SAP S/4HANA Cloud: VAT Support for EU Cross-Border Movement of Own Stock

• SAP S/4HANA Cloud, Public Edition can handle VAT compliance for cross-border movement of own stock within the EU.
• The solution is based on Registration for Indirect Taxation Abroad (RITA) and introduces the Proposed Tax Posting document.
• The Proposed Tax Posting provides essential information for accurate reporting and compliance in EU Cross-Border Movement of Own Stock scenarios.
• The solution also includes the Consignment Register
• Sales View app, which tracks consignment goods movements based on EU simplification rules.
• This blog serves as an introductory guide and should not be considered as legal advice.
• The blog covers topics such as the definition of EU Cross-Border Movement of Own Stock, potential VAT implications, and how the Proposed Tax Posting solution can help.
• It also discusses the simplified consignment process, the interrelation between RITA, Proposed Tax Posting, Consignment Register, and Foreign Plant, and provides useful links for further information.

Source: blogs.sap.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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