Customer Tax Adjustments

Simplify processing of tax-only adjustment postings in SAP and tax engine

• Posts tax adjustments in tax system and generates required accounting documentation automatically


• Configures to automatically park or post tax adjustments


• Performs debit/credit tax adjustments associated with:
  
  • Incorrect or late application of tax exemption certificates
  • Incorrect assignment of material number to product code
  • Applying timely tax rate updates or changes to the tax engine
  • Customers returning products to locations different than the original ship-from location


• Performs tax adjustments with minimal required fields (posting date, reference billing document, and tax credit/debit amount)

• Simplifies posting adjustments


• Posts credits and debits for customers with an active exemption


• Increases accuracy of tax jurisdiction and product code assignment


• Manages return-to and ship-from location differences

Easily manage tax adjustments to customer accounts without affecting original sales transactions