Welcome to the Exact Product Blog

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

Posts Tagged ‘product update 405’

News about legal changes for 2013 – Year-End Patch Update –

Written by Sabine Christiansen on . Posted in Exact Globe

Each and every year we all face the situation of lately communicated changes on VAT related reports and other relevant processes. To ensure in time delivery in a stable environment, we decided to patch all needed changes to our already general available product update 405 until the end of the year.

Below you’ll find a list of all already known and prepared changes per country you can expect to be part of Exact Globe Next’s product update 405 as of January 2013:

The Netherlands

-> Support of non-deductible VAT for January 2013.

-> Important adjustments in SEPA functionality based on feedback from banks and customers.


-> Authenticated sending of VAT return and EU sales list considering layout changes for 2013.


-> Support of simplified audit file submission  SAF-T as per 2013.

Payroll changes will be announced separately.

More details to come soon!

Exact Synergy Enterprise product update 250 and Exact Globe Next product update 405 are in controlled release!

Written by Bert Siekmann on . Posted in Exact Globe, Exact Synergy

As of today Exact Synergy Enterprise product update 250 and Exact Globe Next product update 405 are in controlled release. That means that these releases are available for resellers as well as all controlled release customers. The general availability is planned for the end of October 2012.

To facilitate the needs of professional services organizations we have extended the Exact PSA offering with numerous enhancements that will allow users to work more efficiently. As of this product update creating and adjusting project invoices will become easier thanks to the improved Invoicing Screen. Additionally we have added extra features to the expenses section in the hour entry screen to give more flexibility and simplify the ease of use. PSOs will also benefit from flexible time intervals capability that allows users to enter time in chunks smaller than 15 minutes; possibility to register hours on projects for non-project members and new functionality for submitting a weekly timesheet.

Responding to needs of our wholesale trade customers, we have enhanced our E-WMS solution with SSCC Shipment Tracing functionality that offers more possibilities for tracing of goods. Additionally, we will release a new stock aging analysis report; it was developed in response to customers who want more control over stock levels as these have direct impact on available working capital and customer service levels.

To further extend the value proposition for customers in the manufacturing field, we will offer numerous new features, such as support for BOM versions in a make-to-order environment and improvement to printing production orders in PDF format.

Additionally, in this product update of Exact Synergy Enterprise we will launch natural person functionality that allows you to link a person to multiple companies while being a debtor or creditor on its own (see previous blog). Based on customer feedback we have added new features and improved Word Merge functionality that was introduced in product update 249 (see also previous blog).

We have extended Exact Globe Next with a large number of new features that facilitate changes in country specific legislations and other enhancements that have been developed based on direct feedback from our customers. Also Exact Synergy Enterprise includes numerous features based on direct feedback, such as easy access to recently created document types or hiding person specific documents during delegation.

In the upcoming series of blog posts we will dive into the individual enhancements that we will soon bring to the market in the latest releases of Exact Globe Next and Exact Synergy Enterprise. Should you have any questions regarding controlled release, do not hesitate to comment on this blog post.

PS. Don’t forget to download the latest versions of Exact Synergy for iPhone, Android and Windows Phone!

What to expect from the Localizations team in PU 404?

Written by Elaine Chai on . Posted in Exact Globe

“Tax?”, “Localization?”, “Banking?” What comes into your mind when you think about these changes? The Localizations team!

As we have informed you earlier Exact Globe Next product update 404 is now in controlled release. As usual, we do have some fixed themes in every product update. From legal and localizations to banking and last but not least, direct feedback from our customers. All these changes have a direct impact on the customers around the world and our goal is to help them in their daily operations effectively and efficiently.  

Now, let us share some of the product update 404 highlights. From the legal side, you can expect deliverables such as changes in 2012 Intrastat statistical numbers for European Union legislationelectronic Intervat reporting and fiscal fiches report (Belcotax) for Belgian legislation, Electronic Intrastat reports for UK legislation,  Spesometro reports for Italian legislation, fiscal taxonomy field in the Import taxonomy screen for German legislation, and VAT Invoice for Indonesian legislation.

There are also some localization changes in the Netherlands, Germany, Spain, Portugal, Czech, Hungary, Romania, Russia, Poland, and China.

For banking, we set a lot of focus on SEPA compliant functionality. Here, we provide Dutch customers with up-to-date SEPA formats in accordance with general guidelines of SEPA Migration Plan in the Netherlands. More improvements are planned for the next product update. 

Besides, we do provide some bank format changes for countries like Germany, Italy, Poland, Singapore, Malaysia, Hong Kong, Denmark, Australia, UK, Sweden, Ireland, Slovakia, Romania, Finland, Canada and Hungary.

Lastly, we always want to improve our product based on your feedback. You tell us, we do it. In this product update, we managed to deliver changes such as running stock valuation process and import/export data in silent mode or via the task scheduler, possibility to select a printer when printing quotations, sales orders and purchase orders, and many more.

To view the complete deliverables in this product update, please click here.

What’s next? To share some highlights of product update 405, as a follow up to fiscal taxonomy in Germany, we will have e-Bilanz, an uploading XBRL reporting process directly to the fiscal government’s servers.

Meanwhile in Asia, we will have among others collective invoices for Japan legislation, 2012 Thai Withholding Tax, etc. Stay tuned for more exciting changes.

Exact Globe Next product update 405 and Exact Synergy Enterprise product update 250 are generally available

Written by Bert Siekmann on . Posted in Exact Globe, Exact Synergy

As of now Exact Globe Next product update 405 and Exact Synergy Enterprise product update 250 are generally available, which marks the end of the controlled release period which started in October 2012.

As you could read in the controlled release announcement, we have extended our offering with numerous enhancements to both Exact Globe Next product update 405 and Exact Synergy Enterprise 250. The new features have been developed in order to facilitate the needs of our main target markets – professional services organizations, wholesale and manufacturing companies. Besides those improvements, we have added extra features based on direct customer feedback, changes that are required by regional legislation and business standards.

To check the complete overview of new developments, please visit Exact Product News website. In the top bar you can select a product line, your industry or a business process to find all the news that apply to the Exact software your business uses.

If you have any questions regarding the new product updates, please comment on this blog post.

Introduction to Collective Invoicing in Japan

Written by Elaine Chai on . Posted in Exact Globe

As I have shared in the previous product blog, Collective invoicing for Japan will be available as of Exact Globe Next product update 405, which will be available in the end of October. But you are probably asking yourself what Collective invoicing is.

Collective invoicing is also known as monthly invoicing and is commonly used in Japan as well as other countries. Businesses in Japan, tend to have many small orders with small amounts due to the outsourcing system, therefore these invoices are grouped and processed on a monthly basis. Each collective invoice contains a unique number. As a result, companies have less administrative work. 

Stay tuned! Soon we will share more information about changes in collective invoicing for Japanese localizations that will be available in Exact Globe Next product update 405.