What to expect from the Localizations team in PU 404?

Posted on 31. May, 2012 by in Exact Globe Next

“Tax?”, “Localization?”, “Banking?” What comes into your mind when you think about these changes? The Localizations team!

As we have informed you earlier Exact Globe Next product update 404 is now in controlled release. As usual, we do have some fixed themes in every product update. From legal and localizations to banking and last but not least, direct feedback from our customers. All these changes have a direct impact on the customers around the world and our goal is to help them in their daily operations effectively and efficiently.  

Now, let us share some of the product update 404 highlights. From the legal side, you can expect deliverables such as changes in 2012 Intrastat statistical numbers for European Union legislationelectronic Intervat reporting and fiscal fiches report (Belcotax) for Belgian legislation, Electronic Intrastat reports for UK legislation,  Spesometro reports for Italian legislation, fiscal taxonomy field in the Import taxonomy screen for German legislation, and VAT Invoice for Indonesian legislation.

There are also some localization changes in the Netherlands, Germany, Spain, Portugal, Czech, Hungary, Romania, Russia, Poland, and China.

For banking, we set a lot of focus on SEPA compliant functionality. Here, we provide Dutch customers with up-to-date SEPA formats in accordance with general guidelines of SEPA Migration Plan in the Netherlands. More improvements are planned for the next product update. 

Besides, we do provide some bank format changes for countries like Germany, Italy, Poland, Singapore, Malaysia, Hong Kong, Denmark, Australia, UK, Sweden, Ireland, Slovakia, Romania, Finland, Canada and Hungary.

Lastly, we always want to improve our product based on your feedback. You tell us, we do it. In this product update, we managed to deliver changes such as running stock valuation process and import/export data in silent mode or via the task scheduler, possibility to select a printer when printing quotations, sales orders and purchase orders, and many more.

To view the complete deliverables in this product update, please click here.

What’s next? To share some highlights of product update 405, as a follow up to fiscal taxonomy in Germany, we will have e-Bilanz, an uploading XBRL reporting process directly to the fiscal government’s servers.

Meanwhile in Asia, we will have among others collective invoices for Japan legislation, 2012 Thai Withholding Tax, etc. Stay tuned for more exciting changes.

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