The objective of this blog post is to give you a guidance how to proceed with the setup of the SAP Business One for the existing customers in order to reflect the upcoming legislation changes in the system.
The tax authorities in Switzerland have ann...
The objective of this blog post is to inform you which enhancements you can find in SAP Business ByDesign 22.11 release regarding the File and Form for 1042-S Withholding Tax Return. These enhancements were done in order to be compliant with the curr...
The objective of this blog post is to introduce what updates were done on 1099-MISC and 1099-NEC Forms (Copy B) in order to be compliant with the latest regulations published by the IRS relevant for the year 2022. This enhancements you can find in SA...
This blog post will inform you about electronic files modification for 1099-MICS and 1099-NEC Withholding Tax Returns. The Internal Revenue Service (IRS) has published the specifications for electronic files for the fiscal year 2021.
These changes w...
My name is Ingrid Macova. I am a Product Manager for the SAP Business ByDesign. My colleagues and I were asked many times how the financial consolidation process works in the SAP Business ByDesign.
This blog post is relevant for companies that are o...
Hello Chetan,
We have verified the B-record entry. Currently we are correctly deriving the state codes for it. In order to solve your problem may I kindly ask you to raise an incident in the incident portal with the reference to the correct return t...
Dear Mr.Joy,
Thank you for the comment. In order to provide you with the correct answer could you, please clarify what do you mean by Withholding Tax Type FE07 and FE01? In the Business ByDesign system there is a field "Withholding Tax Income Type" ...
