How to Centrally Manage Taxes of Excisable Goods
Along with being inefficient, traditional approaches to handling excise taxes, such as through manual processes or with inflexible reporting tools, can open the door to errors.
And as this overview puts it, “All you need to do is miss one tax-relevant material movement or make a tax-calculation error, and you’ve got a costly penalty to pay.”
In 7 pages, the overview maps out how to modernize your strategy with help from the SAP S/4HANA excise tax management add-on by Vistex.
Continue on to discover how that strategy can support compliance and save your tax managers time.