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

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Polish legislation: Unified Control File – new version of JPK_FA structure (2)

Written by Marcel Thijssen on . Posted in Exact Globe

On March 29, 2019, the Polish Ministry of Finance published a new version of the logical structure of a uniform control file for VAT invoices – JPK_FA (2). It applies to the SAF (uniform control file) for VAT invoices and will apply from July 1, 2019. Invoices issued before this date should be reported from July 1 according to the new (second) version of the JPK_FA structure (2).

Important MTD update

Written by Marcel Thijssen on . Posted in Exact Globe

This blog post is important for customers with a license containing the EN legislation and working in a non-UK environment.

Update

If you have an EN legislation in your license and work in a non-UK environment, then it is necessary to perform an update to product update 416SP17 or 417SP9. This needs to be done due to a decimal error in the MTD submission. Make sure the update has been fully completed.

Regional settings

In addition, take your regional settings into account, especially with regard to the decimal point.

Update for Making Tax Digital (MTD) (UK legislation)

Written by Marcel Thijssen on . Posted in Exact Globe

As part of MTD, businesses registered for VAT with a taxable turnover above the VAT registration threshold of £85,000 will need to keep VAT records digitally and file their VAT returns using MTD compatible software. This will start from their first VAT period starting on or after 1 April 2019, which for monthly returns means that their first return will be due by 7th June and for April – June quarterly returns it means that their first return will be due by 7th August.

MTD update

Written by Marcel Thijssen on . Posted in Exact Globe

We are pleased to announce that Exact Globe and Exact Online now both have officially recognized HMRC MTD Programs. With this official recognition in place we can now include the API into the service pack release due on April 12th.