Initial situation – vision of the PE.ONE tool
Together with Siemens AG, the Ingolstadt-based company init consulting AG developed a software solution for permanent establishments based on the Authorized OECD Approach (AOA) and the German Act on Applying the Arm’s Length Principle (BsGaV). The solution incorporates all tax-relevant requirements to make tax returns for permanent establishments quick and inexpensive.
- PE.ONE offers a fair pricing policy with quick and effective introduction
- Low running costs
- Flexible license model
- Evaluation and classification of costs in terms of applicability
- Supports permanent establishments in preparing tax statements
- Local tax regulations are already incorporated and taken into account
- Integration of the local transactions of permanent establishments into global corporate processes
- Integrated workflow management
- Status tracking for workflow activities
- Integrated document management
- Review and validation processes
- Interfaces with SAP/R3
- Option for retrospective manual data entry
- Worldwide access with different authorization levels
- Single-sign-on access
- Flexible / inexpensive / simple
- Inexpensive implementation and flexible license model.
- General, subsidiary, and auxiliary ledgers integrated into a single database.
- Modeling of multiple or single permanent establishments.
- Integrated point of sale solution.
- HB1 customization of permanent establishments regardless of the corporate accounting framework.
- The applicability of costs is taken into account.
- Increased data quality thanks to validation and plausibility checks.
- Clean representation of onshore revenues, costs, liabilities, and receivables.
- Local tax requirements are taken into account.
- Retentions, withholding tax, and reporting available in multiple languages.
- Travel documents and other relevant documents are automatically attached to records.
- Financial statements of the permanent establishment are independent of the financial statements of the parent company.
- Cloud solution and web client.
- Iraq baghdad
- Iraq Erbil
- Kingdom of Saudi Arabia
- United Arab Emirates
Questions about the PE.ONE tool?
You’re welcome to contact us.
init consulting AG
SAP Business One Gold Partner
Phone: +49(0)8456 27 80 4-0
Fax: +49(0)8456 27 80 4-10