Enterprise Tax Solutions, Inc.
Bright Ideas for Corporate Tax
eTaxSolutions is a global Tax Technology company specializing in software development and consulting. This includes implementation and production support of the
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Standard Audit Files for Tax (SAF-T)
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Tax Data Warehousing
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Implementing SAP from a Tax Perspective
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SAP training for Tax Professionals
We have been consulting since 1999 for large multi-national corporate tax departments in a wide variety of industries and continue to grow. Read more
Choice of Fortune 200
Global Tax Departments!
We have a depth of understanding in Tax and related processes. This allows our clients to express their needs using Tax terms without having to know "IT speak" ~ we are fluent in both! In most cases we are able to anticipate Tax needs, as we have been engaged in this space for over 20 years.
Our people have inquisitive minds and love a good puzzle. Not only are our teams cross-functional, but each individual is an expert in one or more disciplines including: Tax, SAP, Accounting, Process Flow, Data Analysis, Documentation, Software Architecture, Application Development, SAP Data Retention Tool, Standard Audit Files for Tax, and XML Schema Definitions.
Innovations Transcending Borders
After 20 years of SAP consulting for Tax and the Data Retention Tool (DaRT), we are expanding into the international tax software market! Governments require submission of accounting data for tax compliance and tax audits. Many countries require these accounting data submissions to be formatted as an eXtensible Markup Language file (XML). The XML files generally follow the design of the Organisation for Economic Co-operation and Development (OECD). However, each government can customize, expressing the data content, formatting, sequencing, restrictions, and other attributes in an XML Schema Definition (XSD) file. Although the XSDs are publicly available, they are complex, and interpreting their precise meaning can be challenging.
Simplified: Taxpayers need a way to easily provide tax authorities valid XML files that contain requested data, following all the formatting and restriction rules as defined in the XSD by the government. Help is on the way with eTaxSolutions developed products:
eTaxAudit centralizes accounting data needed for producing XML files (e.g. accounting books, sales invoices, value-added taxes, goods movements, etc.), and then generates XML files. Regardless of country, report or SAP design, eTaxAudit allows for customization through configuration, and not customized programming! If data needs to be adjusted to properly report to the tax authorities or if the data is not available in the SAP system – no worries – eTaxAudit allows for the importing, posting and automation of manual adjustments while maintaining an audit trail of who, what, and when the change occurred.
eTaxEcho verifies that an XML file technically complies with the tax authorities’ requirements expressed as an XSD file before the taxpayer submits tax returns and tax audit files. If technical errors are found, eTaxEcho provides specific error details such as number of errors and error descriptions. Plus, the exact location of the error(s) are highlighted in the file. This allows the user to conveniently navigate through the file to visually inspect each error.
XML files usually created by Information Technology professionals, are difficult for Tax professionals to review and have confidence in the reported data. eTaxEcho's XML Analyzer is the perfect tool to display the XML file in a user-friendly grid format ~ complete with filtering and sorting capabilities. Still not sure about the data in the XML file? If further analysis is needed export the XML data contents to third party spreadsheet and database applications.