Success story: Efficiency and tax compliance at FRS KG
Digitalization does not stop at the shipping industry. FRS KG has used this change to optimize its processes on board. The new cash register solution plays a central role in this, not only making on-board sales more efficient, but also fulfilling complex tax requirements in various countries. In our latest success story, you can find out [...]
Effective cash register monitoring - how to achieve tax compliance!
Among accountants in the retail sector, there are few topics that require as much attention as tax compliance. And this is exactly where modern cash register monitoring comes into play - a real game changer for companies in cash-intensive industries! In our article for NWB Verlag's BBK (Betriebs-Berater Kasse), we show how a Tax Compliance Management System (TCMS) can [...]
Reporting deadlines for POS systems: What you need to know now
From January 1, 2025, all electronic cash register systems and cash registers used in businesses must be reported to the responsible tax office. Existing cash register systems must be registered by July 31, 2025 at the latest. Each electronic recording system must be assigned to a specific business premises. If you purchase a new cash register system from July 01, 2025, this must be reported within [...]
WEBINAR | Knock, knock! Who's there? The tax office and it wants to see your cash register data!
Have you already run an audit simulation to make sure your fiscalization is running correctly? If not - and you are not alone - this webinar is just right for you! Because: The auditors of the tax authorities are now trained in the new audit software and are increasingly carrying out audits. These start with a cash register inspection, which can also be unannounced [...]
Audit simulation: Fiscal data correctly archived?
At the latest when a visit from the tax authorities is on the horizon, things start to get restless with regard to the archiving of cash register data. In our experience, the integration of a technical security system (TSE) is old hat, but only a few retailers and wholesalers have actually simulated an audit to find out whether their archived individual cash register transactions are complete and correct [...].
WHITEPAPER | Retail 2024: Tax Compliance and KassenSichV in SAP®
At the latest when a visit from the tax authorities is on the horizon, things start to get restless with regard to the archiving of cash register data. In our experience, the integration of a Technical Security Device (TSE) is old hat, but only a few retailers and wholesalers have actually simulated an audit to find out whether their archived individual cash register transactions are complete and correct with [...].
Tax compliance management: a safe bet with Receipt4S® in SAP
Every company is obliged to comply with statutory tax regulations. In retail, these regulations include GoBD as well as KassenSichV including DSFinV-K guidelines. Tracking whether these requirements are met is the task of tax compliance and includes the obligation to calculate and pay taxes correctly and finally submit a proper tax return. We help SAP users with this - with our unique [...]
Ernsting's family success story: transparency and compliance in checkout data processing
The world of retail is facing constant challenges, especially in the area of digital transformation and compliance. An inspiring success story in this context is the Ernsting's family POS data project, realized in cooperation with Consult-SK GmbH. Ernsting's family, a leading cross-channel provider in the German textile retail sector, was faced with the complex task of complying with the strict guidelines of the German Cash Register Security Ordinance (KassenSichV) [...].
Quality assurance through certification: Receipt4S v2.0 for SAP S/4HANA Cloud
Consult-SK GmbH is pleased to announce the successful certification of the SAP AddOn Receipt4S v2.0. This certification was carried out in the SAP test system SAP S/4HANA Cloud, private edition, release 2022. The certification by SAP is proof of the quality and compatibility of our add-on, which ultimately contributes to the optimization of our customers' business processes. An important [...]
Receipt4S® Fiori App: Presentation and advantages
SAP Fiori enables the design of appealing interfaces and increases user-friendliness. In the following video, our Fiori expert Olga Becker explains to Managing Director Stephan Kaup why this technology offers numerous advantages in conjunction with our Receipt4S® add-on. https://9p1.726.myftpupload.com/wp-content/uploads/2023/04/Receitp4S-Fiori-App.m4v Advantages at a glance Location and device-independent retrieval of POS data Fiori interface is visually appealing and [...]