autoTax 2.0 Achieves SAP-Certified Integration with Cloud Solutions

2024-04-14 04:35:38 Business

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Noida ? October 12, 2020 ? Masters India announced today that its autoTax 2.0 application has achieved SAP certification as integrated with cloud solutions. The integration helps organizations to interact with the government portals for goods and services tax (GST) compliance, directly from SAP Localization Hub, digital compliance service for India.

The SAP? Integration and Certification Center (SAP ICC) has certified that autoTax 2.0 integrates with cloud solutions from SAP using standard integration technologies.

?Recognizing the extensive use of SAP technology, autoTax enables direct communication between SAP applications and government servers,? said Nishank Goyal, CEO at Masters India. ?The ability of autoTax to interoperate with solutions from SAP will prove highly beneficial to our current and future customers.?

SAP Localization Hub, digital compliance service for India is a service for SAP Localization Hub that is specifically for customers in India and that enables electronic communication between businesses (tax payers) and indirect tax authorities so that all sales invoices and tax returns can be electronically transmitted to authorities through GST Suvidha Providers.

This SAP certification of autoTax 2.0 (GSP solution) confirms its technical compliance with SAP Localization Hub, digital compliance service for India by developing the integration flow on SAP Cloud Platform Integration Suite. Furthermore, certified functions include:
Deployment of integration flow through SAP Cloud Platform Integration Suite web frontend
Integration of GSP solution with digital compliance service for India ? GST reporting solution via SAP Cloud Platform Integration Suite
Integration of GSP solution with digital compliance service for India ? GST e-Way bill solution via SAP Cloud Platform Integration Suite
Integration of GSP solution with digital compliance service for India ? GST e-Invoice solution via SAP Cloud Platform Integration Suite

Masters India believes that this certification will enhance the confidence the customers already have in the product. Furthermore, it will help users meet their GST compliance goals in a simplified fashion. With e-Invoicing being implemented by various companies, this association will provide a simple yet effective solution for the businesses.

About Masters India

Masters India is a GST Suvidha Provider (GSP) appointed by the Goods and Services Tax Network (GSTN), a Government of India enterprise. We offer tax and financial automation products to enterprises. Learn more about us here.

autoTax is an integrated compliance suite that enables GST, E-Way Bill and e-Invoicing compliance directly from the users ERP. 400+ enterprises trust autoTax.

Any statements in this release that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. All forward-looking statements are subject to various risks and uncertainties described in SAP?s filings with the U.S. Securities and Exchange Commission (?SEC), including its most recent annual report on Form 20-F, that could cause actual results to differ materially from expectations. SAP cautions readers not to place undue reliance on these forward-looking statements which SAP has no obligation to update and which speak only as of their dates.

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