            • CFO

            Knowledge level:

            • Intermediate

            Keywords

            MTD, Making Tax Digital, UK MTD, ACR, Advanced compliance reporting, UK VAT, SAP Localization Hub, Webinar, Finance, GB VAT, HMRC , KBA , XX-CSC-GB , Great Britain , How To

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