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

Posts Tagged ‘Belgium’

Isabel Go integrated in Exact Globe

Written by Alexander Kutilov on . Posted in Exact Globe

I have already mentioned about our awareness of the growing demand of Exact Globe customers to have the ability to start sending payment and collection orders to banks online and receiving bank statements online and thus having banking information real-time available. Like I have announced earlier, as of the Exact Globe product update 402 Belgian Exact Globe customers can fully enjoy this automatic integration with the Isabel Go .

Isabel Go is a banking service provider, which facilitates banks and companies in Belgium in the exchange of bank statements and bank files. Its service enables companies to do all their banking transactions via one interface, such as sending all types of payment and collection files and retrieving bank statements from vast variety of banks in Belgium. By using the Isabel Go feature in Exact Globe, you can send and receive payments and account information directly to and from your banks. The Belgian bank formats, such as foreign and domestic payments/collections, SEPA direct credit transfers, SEPA direct debits as well as CODA bank statements are supported in this solution.

The functionality is presented in Exact Globe as an integrated part of its banking solution, for which Exact customers do not need to pay extra.

The solution is highly demanded in Belgium. Over 980 Belgian customers of Exact Globe, which licenses include electronic banking solution of Exact Globe, are able to start using the integrated Isabel Go feature right now.

Exact is now mentioned in the official website of Isabel as a business partner. This ensures further cooperation between two software vendors, which is beneficial for customers, who should not have any doubts that their demands on banking solutions will be satisfied.

You are welcome to stay updated on further developments in the area of cash flow management and electronic banking solutions through our regular postings on the Exact Product Blog.

How do you enter your Payroll in Belgium?

Written by Philippe Robert on . Posted in Exact Globe, Exact Online

In Exact Online we have a module for the payroll calculation of your employees for different activity sectors. However, this module is currently only available for The Netherlands legislation. What about Payroll in Belgium?

In Belgium there are around 50 certified Payroll companies (like Partena, Securex, SDworx,  …) that will calculate your payroll for you. They also provide a lot of extra services regarding employee legislation. In Belgium this can be so complex, and change so many times during the year, that almost all companies let a specialized company handle the payroll related activities.

For this reason, we are not going to create a payroll module specific to Belgium. None the less, you need to book the payroll entries in your financial administration in order to pay your employees and calculate the correct figures for your employee’s costs.

You probably book these entries manually in Exact Online or Exact Globe. Retype this information by hand takes time and is prone to errors. That’s why we are looking into a way to import them automatically from your social secretariat (Payroll Company). Before we start with this project, I would like to get your feedback on this topic – particularly regarding the following questions:
  • What is the name of your social secretariat (payroll company)?
  • What kind of entry process would you like to have?
  • Do you execute the payment of your employees yourself or does the social secretariat this for you?
    • 1 summary entry with 1 line per GL account
    • Details per cost center (department)
    • Details per employee
Please let me know your thoughts as a comment to this post or send me a mail.
Thank you in advance.