SAP BRIM Integration with Vertex Tax Solution

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Feb 2023
SAP BRIM Integration with Vertex Tax Solution
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Introduction

• SAP provides a tax interface system that is
  capable of passing required data to an external
  tax system that determines tax jurisdictions,
  calculates taxes, and then returns these
  calculated results back to SAP. The tax interface
  system also updates the third partys software
  files with the appropriate tax information for
  legal reporting purposes.
• External tax systems, such as Vertex, can
  integrate with subscription order management and
  contract accounts receivable and payable to
  calculate sales, use tax externally, and record
  the tax data for a later tax return.

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What is Vertex Tax Solution?

• Vertex Tax Solution is a third-party tax software
  that integrates with SAP to automatically
  calculate the indirect taxes on sales and
  purchases of goods and services. It is an
  exception-based system. By default, all the
  transactions are considered taxable, unless you
  identify an exception.
• Vertexs product range includes various series,
  but the Vertex Indirect Tax O Series is the
  latest one. It can be deployed on the SAP cloud,
  on-premise, or as a hybrid. 
• The diagram besides explains the general process
  flow of the Vertex O Series

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How does taxability determine?
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Data Flow between SAP S/4HANA-BRIM and Vertex Tax
Solution
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Why Choose Acuiti Labs?

• Acuiti Labs helps businesses integrate and
  optimize SAP BRIM (Billing and Revenue Innovation
  Management) solutions. We have expertise in areas
  such as subscription billing, revenue
  recognition, and taxation.
• We can help you configure Vertex tax solution and
  integrate it with your SAP BRIM platform. This
  includes setting up tax jurisdictions, rates, and
  rules in Vertex, as well as configuring the SAP
  BRIM platform to handle the tax calculations and
  reporting.
• In addition, Acuiti Labs can help you with
  testing, and provides ongoing support to ensure a
  smooth and successful integration between your
  SAP BRIM and Vertex tax solution.
• Overall, Acuiti Labs can provide the expertise
  and resources needed to streamline the
  integration of SAP BRIM with Vertex tax solution,
  improving your tax compliance and reducing the
  risk of errors or delays in your billing and
  revenue management processes.

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Thank you

• Acuiti Labs872, Salisbury House,
  London EC2M 5QQ
• info_at_acuitilabs.co.uk
• 44 (0)20 7101 9405
• www.acuitilabs.co.uk