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

compliance scenario simulation - Overview

• Component: GRC-TC

• Component Name: SAP Tax Compliance

• Description: A run mode for testing compliance scenarios. The check results are transient and not persisted.

compliance scenario simulation - Details

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  Key Concepts: 
  Compliance scenario simulation is a feature of the GRC-TC SAP Tax Compliance component. It allows users to simulate different scenarios to determine the impact of changes in tax regulations on their business operations. This helps them to identify potential risks and opportunities, and to plan accordingly. 
  
  How to use it: 
  To use compliance scenario simulation, users must first define the parameters of the simulation. This includes setting up the tax rules, selecting the relevant tax jurisdictions, and defining the desired output. Once these parameters are set, users can run the simulation and view the results. 
  
  Tips & Tricks: 
  When setting up a compliance scenario simulation, it is important to ensure that all relevant tax rules are included in the simulation. This will help to ensure that the results are accurate and reliable. Additionally, users should consider running multiple simulations with different parameters to get a better understanding of how changes in tax regulations may affect their business operations. 
  
  Related Information: 
  For more information on compliance scenario simulation, please refer to SAP’s documentation on GRC-TC SAP Tax Compliance. Additionally, there are many online resources available that provide detailed information on how to use this feature.