Download - SAP S/4HANA and ECC · Ÿ Tax Accounts Update +91 80 80 80 68 51 [email protected] Digital Transformation on New Tax TCS SAP S/4HANA and ECC Complying with new TCS Tax rules on Goods

High Level Scope Ÿ TCS- SAP Notes ImplementaitonŸ Master Data changesŸ Pricing and Tax procedure changesŸ Tax Accounts Update

+91 80 80 80 68 51

[email protected]

www.savictech.com

Digital Transformation on New Tax TCS

SAP S/4HANA and ECC

Complying with new TCS Tax rules on Goods Sold effective from 1-October-2020

Govt of India has been strengthening its tax collection capabilities by implementing measures to collect tax at source.TDS or Tax Deduction at Source provisions of income tax cover payments such as rent, commission, professional fees, salary, interest etc. Persons making such payments deducts income tax and makes net payment.

New TCS provisions make the seller of any goods liable to collect TCS from the buyer.While TDS establishes tax trail on recipient’s income(primarily services), TCS aims at tax trail/recovery on buyer’s spend(on goods).

The Provisions related to collection of TCS on sale of goods exceeding Rs. 50 lakhs has been introduced in Finance Act, 2020 and is all set to be made applicable w.e.f. 01.10.2020.

High Level Scope Ÿ TCS- SAP Notes ImplementaitonŸ Master Data changesŸ Pricing and Tax procedure changesŸ Tax Accounts Update

Technical Scope: Ÿ SAP Techical NOTES implementation Ÿ BUPLA DDIC

Ÿ BUPLA Screen modificationŸ Customer Master DDICŸ Customer Master Screen modificationŸ Manual Activities for BP changesŸ DDICŸ DDIC For Subcontracting ProcessŸ Section Code ImplementŸ BADI implementation

Functional Scope Ÿ Configuration TCS NotesŸ Creation of SD access sequence for TCS

condition typesŸ Modification of pricing procedure with TCS

condition typesŸ Modification of account determinationŸ Creation of new Tax condition types for TSCŸ Modification of TAX procedure with TCS

condition typesŸ Section code updationŸ BTE Configuration

Exclusion Ÿ Modification of smart formsŸ Modification of existing reportsŸ New DevelopmentsŸ Standard SAP Notes which are & will be

released by SAP till 30.09.2020.

Project cost

INR 90000

Plan D1 D2 D3 D4 D5 D6 D7 D8 D9 D10

Technical Notes Implementation

Functtional Configuration

Unit Testing in Test Environment

Integration Testing in Quality

GO LIVE & Support

SAVIC TCS High Level Deployment Project Plan

Project Duration

10 Days

Ninety Thousand Only