What is 'compliance check' in SAP GRC-TC - SAP Tax Compliance?

compliance check - Overview

• Component: GRC-TC

• Component Name: SAP Tax Compliance

• Description: A way to detect non-compliance issues in business data, for example, tax compliance issues.

compliance check - Details

• 
  Key Concepts: 
  Compliance check is a feature of GRC-TC SAP Tax Compliance that helps organizations ensure that their tax processes are compliant with local and international regulations. It provides an automated way to check for errors and discrepancies in tax calculations, as well as to identify potential areas of non-compliance.
  
  How to use it: 
  To use the compliance check feature, users must first configure the system to their specific requirements. This includes setting up the tax rules, defining the tax calculation parameters, and setting up the compliance check parameters. Once configured, the system will automatically run the compliance check on all transactions that are processed through the system.
  
  Tips & Tricks: 
  It is important to regularly review and update the compliance check parameters to ensure that they are up-to-date with any changes in local or international regulations. Additionally, it is important to review any errors or discrepancies that are identified by the compliance check and take corrective action as needed.
  
  Related Information: 
  For more information on GRC-TC SAP Tax Compliance, please refer to the official SAP documentation. Additionally, there are many online resources available that provide detailed information on how to configure and use the compliance check feature.