New functionality of Taxmarc 2.1

Published on: 07.01.2023

New functionality of Taxmarc 2.1

The new version Taxmarc 2.1 certified for SAP S/4HANA cloud, release 2022 includes the following improvements, among others:

  1. Compatible with the latest SAP technology (e.g. Fiori)
  2. Real time graphical overview of document flows for all sales and purchase transactions
  3. More flexibility to implement complex indirect tax rules
  4. Time stamp on tax classification changes (If government decides to change a range of products from high rate to reduced rate)
  5. Validation of material tax classifications per country, for EU countries based on commodity codes (via TEDB database).
  6. Smart online analyses functionality (all configuration steps that influenced the tax code decision will be shown)
  7. Improvements regression testing tool


In case of questions, the Taxmarc team is always available to help you.


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