When deciding on a tax engine, consider the following distinctive points

Points to consider when deciding on a tax engine

In this article we address some important points to consider when selecting a Tax engine and explain why we believe Taxmarc addresses those better than other products on the market.

• Does the solution come with indirect tax content
• Is the solution a tax engine or does it simply map flows to tax outcomes
• Is the solution transparent
• Not all required parameters are available in standard SAP to perform correct tax determination, is the solution able to add these parameters?
• Does the solution identify incompliant transactions and transactions with incomplete tax data needed to make a valid tax decision
• Is the solution scalable, is it able to serve your whole ERP landscape and other applications

Source Taxmarc

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