VAT managers need to understand the migration agenda, check that their VAT solution is fit for purpose, and consider using a tax engine to improve the transition, as Roger Lindelauf of Vertex explains.
With the deadline to migrate to SAP S/4HANA still five years away, many businesses may be in the early stages of their migration process. The new functionality offered by SAP S/4HANA is designed to boost business agility, and it will have an impact on most internal business functions, including indirect tax and finance.
Source International Tax Review
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