VISTAS 2023 - Drive the Momentum - October 18-20, Caesars Palace, Las Vegas - Learn More
background

SAP Excise Tax Management

Centralized tracking of excisable goods movement and tax value calculations.

strap image
We’re Extending SAP Capabilities Across Vistex-Enabled Processes

We’re Extending SAP Capabilities Across Vistex-Enabled Processes

SAP Excise Tax Management by Vistex is designed to help companies dealing with excisable goods to manage excise tax-relevant master data, track the movement of excisable goods and calculate accurate tax amounts. With increasing regulatory complexity, new taxes and advancements in technology – the solution is designed to handle complicated excise tax schemes, end-to-end goods tracking and tax-related processes and high volumes of inventory data, plus provide flexible reporting as business requirements change.

background

Accurately Calculate and Report Excise Taxes

Companies dealing with excisable goods like alcoholic beverages, tobacco, sugar and chemicals need to accurately calculate and report excise taxes to remain legally compliant. The solution reduces the cost of tax accounting and reporting by incorporating excise tax processes into existing workflows, tracking all excisable goods movements and offering simplified stock ledger reporting. By providing comprehensive customizing and maintenance functionalities for tax-relevant data, the manual effort associated with data management is significantly reduced. In addition, compliance, risk management and audit costs are lessened by simplifying legal reporting and providing a seamless audit trail of excisable goods material movement.

SAP S/4HANA Cloud Private Edition, excise tax management by Vistex

is an embedded S/4HANA solution that integrates with sales, procurement, supply chain and billing processes.

Extend the Master Data Framework

Extend the Master Data Framework

Provides the necessary foundation to create and manage excise tax-specific master data.  

Track Excisable Goods Movement

Track Excisable Goods Movement

Automatically determines excise tax-relevant material movement and books them into the stock ledger.

Calculate Tax Value

Calculate Tax Value

Enables the calculation of actual and statistical excise tax values integrated into business processes. 

Manage Accruals

Manage Accruals

Automatic accrual creation simplifies the handoff of payments to tax authorities via S/4HANA.

icon
icon
gredient

In the Core

Unique offering for SAP customers: Vistex solutions installed, managed and supported in your SAP S/4HANA or ECC on-premise or Private Cloud Edition deployment with no additional technology stack, data integrations or administrative overhead.

SAP S/4HANA Cloud Private Edition, excise tax management by Vistex

SAP S/4HANA Cloud Private Edition, excise tax management by Vistex

See how this co-innovation with SAP offers centralized tracking of excisable goods movement and tax value calculations

SAP margin optimization solutions by Vistex

A comprehensive collection of pricing software to help you understand customer behaviors, market trends and gross-to-net margins, providing AI-powered recommendations according to company goals and strategies; and then automate the approval, execution and publication of prices.

Model, negotiate and execute contracts for sales and purchasing rebates, end-customer pricing, marketing development funds, royalties and other incentive agreements.  Leverage AI-powered automation in analyzing net-net margin, forecasting accruals, and processing claims.

Manage content, clearing rights, collecting or disbursing royalties. Defines the IP rights available and calculates accurate royalty payments based on rights usage.

Optimize your agribusiness decisions with accurate, real-time data for all aspects of farm and grower back-office operations—right at your fingertips.

Simplifies the maintenance of product, pricing, and vendor master data using intuitive software workbench tools that require no assistance from IT.

Centralized tracking of excisable goods movement and tax value calculations.

Background

See firsthand how Vistex works in your SAP environment.

We’ll show you how Vistex extends SAP ERP to provide your business with a complete gross-to-net view of profitability with SAP margin optimization solutions by Vistex.

Let’s connect!