VAT Tax Calculation and Reporting for South Africa (5Z0)

This scope item provides information on calculating and reporting taxes in South Africa. This covers South Africa-based companies and foreign companies that do business in South Africa.

This scope item is required for South Africa VAT reporting in two situations: you have a company code within South Africa, or you have a company code outside of South Africa with tax registration in South Africa.

For more information, we recommend that you check the country roadmap for Registration for Indirect Taxation Abroad (RITA). Verify that the company code country and country of tax registration support the RITA solution.

Key Process Steps Covered

Post supplier invoice
Post general ledger account documents
Manage purchase requisitions
Pay invoice

Benefits

Provides information on calculating and reporting taxes in South Africa for South Africa-based companies and foreign companies that do business in South Africa

Additional Information

This scope item is excluded from the default activation

This scope item provides information on calculating and reporting taxes in South Africa. This covers South Africa-based companies and foreign companies that do business in South Africa. This scope item is required for South Africa VAT reporting in two situations: you have a company code within South Africa, or you have a company code outside of South Africa with tax registration in South Africa.

Where is VAT Tax Calculation and Reporting for South Africa(5Z0) being used?

This Scope item is used in the following way:

As a support function of Advanced Financial Operations within Finance Scope Item Group

Process flow of VAT Tax Calculation and Reporting for South Africa (5Z0)

Find below the process flow of the scope item VAT Tax Calculation and Reporting for South Africa as it is defined for release s4hc-2111.

Download Process Flow of Best Practice scenario VAT Tax Calculation and Reporting for South Africa (5Z0) - S/4HANA Cloud

Ref: Finance of SAP S4HC-2111

Best Practices related to S/4HANA

Best Practices of SAP S/4HANA On Premise *1
Best Practices of SAP S/4HANA Cloud *2
Best Practices of SAP Analytics Cloud *2
Best Practices of Robotics Process Automation(RPA) with SAP Leonardo *2

*1) Yearly Updates are released per September of each year
*2) The Quarterly updates are released per Februari, May, August and November
Details of future releases can be found in the SAP Roadmap section of each product. Go to SAP Roadmap Product Finder.

Knowledge Center Scheer Nederland | The Process Experts Visit also the SAP Cloud ERP knowledge center of Scheer Netherlands. The following topics are covered:

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