FAS-TAX
A solution that provides user convenience by generating electronic files in accordance with the Hometax electronic filing format.
FAS-Tax (VAT, Withholding Tax) Solution
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Overview
This SAP-based packaged solution collects and generates data required for VAT and withholding tax reporting. It provides user convenience by creating electronic files formatted to match the HomeTax electronic filing requirements.
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Key Features
SAP-based packaged solution that generates VAT and withholding tax return files in electronic format for direct submission to Hometax
Provides functionality to compare and verify accounting voucher details against Hometax data for accurate VAT return preparation
Offers SAP accounting voucher control through draft saving and return submission functions
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Business Value
Visibility Aggregates electronic tax invoice database Maintains accounting data consistency by linking electronic tax invoices with SAP vouchers
Increasing Operational Efficiency Facilitates monthly closing, tracking of unprocessed tax invoices, and verification of unlinked vouchers Reduces implementation time by providing RFCs required for API connection between SAP and ASP vendors for electronic tax invoice issuance data
FAS-Tax (VAT) Key Features
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VAT Return Management
Mapping function for tax codes and specification codes in supplementary statements for VAT returns
VAT Return Target Management
Master management of deemed rental rates for VAT
VAT income amount on return statements, etc.
(Taxable base statement/ Tax-exempt income amount)Zero-rated mutual agreement on return statements
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Supplementary Statement Management
Linked management with SAP BP Master (e.g., customer email addresses)
Summary Statement Management
Zero-Rated Statement Management
Real Estate Lease/Acquisition Statement Management
Non-Deductible Input Tax Statement Management
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Additional Tax Deduction
Reported Additional Tax Registration
Reported Bad Debt Tax Credit Registration
Reported Other Tax Items
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VAT Filing
Mapping function between accounting vouchers and HomeTax (tax) invoice issuance information
Other Sales Statement for Filing
Business Unit Taxation Business Location-Specific VAT Return for Filing Statement
General Taxpayer Filing Statement
Amended Return Request Management
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Electronic File Filing
Provides convenience to manage and confirm filing targets for sales and purchases processed in accounting
Value-Added Tax Return
API RFC Provision
Real-time Verification of HomeTax (Tax) Invoice Issuance History
Tax Transmission Document Details RFC
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Reference Information Management
Management Function for VAT Codes Subject to Tax Invoice Issuance
Business Location Master Management
Company Code Taxable Type
Company Code VAT Filing Type
Company Code Supplementary Statement
Master VAT Code Management
FAS-Tax (Withholding Tax) Key Features
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Master Data Management
Business location master and withholding tax rate management for tax invoice issuance
Business location withholding tax rate management
Business income and other income classification management
Financial income classification management
Withholding tax compliance report management
Master withholding tax code management
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Withholding tax filing management
Providing voucher entry programs based on registered data
Business Income Occurrence Registration Management
Other Income Occurrence Registration Management
Interest Income Occurrence Registration Management
Dividend Income Occurrence Registration Management
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Supplementary Statement Management
Withholding Tax Receipt Business Income Management
Withholding Tax Receipt Other Income Management
Aggregation of Withholding Tax Reporting Targets
Finalization of Withholding Tax Reporting Targets
Electronic File Reporting
Withholding Tax Return