Tax Technologies, Inc.'s ERP2Tax Solution Achieves Certified Integration with SAP® Applications
Provider of high-end corporate income tax software achieves SAP integration certification for its ERP2Tax product
NEW YORK - June 7, 2018 - PRLog -- Tax Technologies, Inc. (TTI), a U.S. provider of high-end corporate income tax software serving large corporate customers, today announced that its ERP2Tax, version 1.0, has achieved certified integration with the SAP® ERP application.
The SAP Integration and Certification Center (SAP ICC) has certified that ERP2Tax 1.0 integrates with SAP ERP 6.0 and demonstrated capabilities to extract financial data such as SAP company codes, company detail, GL accounts and GL balance from SAP ERP into Tax Series™, TTI's flagship corporate income tax product.
According to TTI this real time and automated integration is designed to help remove the manual effort involved in moving data from the SAP application into Tax Series while reducing the risk of errors during the transition.
"Achieving SAP-certified integration for ERP2Tax is a strategic move that aims to greatly enhance how financial data can be processed for tax purposes in an era requiring companies to perform increasingly complex tax computations,"
Since ERP2Tax can synchronize the data in SAP ERP with data in Tax Series, companies can reuse the data in SAP ERP to automate a large portion of tax processing – tax planning, year-end tax provision to support 10K, quarterly provision to support 10Qs, annual tax returns, quarterly estimated tax payments, tax audit support after filing the tax returns, monitoring the global tax compliance activities, collecting the additional information through data collection, and legal entity management.
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To learn more about ERP2Tax and Tax Series, contact Biren Patel at 1 201 572 9085 or Biren.Patel@
Tax Technologies, Inc.