automation
SABRIX is an enterprise tax solution for Sales tax, Use tax, Value Added tax, and GST automation.
Tax Engine
Tax Content
The tax engine contains the transaction processing rules such as identifying an export, import,
domestic sale and reverse charges scenarios.
The tax content contains tax rates and related rules for many jurisdictions including European
Countries, Asia, Pacific, Latin America, North America and much of Africa.
The tax content is updated monthly, if not more often based on changes in the tax laws around the
world. It may contain updates to an authority's rate or to the applicability of a rate to a particular
product (referred to as product taxability).
Basics of SABRIX:
The SABRIX system will be used to make sales, use and value added tax decisions, calculations during
the sales order and validation/use tax accruals during the billing process within SAP's SD, FI, MM
modules.
Sales orders/billing and purchase order/invoicing details will be submitted to the SABRIX system from
SAP through an interface developed by SAP, which passes the details (data elements) required to:
1. Determine the transaction types
2.
3.
Return the tax-calculated results to SAP including tax rate, type of tax (domestic, import
etc), jurisdiction and invoice messages for printing and exemption details. This detail is
used for reporting and also for:
o
o
Printing an invoice
Validating a vendor's invoice
Capture data for preparing tax returns and input tax credits. SABRIX simplifies the
preparation of tax returns by classifying the nature of the transaction based on tax type
(domestic, import, export) and rate code (standard rated, reduce rated)
4.
2.
3.
Create the tax entries within the SAP General Ledger. Setup of logic to determine the
GL accounts for tax accounting.
4.
Capture data for preparing tax returns and input tax credits. SABRIX simplifies the
preparation of tax returns by assigning jurisdiction codes to line item information that may be
readily retrieved for automated return preparation.
5.
Identify required data for the invoice: text messages, Tax registration numbers etc
3.
Capture data for preparing sales tax returns on a multi-jurisdictional basis. This includes all variables
utilized to make the decision including the custom transaction attributes identified later.