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VAT and SAP®

Bring greater efficiency to your financial accounting processes!

How do the complex value added tax laws affect your daily work in the SAP® system? How could the software help you improve your finance and accounting processes in future?

There is empirical evidence that hardly any company manages to handle all supply and services relationships on the purchasing and sales side without making any mistakes at all. Reasons for this include a lack of expertise in respect to applicable regulations under VAT laws or calculating the correct VAT within the SAP® system. This produces additional costs and, in the worst-case scenario, can produce incorrect datasets.

This is why it is imperative that you obtain detailed information on the requirements defined under VAT laws and how they are transmitted correctly. Find out also how to slim down recurring processes through the use of optimisation, standardisation and pre-settings.

Our consultancy services focus on the following topics:

Dependencies within the SAP® system – how components interlock

–    tax key, master data and condition techniques

How to pre-set recurring tasks as standards

–    input and output services

–    serial and triangular deals

Warehouse and consignment warehouse

–    delineation and treatment under VAT laws

–    activation and maintenance in the system

Advance return for tax on sales/purchases, summarised return and input tax refund application

–    how is this modelled in the SAP® application for financial management?

Electronic invoices

–    requirements and legally conformant transmission under tax laws

–    support using the SAP® application for purchasing and sales

Feel free to contact us if you have any questions. To do this, please use our iowell contact form. We will get back to you as quickly as possible.


SAP® LES / TRM Integration

A perfectly interwoven organisation of logistics and IT processes is among the most crucial factors for success in our current competitive environment and the overarching dynamism of global markets. iowell joins with its partner Gebhardt Fördertechnik to provide its customers with a one-stop solution for the integration of SAP® and in-house logistics solutions. Here, the focus is placed on the design and realisation of SAP® solutions for material flow and in-house materials handling. A team of consultants, well-versed in the logistics sector, uses SAP® LES / SAP® TRM and a selection of SAP® add-ons to design and introduce the integrated solutions as required. As elements within SAP® ERP, these SAP® components enable substantial integration of the logistics processes in the company’s standard operating procedures. SAP® integration within internal logistics focuses on the incorporation of warehouse technology as a fixed element in the existing IT environment

  • to ensure individual alignment with the SAP® systems
  • to introduce SAP® LES / SAP® TRM,


  • to provide interfaces and middleware to connect materials handling to upstream systems (e.g. SAP®)
  • to enable services such as release upgrade SAP® R/3 or SAP® Enterprise for mySAP® Enterprise
  • to enable concept development and implementation in the use of mySAP® Business Suite within existing SAP® solutions
  • also to provide individual SAP® upgrades and SAP® add-ons.

The iowell team ensures successful implementation across all areas required, and provides advice and support to the company throughout all project phases from planning and design to implementation, training and ongoing business. The use of management software to connect materials handling systems with SAP® systems is a crucial factor here. SAP® SCM (Supply Chain Management) enables integration of customers, suppliers, manufacturers and freight carriers within the information pipeline.


Outplacement Services

The restructuring and reorganisation of a company often entails the reduction of the work force. In these cases there is usually very little room for manoeuvre.

Therefore, responsible employers support their often long-time employees by trying to find solutions for them during this phase of transfer from one company to another. iowell supports its clients during this difficult time.

By advising the best possible process of separation for all concerned, our professional outplacement services will benefit all involved parties: the employer, the redundant employee and of course the remaining employees within the company by offering new perspectives for the future.

Personnel Coaching and Personnel Development

„The success of a company is the sum of the successes of its employees.“
Jörg Rieder, Digital Equipment

To ensure the continued success of a company, there are two vital issues: On the one hand the constant education and development of the individual employees´ skills and knowledge is of fundamental importance. Of course on the other hand this constant learning process must be integrated into the company’s strategy and philosophy and encouraged within the company.

Together with our clients we:

  • define the demands the employees need to meet in the future.
  • analyze the strengths and weaknesses of the employees.
  • utilize the existing potential to its maximum.
  • we develop individual training measures
  • support the targeted training and development of individual employees.
  • offer individual and/or group training.

Interim Management

„Hire the right people is the best thing a manager can do.“
Lee Iacocca

It is not always necessary to fill a position permanently. A temporary placement is sometimes required when it concerns a project limited in time or for the temporary management during a transition phase e.g. to initiate and implement a restructuring process within a company. Sometimes temporary management is simply required to keep the daily business going while a permanent solution is found.

As these phases can be of vital importance to the company´s existence, it is necessary to be able to provide highly qualified and experienced executives as quickly as possible who are willing to lead and take responsibility during this time at short notice.

Therefore iowell offers management solutions and supports its clients in search, evaluation, assessment, and selection of possible interim managers with the emphasis on their qualifications, leadership qualities, and management abilities, as well as their personality and values.

Executive Search and Selection

In situations of competitive markets, with increasing demands for the ideal candidate or due to the increased necessity for confidentiality, the most effective method of finding the appropriate employee for a company is the direct search contact. Instead of publishing a vacant position to the general public, this valuable information is targeted at the small group of executives and specialists most likely to be of interest to the company.

In other cases, e.g. if time is a vital factor, the search via advertisements (in the print media or via internet) could be the most suitable and effective method. Within a short period of time, this method leads to direct contact of interested candidates who are already open to new offers of employment and willing to change their current position. Web-recruiting and internet search are becoming increasingly important.

Combining the different search methods has also proved to be very successful as the various advantages are combined and benefit the search process.

The selection of the appropriate method is determined in accordance to the individual circumstances and the requests of our client and therefore results in highly qualified consulting which consists of the following elements:

  • analysis and concept
  • research and evaluation
  • selection and presentation
  • integration and coaching

If our client wishes to advertise for new executives in the company´s name our iowell media service offers support regarding the concept, layout, wording, and placement of the job offers.


The coincidence of the continuing recession with globalization of the business environment has led to a serious increase in the number of bankruptcies in Germany. This development has increased the need for effective reorganisation consulting services. As long as an endangered corporation has not reached the stage of having to go into liquidation, a targeted reorganisation program can still bring it back to profitability.

iowell offers, particularly to mid-size corporations, the road to greater profitability from its specifically developed toolbox. This toolbox contains our internationally gathered experience with the intention of keeping and improving our clients competitive advantage. Emphasis is in applying a cleary structured plan of action, so that we can realize a maximum of „cost versus profits“ result.

Building blocks for a successful reorganisation:

  • Crisis and cause analysis
  • Basis for the restructuring
  • Innovation – investment and divestment
  • Development of the business strategy
  • Formation of a task team
  • Definition of the reorganisation goals and their implementation
  • Definition of the reorganisation projects
  • Information policies and reporting

Development and Implementation of the Controlling Process and Its Tools

Effective and transparent governance in today’s business is one of the most important factors influencing the results of the corporation. We at iowell accompany our clients on the road to more effective and transparent results in the areas of:

  • Performance Measurements of a Business Strategy
  • Controlling and Finance
  • A Balanced Scorecard

Performance measurement

  • translates the strategic goals into tangible management ratios.
  • supports the communication of the strategic targets to the organisation.
  • checks the performance-drivers against the specific operating figures.

In conjunction with our clients we develop and establish organisational management and controlling systems to the most modern concepts, with tools like:

Accounting Standards (HGB, IFRS/IAS, US-GAAP)
The foundation for a successful execution of parallel balancing is an integrated budgeting procedure. Parallel balancing can be executed by using accounting standard IFRS (IAS) or US-GAAP, in combination with “Best Practice” methods, e.g. with the introduction of the cost of sales method.

Business Planning and Guidance
Substantially increase the effectiveness of planning, as an instrument of corporate performance. Establish an integrated logistical and financial planning, coordination and simulation.

Redesign and Implementation of Existing FI/CO Systems
Optimization of the existing financial processes and harmonization of SAP FI/CO-systems, which have been further developed over the years.

Controlling with the help of Key Performance Indicators is the foundation for the continuous improvement of the financial and logistical corporate goals. We help with the building of a Balanced Scorecard.

Optimization of the Organization and its Processes

Business processes are the central nervous system of every corporation. They interlink the efforts of the workers, the clients, and of the suppliers. The better these business processes are organized the greater the profitability.

After a vision has been formulated and with the appropriate strategy in mind, we help you to adapt the processes to the organization. We emphasize in our consulting services to provide you with active support and monitoring of the implementation of optimised processes and with this the improvement of your organisation (the organization follows the process). Our methods adhere to the most up-to-date and modern concepts available.

Development of Business Strategies

The constant changes in the market must be followed by changes in the organization. Ideally, they should go hand in hand. For the dynamic entrepreneur there are an unlimited amount of solutions available.

A manager who analyzes the market and its environment and develops a strategy and sets goals will always improve the competitive ability of his or her business.

iowell actively supports its clients in this endeavour:

  • From the vision to realisation
  • Analysis of the surrounding market environment
  • Analysis of future external implications
  • Analysis of the in-house capabilities and qualifications
  • Current and future areas of core expertise
  • Development of suitable business models