About Smart Tax Adjustments
The Smart Tax Adjustments tool automates tax adjustments for your Accounts Payable and Accounts Receivable documents in SAP.
With the Smart Tax Adjustments tool, instead of manually posting adjustments and reviewing tax reports, you can correct tax amounts directly in SAP while keeping Tax Determination synchronized.
- How it works
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The tool identifies which documents you can adjust, posts the adjustment documents automatically, and updates Tax Determination, reducing manual work and preventing inconsistencies.
- When you may need adjustments
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Exemption certificates are shared after invoicing
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Transaction data contains errors
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Tax rules change
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Prerequisites
- System requirements
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One of the following versions of SAP:
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SAP ECC 6 (SAP_BASIS 700/level 0015 or higher and SAP_ABA 700/level 0013 or higher)
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SAP S/4HANA AnyPremise or Cloud Private Edition version 1909 or higher
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The Sovos SAP On-Prem Adapter version 9.8.0 or higher
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The ABAP Package that contains the SAP integration tools (same version as your SAP On-Prem Adapter)
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- Configuration requirements before installing the Smart Tax Adjustments tool
Process overview
Follow these steps to install and configure the Smart Tax Adjustment tool in your SAP environment.