SI-CIT

SI-CIT - CIT TAX REPORT

Calculate advance payments for income tax easier, faster, and... flawlessly! It is possible with the SI-CIT tool!

A standard solution of a modern ERP-class IT system concerning the Polish-specific obligation to calculate advance income tax payments is very labor-intensive and burdensome. It involves several reports preparation, manual verification of many accounting entries, and calculation of the liability amount. This makes the process quite time-consuming and increases the risk of undesirable mistakes.

To meet the expectations of customers, we have created a new solution for the SAP system that allows quick and easy generation of all the necessary information. It also enables the preparation of a CIT declaration and calculation of the monthly advance income tax payment.

This solution is designed to generate a CIT report containing a summary of tax incomes and expenses, grouped according to specific accounts, indicators (tax-deductible expenses [pol. KUP], tax non-deductible expenses [pol. NKUP], etc.) or CIT dates, and an automatic tax calculation, also taking into account deductible donations.

 

SI-CIT

 

SI-CIT

 

Before preparing a CIT report, it is also possible to generate a report with unassigned indicators (e.g. tax-deductible expenses, tax non-deductible expenses) or CIT date, selecting any item or range of items and filling in the missing entries. 

In addition, for the purpose of checking/reconciling, a report has been created to generate inconsistencies of CIT dates in accounting document items. The report shows inconsistencies in total with the possibility to display individual accounting items. 
 

 

SI-CIT

 

 

 

An unquestionable advantage of this solution is the possibility of the independent configuration of CIT tags, default assignments for individual G/L accounts, and creating customized column headings and their definitions.

Thanks to the period closing functionality in terms of CIT, it was possible to obtain high efficiency of the report, operating on a large number of accounting items.

Products