Uncovering disguised profit from sales tax in SAP
When the tax auditor comes to visit, there are always a number of challenges that need to be overcome. In some exceptional cases, however, the auditor’s visit is not necessarily announced beforehand, which is precisely why you should read this article carefully. To mention all the challenges here would definitely go beyond the scope of […]
Has your goods receipt/clearing account also degenerated into a garbage dump?
A good purchasing process in SAP uses a goods receipt/clearing account (GR/IR account) to always have an overview of the goods you have already received and for which you have already received an incoming invoice. In practice, unfortunately, I am forever seeing eternally open positions in this account, i.e. what basically amounts to an “accounting […]
Tax trap @ its best: How it is easy to fall into the trap of sales tax
Sales tax issues are complex and often unpopular with auditors – unless they come from the tax office itself that is! So, it’s better to be aware of the pitfalls. Sales tax credit notes are invoice documents that are issued by the company itself and are used to invoice an incoming service. In a sense, […]
Things are on the move in logistics – 3 quick wins in materials management
In auditing, the focus is frequently on financial accounting and the commercial processes of purchasing and sales. But there are of course other business processes that are worth considering. This time we are therefore going to take a look at SAP logistics and identify where you can make the simplest quick wins in auditing. We […]
Putting a stop to Process Outliers: How to find Deviations in Purchase-to-Pay
Normally, outliers are referred to as extreme values that deviate highly from other observations. The causes of this can be manifold and range from fluctuations during measurement and experimental errors to more novel types of phenomena. In the following case, however, it is rather down to a lack of knowledge, omission or simple laziness in […]
2 steps to analyze inventory differences in theft-sensitive goods
Inventory differences are troublesome in many ways. After determining differences, it is often necessary to do a recount just to find out that there are some goods in the corner of a warehouse corner somewhere that nobody had thought of. At least any direct impact on profit and loss will have been avoided however. Still, […]
2 steps to analyze inventory differences in theft-sensitive goods
Inventory differences are troublesome in many ways. After determining differences, it is often necessary to do a recount just to find out that there are some goods in the corner of a warehouse corner somewhere that nobody had thought of. At least any direct impact on profit and loss will have been avoided however. Still, […]
Are you delivering dangerous goods to “rogue states”?
It is no longer always easy to ensure total transparency in international business relations. They are nevertheless subject to high compliance requirements. In recent blog posts, we have looked at the topic of how to analyze business relationships with countries which may potentially prove problematic. These first and foremost include payments to countries that might […]
Tracing flows of cash in SAP: Where did your money go?
In accounting, it is normal to always pay special attention to what is going on with your own bank accounts. This is where the cash flows in or out – depending on the circumstances. In today’s blog post, though, I would like to show you how to use the data structures in SAP to find […]
Pandora’s box: from export-restricted goods to nuclear technology
Only a small fraction of companies worldwide generally do trade in export-restricted goods. Nevertheless, SAP has still come up with and marked the appropriate fields for configuration in the customer master data. In this blog post, we will show you what export-restricted goods actually are, give you a broad overview of the issues involved and […]