Financial Excellence SIG UKISUG

Business 2 Government, S/4HANA, Tax and audit readiness

Financial Excellence SIG UKISUG

1 JANUARY, 1970



Event Format


About this event

Organised by the UK & Ireland SAP user group (UKISUG), the Financial Excellence SIG aims to provide an opportunity for SAP Financial and IT users who use and support Finance and BPC modules. This is an opportunity to get connected and share our experiences, best practices and
knowledge gained.

TJC Group session

Business 2 Government: How to Manage SAP Tax Compliance Efficiently?

As your organisation grows and expands into new markets, tax compliance becomes more complex. The digital landscape for tax compliance is fast-evolving and keeping up with both region-wide and country-specific legislation is an ever-increasing challenge for businesses worldwide.

To be tax compliant, companies must submit the right information at the right time and in the correct format, facing sometimes extremely tight deadlines. But finding the right information in your SAP systems isn’t always easy. It requires the cooperation of several players from the SAP and IT teams that need to communicate and understand each other. Find out how to design and configure your SAP systems to respond to the tax digitalisation imperative

What will you learn in this session?

From a Tax perspective

  • How to make tax compliance within SAP simple, accurate and stress-free.
  • Reduce effort and time to prepare tax reporting on a regular basis within a short timeframe
  • Monitor, analyse and interpret the changing tax legislation to ensure compliance with laws and regulations.
  • Identify and mitigate tax risks to avoid non-compliance and penalties.

From an SAP perspective:

  • Design and configure SAP system to respond to the tax digitalisation imperative and meet global and local tax requirements
  • Assist the tax teams with tax reporting challenges in SAP
  • Reduce time and effort to manage global tax solutions and maintenance

SAP session

SAP S/4HANA Cloud for advanced financial closing

James Willis from SAP will present SAP S/4HANA Cloud for advanced financial closing

The month-end close is stressful for any company. Your finance management team needs the visibility to ensure everyone is on track to produce complete, accurate, and timely financials. SAP S/4HANA® Cloud for advanced financial closing centralizes standard operating procedures across systems (Cloud and On premise), of a full end to end period end process.

It orchestrates automated routines, and accelerates manual processes. Management teams gain insight into the progress of each close.

Sam Karbani from SAP will deliver an update on the changes to the VAT report and the introduction of Postponed Accounting following the UKs departure from the EU.

If you cannot attend the session, please contact us and we will send you the recording and slides of the presentation.