What is 'Unified Register of Tax Invoices' in SAP FI - Financial Accounting?

Unified Register of Tax Invoices - Overview

• Component: FI

• Component Name: Financial Accounting

• Description: The electronic record of tax invoices and correction tax invoices that is maintained by the State Tax Service of Ukraine STS. A tax invoice or correction tax invoice that meets the current criteria for registration must be included in this register by the issuing company within a legally required period.

Unified Register of Tax Invoices - Details

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  Key Concepts: 
  The Unified Register of Tax Invoices (URTI) is a component of SAP FI Financial Accounting. It is a database that stores all the tax invoices issued by a company. The URTI is used to track and manage the tax invoices issued by the company, as well as to ensure compliance with local tax regulations. 
  
  How to use it: 
  The URTI can be accessed through the SAP FI Financial Accounting module. Once in the module, users can view and manage all the tax invoices issued by the company. They can also generate reports on the invoices, such as the total amount of taxes paid or the total number of invoices issued. 
  
  Tips & Tricks: 
  It is important to keep the URTI up-to-date in order to ensure compliance with local tax regulations. It is also important to regularly review and update the information stored in the URTI, as this will help to ensure accuracy and efficiency when managing tax invoices. 
  
  Related Information: 
  The URTI is closely related to other components of SAP FI Financial Accounting, such as Accounts Payable and Accounts Receivable. It is also related to other modules, such as Sales and Distribution, which are used to generate invoices for customers.