U.S. Tax and SAP
Gain unique and practical insights to U.S. tax issues from an SAP perspective. Learn about tax withholding and reporting, record retention, federal income tax integration, tax-related master data, and mo
(Sprache: Englisch)
US taxation issues are complex and spread across all functional areas, including Financials, HCM, SD, MM, and even Asset Management, and Project Systems. Taking a practical, holistic approach, this reference book teaches you how to deal with critical US tax issues in an SAP system.
Leider schon ausverkauft
versandkostenfrei
Buch
69.95 €
34 DeutschlandCard Punkte
sammeln
- Lastschrift, Kreditkarte, Paypal, Rechnung
- Kostenlose Rücksendung
- Ratenzahlung möglich
Produktdetails
Produktinformationen zu „U.S. Tax and SAP “
US taxation issues are complex and spread across all functional areas, including Financials, HCM, SD, MM, and even Asset Management, and Project Systems. Taking a practical, holistic approach, this reference book teaches you how to deal with critical US tax issues in an SAP system.
Klappentext zu „U.S. Tax and SAP “
Are you a member of your company s tax department or SAP implementationteam? Perhaps you are a tax consultant working in an SAP environment or an SAP professional charged with tax responsibilities. If so, this comprehensive reference will quickly become your most trusted guide as it walks you, step-by-step,through the entire process of integrating your systems with SAP.Based on SAP ERP 6.0, this book is a practical overview of U.S. taxation, from an SAP perspective. It teaches you how to use SAP to streamline your tax preparationand reporting, illustrates the value of SAP Master Data, and much more.This hands-on book also features detailed coverage of all aspects of an SAP system affected by tax issues, including Financials, SD, and MM, Project System, and even Asset Management.In addition, you ll explore the insand-outs of the invaluable SAP DART tool, uncover SAP s powerful controls, and find out how best to use external tax tools. Financial auditors and IRS auditors will find this book highly useful in solving complex SAPand U.S. tax-related issues.Finally, you have a resource to help you maximize the vast capabilities of SAP for handling the ever increasing complexities of U.S. tax issues in this post Sarbanes-Oxley era.Topic Highlights:U.S.Tax OverviewFederal Income Tax IssuesTax Withholding and ReportingMaster DataPayroll and Benefits IssuesState and Local Tax IssuesTravel and EntertainmentProperty TaxesSales and Use Tax IssuesInterfaces to Tax ComplianceSystemsDART155
Inhaltsverzeichnis zu „U.S. Tax and SAP “
1 Introduction 231.1 What Is Tax Integration? 24
1.2 The Tax Integration Process 25
1.3 Understanding Your SAP Team 28
1.4 Implementation Teams 29
1.5 Phases of an SAP Implementation 31
1.6 SAP Solution Manager and Its Role in Project Management 32
1.7 Summary 34
2 Overview of Taxation in the United States 37
2.1 Federal Income Taxes 38
2.2 State and Local Income Taxes 43
2.3 Sales and Use Taxes 44
2.4 Property Taxes 46
2.5 Payroll and Benefit Taxes 47
2.6 Other Taxes 48
2.7 International Taxation 48
2.8 Record Retention Issues 48
2.9 Summary 50
3 Impact of Organizational Structure on Tax 51
3.1 The Use of Company Codes in SAP 51
3.2 The Role of SAP Revenue and Cost Objects 59
3.3 Summary 67
4 Federal, State, and Local Income Tax Integration 69
4.1 Chart of Accounts 69
4.2 Fixed Assets 71
4.3 Intercompany Transactions 81
4.4 International Tax Considerations 83
4.5 Summary 84
5 Tax Withholding and Reporting 85
5.1 Classic Withholding versus Extended Withholding 85
5.2 1099 Withholding and Reporting 88
5.3 1042 (NRA) Withholding and Reporting 90
5.4 Configuration of Extended Withholding 91
5.5 Summary 95
6 DART and Record Retention for Tax Departments 97
6.1 DART 98
6.2 Implementing DART 100
6.3 Unstructured Record Retention for Tax 119
6.4 Summary 121
7 Payroll and Payroll Taxes 123
7.1 Payroll Tax Compliance 124
7.2 Tax Reporter 125
7.3 Tax Uses of Payroll Data 127
7.4 Payroll Tax Audits 128
7.5 Summary 129
8 Master Data 131
8.1 The Company Code Master 131
8.2 The Plant Master 134
8.3 The Storage Location Master 135
8.4 The Asset Master 136
8.5 The Material Master 137
8.6 The General Ledger Master 138
8.7 The Customer Master 139
8.8 The Vendor Master 140
8.9 The Cost Center Master 142
8.10 The Internal Order Master 143
8.11 The Project/WBS Master 145
8.12 Master Data Cleansing 146
8.13 Loading Master Data 147
8.14 Summary 148
9 Tax Reporting 149
9.1 SAP Standard Reports 150
9.2 SAP Query,
... mehr
Report Painter, and Report Writer 152
9.3 Functional Specifications for Reports 155
9.4 Summary 156
10 Other Income Tax Topics 157
10.1 Third-Party Income Tax Compliance Systems 157
10.2 Section 199 — The Domestic Production Activities Deduction 158
10.3 Travel and Entertainment Expenses 165
10.4 Apportionment 169
10.5 R&D Tax Credits 172
10.6 FAS 109, FAS 123R, and Other Accounting Issues 174
10.7 Summary 176
11 Property Tax 177
11.1 Asset Cost Buildup 177
11.2 External Property Tax Software 181
11.3 Summary 185
12 Calculating Sales and Use Tax Within the SAP System 187
12.1 The Sales and Use Tax Calculation 187
12.2 Tax Procedures and the Condition Technique 188
12.3 Overview of Tax Tools in An SAP System 190
12.4 U.S. Tax Procedures 201
12.5 Sales and Use Tax Analysis 207
12.6 Summary 208
13 Calculating Sales and Use Tax Using External Tax Software 209
13.1 Strengths And Weaknesses of TAXUSX 209
13.2 Configuring the Communication Link Between R/3 or ECC and External Tax Software 211
13.3 Building the Logic Matrix Within the External Software System 225
13.4 Summary 226
14 Tax Configuration in the SAP System 227
14.1 Assigning a Tax Procedure to a Country 228
14.2 Configuration Steps Unique to TAXUSX 229
14.3 Defining the Structure of the Tax Jurisdiction Code 231
14.4 Master Data Configuration and Master Data in SD 231
14.5 Master Data Configuration and Master Data in MM 236
14.6 Maintaining Tax Codes 243
14.7 Nontaxable Transactions 247
14.8 G/L Account Maintenance 247
14.9 A Final Word About Sales and Use Tax Configuration 249
14.10 Summary 249
15 Miscellaneous Taxes 251
15.1 Franchise Taxes 252
15.2 Beverage Taxes and Bottle and Can Deposits 254
15.3 Waste Taxes and Environmental Fees 258
15.4 Summary 259
16 Transfer Pricing 261
16.1 The SAP Solution to Transfer Pricing Issues 262
16.2 Transfer Pricing for Tax 266
16.3 Summary 269
16.4 Book Summary 269
A Suggested Tax Accounts 273
B Asset Classes and Depreciation Areas 277
C DART Team Application Process 281
D DART Transaction Codes for DART Release 2.4 285
E DART Administrator Role 287
F Suggested Payroll Data Elements 289
G Data Requirements for Intercompany Transaction Analysis 293
G.1 Legal Entity Profit and Loss Reports in U.S. GAAP 293
G.2 Legal Entity Balance Sheet Reports in U.S. GAAP Cash 294
H IRS Tax Forms 297
H.1 Tax Forms for Chapter 1 297
H.2 Tax Forms for Chapter 4 302
H.3 Tax Forms for Chapter 5 331
H.4 Tax Forms for Chapter 7 334
H.5 Tax Forms for Chapter 10 344
H.6 Tax Forms for Chapter 11 347
H.7 Tax Forms for Chapter 12 348
I Glossary 349
J About the Author 353
Index 355
9.3 Functional Specifications for Reports 155
9.4 Summary 156
10 Other Income Tax Topics 157
10.1 Third-Party Income Tax Compliance Systems 157
10.2 Section 199 — The Domestic Production Activities Deduction 158
10.3 Travel and Entertainment Expenses 165
10.4 Apportionment 169
10.5 R&D Tax Credits 172
10.6 FAS 109, FAS 123R, and Other Accounting Issues 174
10.7 Summary 176
11 Property Tax 177
11.1 Asset Cost Buildup 177
11.2 External Property Tax Software 181
11.3 Summary 185
12 Calculating Sales and Use Tax Within the SAP System 187
12.1 The Sales and Use Tax Calculation 187
12.2 Tax Procedures and the Condition Technique 188
12.3 Overview of Tax Tools in An SAP System 190
12.4 U.S. Tax Procedures 201
12.5 Sales and Use Tax Analysis 207
12.6 Summary 208
13 Calculating Sales and Use Tax Using External Tax Software 209
13.1 Strengths And Weaknesses of TAXUSX 209
13.2 Configuring the Communication Link Between R/3 or ECC and External Tax Software 211
13.3 Building the Logic Matrix Within the External Software System 225
13.4 Summary 226
14 Tax Configuration in the SAP System 227
14.1 Assigning a Tax Procedure to a Country 228
14.2 Configuration Steps Unique to TAXUSX 229
14.3 Defining the Structure of the Tax Jurisdiction Code 231
14.4 Master Data Configuration and Master Data in SD 231
14.5 Master Data Configuration and Master Data in MM 236
14.6 Maintaining Tax Codes 243
14.7 Nontaxable Transactions 247
14.8 G/L Account Maintenance 247
14.9 A Final Word About Sales and Use Tax Configuration 249
14.10 Summary 249
15 Miscellaneous Taxes 251
15.1 Franchise Taxes 252
15.2 Beverage Taxes and Bottle and Can Deposits 254
15.3 Waste Taxes and Environmental Fees 258
15.4 Summary 259
16 Transfer Pricing 261
16.1 The SAP Solution to Transfer Pricing Issues 262
16.2 Transfer Pricing for Tax 266
16.3 Summary 269
16.4 Book Summary 269
A Suggested Tax Accounts 273
B Asset Classes and Depreciation Areas 277
C DART Team Application Process 281
D DART Transaction Codes for DART Release 2.4 285
E DART Administrator Role 287
F Suggested Payroll Data Elements 289
G Data Requirements for Intercompany Transaction Analysis 293
G.1 Legal Entity Profit and Loss Reports in U.S. GAAP 293
G.2 Legal Entity Balance Sheet Reports in U.S. GAAP Cash 294
H IRS Tax Forms 297
H.1 Tax Forms for Chapter 1 297
H.2 Tax Forms for Chapter 4 302
H.3 Tax Forms for Chapter 5 331
H.4 Tax Forms for Chapter 7 334
H.5 Tax Forms for Chapter 10 344
H.6 Tax Forms for Chapter 11 347
H.7 Tax Forms for Chapter 12 348
I Glossary 349
J About the Author 353
Index 355
... weniger
Autoren-Porträt von Michael Scott
Scott, MichaelMichael Scott has been involved in tax and financial issues since 1975, working in both large and small businesses. He has spent more than seven years dealing with tax issues regarding SAP. Michael has trained IRS agents from the Computer Audit Specialist (CAS) program on and has negotiated with them on behalf of five major corporations regarding record retention for tax.
Bibliographische Angaben
- Autor: Michael Scott
- 2007, 360 Seiten, mit Abbildungen, Maße: 17,7 x 24,7 cm, Gebunden, Englisch
- Verlag: Rheinwerk Verlag
- ISBN-10: 1592291554
- ISBN-13: 9781592291557
Sprache:
Englisch
Kommentar zu "U.S. Tax and SAP"
0 Gebrauchte Artikel zu „U.S. Tax and SAP“
| Zustand | Preis | Porto | Zahlung | Verkäufer | Rating |
|---|
Schreiben Sie einen Kommentar zu "U.S. Tax and SAP".
Kommentar verfassen