AP Tax Validation
Streamline the analysis of all procurement activity with relevant tax information and identify incorrect AP tax postings
Features
- Identifies tax overpayments/underpayments or accruals on AP transactions
- Identifies incorrect use of tax codes, GL account assignment, and tax jurisdiction codes
- Generates/creates a report with all tax relevant information
- Compiles data into ALV grid display
- Provides drill-down capability into actual SD & FI line items including relevant master data records
- Includes invoice image hyperlinks
- Supports downloading of archived invoice images
- Functions with no dependency on tax engine – tax engine agnostic
Benefits
- Generates AP audit-ready reports
- Fosters efficient review of tax decisions on AP invoices
- Expedites and minimizes sales & use tax audits
- Leverages standard output fields
- Saves time on AP extractions
Expedite and minimize overpayments & underpayments through improved tax accuracy