Welcome to the Exact Product Blog

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

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.

New ‘To be picked’ feature delivers delivery advice to boost your customer satisfaction and your warehouse efficiency

Written by Bram Streefkerk on . Posted in Exact Online

In a digital warehouse, the delivery process is guided by business software to make it an optimized process. Delivering in full, at the moment your customers expect it. Wouldn’t it be nice when your business software predicts which orders you can pick, and which orders should wait, or need additional attention, due to in-availability of items?

Rounding up to batch quantity in MRP shop order advice

Written by Pieter Hamans on . Posted in Exact Online

The batch quantity of a bill of materials is the ideal size of a shop order. That ideal size depends on setup time, de quantity that can be produced per working day (500 piece) or for example the capacity of a machine (1.000 liter in a single run). If the MRP calculation shows a gross requirement of 475 pieces it may be more efficient to produce 500 pieces. If the batch size is 200 liter, and the gross requirement is 450 liter, the advice may be to produce 600 liter (3 batches). We just added (February 2019) functionality ‘to round up to batch quantity’.

Annual Forms of 2018 VAT reporting for Spanish legislation are changed

Written by Marcel Thijssen on . Posted in Exact Globe

Most recently Spanish Authorities announced changes in annual forms of VAT reporting Models 303 and 390. The amount of information, which is subject to report for 2018 specially in Model 390, can be significantly decreased. Current changes in VAT reporting forms are due to generally introduced Immediate Information Sharing (SII) system, which is developed by the Spanish Tax Agency for VAT e-bookkeeping.

Shop Manager Dashboard for Smart Shop Floor – now available in Exact Online for Manufacturing

Written by Auke Hylarides on . Posted in Exact Online

Now in Exact Online for Manufacturing the new Shop Manager dashboard is available. The dashboard is an addition to the Smart Shop Floor app that many of our Manufacturing customers already use. With this app employees can start and stop operations, clock the operation times, get the rights manufacturing instructions and more.

With the new dashboard you get direct insights of all the work currently in progress on the shop floor. It tells you exactly who is currently working on what job, at which work centre and what the progress is.