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