Ensuring that your ERP system complies with local accounting and tax rules globally.

When implementing an ERP system in multiple countries, it is crucial that local accounting and tax requirements are considered and embedded in the systems and processes. 

Our experts have practical experience with ERP localisation and detailed understanding of the relevant requirements, so they can guide you through new implementations, migrations or upgrades of ERP systems. 

With 125 offices in 83 countries we are uniquely positioned to support you with projects of any size and help you to achieve objectives of your ERP project while meeting local requirements.

Accounting and tax rules are different in each country. In order to successfully implement an ERP system, the rules have to be understood and considered at a beginning of every project as they have a direct impact on the system set up. These can include requirements for a local chart of accounts, tax rates for indirect taxes (VAT, GST) or withholding taxes, invoicing obligations, storage requirements or tax filing processes. 

Therefore, if an implementation covers multiple countries, the complexity of the project is multiplied. For example, every country in the European Union (EU) can set various VAT rates for different products and services, including reduced rates, super reduced rates and standard rates. As a result, there are currently 82 different VAT rates only within the EU. There are also countries that have various tax rates on state and municipal levels, adding another layer of complexity for these projects.

ERP localisation services combine our global reach and local knowledge to ensure that:

  • You and your ERP implementation partner clearly understand local rules in each country
  • Country specific requirements are captured and correctly implemented in your system 
  • Processes are tested by experts before go-live date to ensure local compliance 

We cover multiple elements of the ERP localisation projects and act as a one-stop shop for businesses seeking support with statutory requirements in multiple jurisdictions. 

 

Accounting services for ERP localisation

Accounting processes are impacting multiple areas of ERP systems. Therefore it is critical to embed these processes correctly in the system and ensure that the system is configured for international operations in accordance with local requirements.

Accounting services for ERP localization include:

  • Review of country specific ERP configuration guides and providing guidance how to implement the system in line with local statutory requirements
  • Advising on local GAAP to group GAAP reporting requirements and capabilities
  • Creating local accounting scenarios to be included in test scripts
  • Reporting of any potential accounting localization gaps throughout the project 
  • Identifying system limitations and proposing workarounds to meet local requirements
  • Supporting or executing user acceptance testing
  • Providing post go-live support

Tax services for ERP localisation

Each country has a different tax system. For a successful ERP implementation, it is crucial to understand local tax requirements in countries, where the system is implemented. Our tax experts have practical experience with ERP systems and can provide tax services for ERP localisations that cover: 

  • Defining tax rates for indirect taxes, including VAT, GST and consumption taxes
  • Defining tax rates for withholding taxes 
  • Specifying tax codes to be implemented in the system 
  • Identifying system limitations from tax perspective and proposing workaround solutions
  • Advising on local invoicing requirements and obligations for storage of documents 
  • Automating tax processes and decisions in ERP systems
  • Creating tax scenarios to be included in test scripts
  • Testing of scenarios and tax logic in the systems
  • Providing post go-live support

Coordination and support services

Besides accounting and tax expertise we provide project management and additional support to ensure successful delivery of complex implementations. Services in this area cover: 

  • Project management and coordination across global locations and functional areas
  • Reviewing and amending data if required for data migration
  • Reviewing, adding or amending test scripts
  • Training for the end users
  • Support with business process documentation
  • Support with knowledge transfer to your local offices or shared service centers 

Podcast

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S2 E2: Healthy habits for ERP system implementation

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Healthy habits for ERP system implementation