Automized Realization and Declaration
of Turnover Taxes
More Compliance throughout the entire Verification and Declaration Process
Fully automated VAT declaration in SAP
Whether it's an advance VAT return, annual VAT return, permanent extension or EC sales list: SARA is the ideal, fully integrated add-on for SAP R/3 and SAP S/4 HANA. Your VAT declaration process is transparent, automated and audit-proof - from individual companies to complex organizations on different ERP systems.
Unter anderem setzen folgende Unternehmen beim Zahlungsverkehr auf ELZA:
Simplify VAT Declaration Processes with SARA
SARA is a tool that streamlines the process of creating, reviewing, approving, and submitting VAT declarations. It is an SAP add-on that integrates directly with your ERP system, whether it be SAP R/3 or SAP S/4 HANA. Using SARA can save you time and improves the accuracy of your VAT declarations.
The tool guides users through the creation of your VAT declarations:
- monthly VAT returns
- annual VAT returns
- special advance payments/permanent time extensions
- recapitulative statements
- creation of declaration data for other EU countries.
It handles tasks such as importing and verifying data, making accounting adjustments and reporting the tax declaration to tax authorities. SARA also includes a qualified VAT ID check for your business partner. As part of the support and maintenance bundle, SARA is always compatible with the latest SAP version, as well as up-to-date regarding changes to the declaration forms.
The following companies, among others, rely on SARA for the declaration process
Key Benefits in the Declaration Process
How can SARA help you set the right priorities?
Automated Data Preparation
SARA significantly reduces manual effort. The automated process steps for creating declarations include the import, preparation of relevant declaration data, automatic plausibility checks and sample determination. Corrections and the allocation to the individual organizational units can be posted directly by SARA.
Audit-proof & Compliant
The compliance requirements throughout the entire declaration process are documented in SARA in an audit-proof manner. All adjustments can be evaluated at any time using the integrated reporting. All declared amounts and postings remain traceable even years after the change.
Efficient Collaboration
The workflow in SARA simplifies and accelerates collaboration between the tax and accounting departments. Event-based e-mail notifications facilitate communication. At the same time, all work and coordination steps are clearly recorded.
Core Functions
SARA automatically imports all relevant financial data from the company codes of the SAP system. Furthermore, the SAP add-on offers the possibility of manual or semi-automated uploads of relevant reporting data from companies in other ERP systems. System-based plausibility checks systematically examine the underlying data for potential errors in the posting.
All adjustments are documented at document item level in the worklist. As part of the checking process, SARA records all adjustments, including error categories, in an audit-proof manner. Documents with different posting and reporting dates can be assigned to the correct declaration period. The workflow then supports the subsequent work steps.
If the adjustments in the worklist result in correction postings SARA can automatically post them. A workflow for reconciliation with the accounting department is available for this purpose. In addition, the clearing of the tax payable accounts can be automated via SARA once the declaration has been finalized.
After the document check has been completed, the determined VAT values can be transmitted to the tax authorities. To ensure optimal integration into the system landscape, several options are available for this process step: In addition to a dedicated SARA-ERiC interface, there is the option of using existing connections in SAP or also the XLS/CSV export for various third-party tools.
To make authorizations in the system as flexible as possible, SARA offers a concept of roles for the tax department, accounting department, and revision. The four-eye principle guarantees process security. In addition, authorizations for company codes and reporting types can be individually customized.
VAT compliance requirements are integrated directly into the declaration process. SARA can be used to define sampling requirements, for example, which are automatically performed for each period. The documentation of audit scopes thus takes place within the SARA process and the requirements of a compliance management system (CMS) are taken into account.
References
SARA Implementation at DZ BANK AG
The SAP add-on SARA supports DZ BANK in mapping all steps in the declaration process in an automated and compliant manner.
Product Insights
Overview of all reporting data
SARA imports all data, presents an overview of postings by G/L account and tax code with comparative dataand includes a link to posted documents in the ERP. Plausibility checks are also performed, allowing for a detailed review to begin.
Declaration form per tax group and company code
Upload of reporting data from other systems
SARA allows companies to consolidate their data from various ERP systems, including SAP, DATEV, and third-party tax consultants, into one central system for easy management. This allows the import of data on a single document or aggregated level.
Manual adjustments
The tax department can make manual adjustments or enhancements to existing postings beyond the data in SAP, ensuring that the amounts declared are always accurate from a tax perspective.
Transmission of the declaration with one click in SAP
SARA offers a versatile range of options for the efficient transmission of declaration data to tax authorities. The preferred method is through the SARA interface, which enables the seamless transfer of the data directly from within the SAP system. Additionally, clients can also utilize already existing interfaces within their SAP system or third-party tools.
Post declaration postings
If adjustments made during the declaration process impact the tax payable accounts of various company codes, SARA promptly executes the necessary clearing of amounts. Additionally, SARA provides the corresponding FI postings via direct import.
SARA Webinare
Playlist
SARA Whitepaper
As the only add-on that is fully integrated into SAP, SARA supports you in mapping all processes relating to the creation of VAT declarations in one place.
Our SARA whitepaper outlines why it is worth relieving your tax department and accounting department by automating processes in SARA and combining the entire reporting process in an audit-proof manner in one tool.
Contact
Miklós Hegybiró
Managing Director
IKOR Products GmbH
info-products@ikor.one
+49 40 8199442-0
Frauke Boelsen
Product Manager SARA
IKOR Products GmbH
info-products@ikor.one
+49 40 8199442-0
Tax Technology
Increase efficiency with IKOR sales tax tools for your SAP application
Find out in this interview how the integration of tax technology solutions into S4/HANA ecosystems supports the tax department. Discover powerful add-ons such as VERA and SARA that enable accurate input tax allocation and efficient declaration processes. Optimise your SAP system and ensure compliance with customised configurations and seamless integration.
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