Benefit from the power of an intelligent, data-driven, end-to-end process
Old ways of handling excise taxes—for example, with manual adjustments, siloed processes, and inflexible reporting tools—are simply too costly and inefficient and can lead to errors. 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. SAP S/4HANA, excise tax management add-on by Vistex
is a solution extension for your SAP S/4HANA software to address the complexities of excisable goods. It lets you centrally manage the excise tax–relevant master data, track the movement of excisable goods, and automatically calculate tax amounts. Use it to improve accuracy and efficiency while reducing the costs associated with reporting, data management, compliance, and audits.