Blog
In follow up to my first article: SAP Hybrid Cloud Proves Successful for Latin America E-Invoicing Compliance Part 1, I wanted to go into further detail on why the Hybrid Cloud model is taking over as the leading solution choice for compliance across Latin America. Therefore, I am creating a series of blogs over the next weeks:
Important note: Up until 2014, the requirement to utilize electronic invoicing for domestic invoices in Chile was voluntary. This meant that you could transition to electronic invoicing, but if you did, you had to do it in a certain way that was managed by the government. However, you were not forced to do e-invoicing by […]
There is a strong public policy interest in promoting good health with many states applying sales tax exemptions or reduced rates on medical devices in order to support this policy. At the same time, states are looking to bolster their tax revenue and are sometimes inclined to interpret their medical-related sales tax rules strictly. While […]
Over the last 5 weeks, we have explored the top 5 reasons why companies are switching off on-premise software solutions to cloud providers, more specifically hybrid cloud. Here is a quick recap of the key take-away elements as well as a review of why the selection of the best solution is imperative.
Philips Selects Invoiceware’s SAP Hybrid Cloud for Brazil Nota Fiscal SaaS-based solution replaces legacy on-premise Nota Fiscal software reducing annual maintenance costs by 80% while increasing productivity within the electronic invoicing operation by 25%
There is a lot of discussion around cloud versus on premise. And there are a lot of definitions for a new trend –“The Hybrid Cloud”. Some analysts will say that it is a Platform as a Service play – meaning that you can distribute processing over multiple data centers. However, my meaning in this series […]
2014 North Carolina Sales Tax Changes The new year has brought with it significant sales and use tax changes in North Carolina. Last summer Governor Pat McCrory signed into law a comprehensive tax reform package that was passed by the North Carolina General Assembly. The reforms lowered the state income tax while also subjecting a […]
Dead people in Ohio get a tax break because applying makeup in a mortuary is tax-free, while applying makeup in a beauty salon is subject to sales tax. In Kentucky, stud fees for breeding a stallion to a mare is subject to sales tax. Taxes collected are distributed into three funds administered by the […]
Top 5 Reasons Why Companies are Using Brazil version 3.1 to Transition off of on-premise solutions on to Hybrid Cloud and Managed Service Solutions
With the recent publication of Council Implementation Regulation No 1042/2013 in the Official Journal of the European Union, we are reminded that the 2015 place of supply change for electronically supplied services is rapidly approaching. This leads us to ask many pressing questions. How will the supply of electronically supplied services be sourced, come January […]
Finding the best way to manage unclaimed property risk is very challenging, especially if you are filing for the first time and not under state audit. If you find your company is in an initial compliance situation you need to immediately initiate an outreach program and make every effort to contact the owners of the […]
Companies are using Brazil Nota Fiscal to transition off on-premise solutions including GRC NFe, Mastersaf and Synchro to Managed Service Solutions SAP Brazil Nota Fiscal version 3.1 – (Part 1 of 6) OnPremise SAP GRC NFe or a SAP ERP Managed Service Brazil came out with their latest changes in July 2013 – version 3.1 […]
In our continued conversations with multinationals around the new version of the Nota Fiscal process and schema, we continue to find that many companies don’t fully understand the breadth of the legislation. We hope the following checklist should help all managers of global SAP applications and support prepare for 2014. Many companies are even unaware […]
For 2014, Latin America has announced new tax and electronic invoicing policies which will divert IT funding and staff away from strategic initiatives while exposing multinationals to potential operational shut downs and severe financial penalties. If you are running a single SAP global instance or you are implementing SAP ERP in Brazil, Mexico, Chile or […]