We are proud to announce that we developed our new web-based Service Charge Tool !! Please find below which problems you can solve with this solution and how you benefit from it.
Please contact André Jaekel if you have questions to the Service Charge Tool or want to enjoy a live demo.
Which problems are we solving?
- With our Service Charging Tool you are able to perform the groupwide cost allocation highly automated and very flexible. For example, you can charge services monthly with budget amounts and perform a true up to the actual costs quarterly or at the end of the fiscal year. You can also charge monthly actuals. And you can set up any combination of such models.
- You import and maintain the cost centers, cost elements, allocation key data, group companies, services, mark-ups per service, stewardship amounts, pass-through costs, absolute amount allocations, direct charging by employees.
- As a result of the cost calculations, you can create reports such like journal entries, billing upload files (SAP SD), full transparency report from source cost center to receiving entity, cost development reports, true up reports, IC matrix reports for TP documentation etc. Furthermore, you can send the billing data to your billing system to trigger the invoices.
- Finally, your solution acts as single-source-of-truth and avoids that years later no one needs to access “old” systems to search for archived data in case of tax audits.
Your benefits
- Huge recurring savings – our solution is funding itself through a very high ROI.
- Implementation within days/ weeks.
- We connect you to our reference clients.
- You need only minimal IT resources. Works with SAP R/3, S/4 HANA and other ERP’s.
- You can configure our very flexible solution according to your needs.
Did you know that…
- we import mass data from SAP R/3, S/4 HANA, SAP PaPM and other ERP’s?
- you can perform a fully tax compliant cost allocation with full transparency regarding how you derived at the final service charge including service descriptions, benefit test description and integrated intercompany agreements?
- you get full transparency about all cost sources and the calculation logics so that years later in tax audits you can easily and quickly answer the tax audit requests independent from other departments and ERP changes/ migrations?
- you can create multiple reports for different stakeholders, e.g. tax audit reports (e.g. show me all charges in maximum granularity from n providers to 1 receiver) and billing upload files (for SAP SD processing and accounting)?
- we run several data consistency and data validation tests in the background and you can apply many meaningful pre-build logic checks which increases tax compliance and saves you a lot of time?
- our SC Tool was built as easy-to-use web application for controlling, accounting and tax teams of companies for all industries and company sizes?