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

Posts Tagged ‘Localization’


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.


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.

Localization news 1

Localization update – April 2017

Written by Tina Brands on . Posted in Exact Globe

Since the last localization update, we have not been idle. In this blog post we will show you what is changed and what is still to come in the near future. In addition, one subject will be highlighted, but we start with a look back on the latest localization update on this support blog.