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eVAT Solution Workshop

eVAT Solution Workshop. Public. Agenda. eVAT Background SARS process SAP Reporting Note Information Short Demo. eVAT Background. http:// www.sars.gov.za/ClientSegments/Businesses/Mod3rdParty/Pages/VAT-Supporting-Data.aspx

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eVAT Solution Workshop

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  1. eVAT Solution Workshop Public

  2. Agenda • eVAT Background • SARS process • SAP Reporting • Note Information • Short Demo

  3. eVAT Background • http://www.sars.gov.za/ClientSegments/Businesses/Mod3rdParty/Pages/VAT-Supporting-Data.aspx • The VAT SD channel is a mechanism through which SARS enables taxpayers whose VAT 201(s) have been selected for SARS verification, to electronically submit their VAT supporting data as an option to resolve the risk identified. i.e. no need to submit physical invoice unless specifically requested during the verification process.If a taxpayer’s VAT201 is selected for verification, the taxpayer has the following options: • Submit a request for correction, note that this can only be done once during the verification process • Provide supporting documentation either via eFiling, e@syFile™ VAT or any SARS branch • Submit Supporting Data extracted from your accounting packages in a prescribed form and structure as specified in the VAT SD external BRS. • The VAT SD channel is not compulsory and will not have any impact on VAT vendors compliance status should they decide not to make use of it. Currently SARS has no intention to enforce VAT SD but in due time it may be compulsory.

  4. SARS Process

  5. SARS Process SAP SYSTEM SARS Summary File Request Response File

  6. Introduction to eVAT Solution • The VAT List South Africa(RPFIZA_VAT) report contains country-specific features for South Africa that enable to create an file in text format with the required information, in accordance with the legal requirements. • Generate VAT list for sales and purchases according to the legal requirements in South Africa . • The report provides the options to generate both summary file and line item file. • After submitting the summary file, if the tax authorities require more details, they will send a request response file and you must generate a corresponding line item file. • You must upload this request response file for generating the line item file.

  7. Customizing Activity • V_T007Z- This table is used to maintain the Tax group versionwhich is required to allow customers to maintain the different combination of tax code and transaction key for different years. • In SPROChoose Financial Accounting  General Ledger Accounting  Business Transactions  Closing Report  Sales/Purchases Tax Returns  Assign Tax Group Version on Time-Dependent Basis • V_T007K- This table is used to define the link between VAT-codes and VAT-boxes for the identification of box number for summary item file . • In SPRO: Choose Financial Accounting  General Ledger Accounting  Business Transactions  Closing  Report  Sales/Purchases Tax Returns  Group Tax Base Balances • V_T007L - This table is used to define the link between VAT-codes and VAT-boxes for identification of field VAT Classification in the line item file. • In SPRO: Choose Financial Accounting  General Ledger Accounting  Business Transactions  Closing  Report  Sales/Purchases Tax Returns  Group Tax Balances

  8. Report Flow • SARS Process • Note: This process is mapped to flow chart. • Report RPFIZA_VAT would first create summary file and customer will send the same to SARS (Step 1 to 6). • SARS will send a request response file. • SAP report to read request response file to fetch response code (Step 5). If Response code = 008 create line item file with only those document asked by SARS in request response file. • Create the corresponding file and store in the path (application server) as specified in the selection screen (Step6).

  9. Output List • In the Output Parameters pane, specify if you want to execute the report as a test run or as a live run. • The report generates either a summary file or a line item file according to the criteria specified in the selection screen. • Specify a name for the output file in File Name – Application Server field. • File gets stored in the application server. We can download it using report RFASLDPC

  10. OUTPUT LIST FORMATS • Summary file list output

  11. OUTPUT LIST FORMATS • Line item list output

  12. Files • Summary file • Request response file (Created for testing purpose) • Line Item file

  13. Relevant Notes for the Legal Change User manual : Refer oss note 1701752for details customizations and report executionmanual

  14. DEMO

  15. Questions?

  16. Thank you Ajay Uniyal ajay.krishna.uniyal@sap.com

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