Welcome to the Exact Product Blog

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

B2B and B2G eInvoicing in Italy as from 01.01.2019

Written by Marcel Thijssen on . Posted in Exact Globe

After 1 January 2019, all domestic invoices issued by permanently established organizations in Italy must be compliant with the new eInvoicing framework. This means that regardless of what invoice practices you have in place today, be they paper, EDI, e-mail or scanned, you must have migrated to the Italian FatturaPA XML format and have a solution in place that means you are connected to the government’s IT-platform known as the Sistema di Interscambio, or SDI for short. After this time any invoice issued in any other way than through the government IT platform will not be compliant and will for fiscal purposes be considered as simply never having been created. Non-compliance will lead to a disruption or complete shutdown of your global supply or demand chain and leave buyers unable to reclaim the VAT that they are due, as well as risk reputational harm and penalties.

Financial insights limit your credit risk

Written by Bram Streefkerk on . Posted in Exact Online

From the Spring Release this year, Exact Online for Wholesale and Manufacturing contain a new feature called ‘Financial insights’. This feature delivers essential financial insights during the order intake process. Actually, when entering the customer in a new sales order, a popup is triggered automatically when needed, showing the amounts of (overdue) accounts receivable, open invoices and orders.

Available stock, now available

Written by Bram Streefkerk on . Posted in Exact Online

From this Summer Release, Exact Online for Trade and Exact Online for Manufacturing offer the possibility to show ‘available stock’ information within the sales order. This information can be made available to the order rows, as a new column. This way, you can easily see if it is possible to fulfill your order, on product level.