Welcome to the Exact Product Blog

On this blog we will cover stories from all around the Exact ecosystem.

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Changes for the SII system for the Spanish legislation

Written by Irene Nuijten on . Posted in Exact Globe

Exact Globe supports the feature for the Immediate Submission of VAT Information in Spain, also known as Suministro Inmediato de Información (SII). Introduced in July 2017, the SII basically involves electronically transmitting billing records from VAT books, providing quality information to the tax authority within a short time frame. For more information, please see release note 27.730.703.

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New split-payment mechanism in Poland

Written by Irene Nuijten on . Posted in Exact Globe

From 1 July 2018, a new VAT system will be introduced in Poland, the so-called split-payment mechanism.

The split-payment mechanism applies to domestic B2B invoices in the PLN currency and means that the base amount and VAT amount of an invoice are split and transferred from/to a normal bank account and a blocked (VAT) bank account.

Exact for Manufacturing Ease of Use: Planning shop orders to batch quantity

Written by Pieter Hamans on . Posted in Exact Online

 

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Producing efficiently often means filling the vessel with a fixed quantity, or manufacturing a series of a fixed quantity. This way we are making optimal use of our manufacturing resources so that our unit price remains low. We have adjusted the screen demand planning with an option to generate shop orders based on this optimal batch quantity.