VATSOL

Problemless VAT reporting in SAP ERP

UAEN

About product

Improved VAT accounting for Ukraine in SAP ERP

For 15 years of Ukrainian SAP ERP rollout projects, we have experienced all the difficulties related to the standard VAT localization package. That’s why we created our own solution – VATSOL.

This is an improved localization of VAT accounting for Ukraine. It’s goal is to make everyday work of a user more convenient and efficient, ensure them from occasional mistakes and be able to react on legal changes immediately.

With VATSOL you will get

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Stable operation allows you to perform work faster without being distracted by solving problems.

Reduce support costs

Multiple internal validations minimise manual mistakes, so you need support less frequently.

Reducing the risk of fines

The system is highly maintainable to react on frequent legal changes – no need to risk late submission of reporting.

VATSOL vs Standard localization

Factor

VATSOL

Standard localization

Number of updates

the fewer updates, the more stable your operations

1-2 updates per year to fix issues and add features

40-60 OSS notes per year, mainly to fix code errors

System footprint

the fewer tax codes, the easier is everyday work of users and support

10-12 tax codes

40-60 tax codes

Number of pre-post validations

the more checks, the less probablity of accounting mistake

More than 100 checks

20-30 checks

Customizing for individual client needs

We integrate your requests into our solutions and support it further

Code changes are not flexible and mostly impossible, no centralized support after

Efforts to implement

10-20 days

30+ days

Support costs

Fixed annual fee to include subscription for legal changes, bugfiuxes and new features

Additional costs to install 40-60 OSS notes per year and costs for the related consulting

Factor VATSOL Standard localization
Number of updates
the fewer updates, the more stable your operations
1-2 updates per year to fix issues and add features
40-60 OSS notes per year, mainly to fix code errors
System footprint
the fewer tax codes, the easier is everyday work of users and support
10-12 tax codes
40-60 tax codes
Number of pre-post validations
the more checks, the less probablity of accounting mistake
More than 100 checks
20-30 checks
Customizing for individual client needs
We integrate your requests into our solutions and support it further
Code changes are not flexible and mostly impossible, no centralized support after
Efforts to implement
10-20 days
30+ days
Support costs
Fixed annual fee to include subscription for legal changes, bugfiuxes and new features
Additional costs to install 40-60 OSS notes per year and costs for the related consulting

The outcome of VATSOL implementation is uninterrupted operation and reduction of the risk of penalties due to legal change implementation delays.

Functionality

Everyday VAT operations

  • Incoming and outgoing tax invoice (vat voucher) management, 20%, 7%, 0%.
  • VAT exampltion accounting.
  • Acounting of import/export operations.

Integrations

  • Integration with Tax reporting software via standard government XML format: medoc, sota, fredo, etc.
  • Integration with Excel: easy save and upload of Tax invoice from Excel.

Efficient monthly reporting

Creation of VAT declaration.

Specific business flows support

Retail, commission trade, rebates, below normal price sales etc.

Advantages of VATSOL

  • Our solution does not depend on OSS notes and SAP updates. This significantly reduces the time and effort required to update when legal changes happen, and thus reduces the inconvenience for the business during changes like that.

 

  • Minimal to no impact on your SAP system. Our solution uses 4-5 times less tax codes, less document types compared to the standard SAP localization, and can be implemented with less efforts.
  • User interface is tailored to real tax invoice layout. This reduces number of manual user mistakes and support requests compared to the standard SAP localization – VAT operation is validated by multiple check rules before the posting to reduce the risk of a mistake.

 

  • Database structure is design for performance even on a high volumes of operations.

Our code is covered with automatic unit tests which are executed after each change to the Solution. These are not simple 2+2=4 checks but full-scale business cases for multiple business situations. Thus in case something broke we immediately know it and fix before deploying to your SAP ERP systems. This improves stability and satisfaction of business users and reduces technical efforts to install updates.

If you have a specific business case which is not implemented we can develop a solution specially for you and integrate it into our solution. It will be not a side program to remember and run in 1 case per 10, but a seamless part of the single unified user interface which improve business user performance and satisfaction.

Our clients

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