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).
Exact Product Blog: Exact Globe
This blog post is important for customers with a license containing the EN legislation and working in a non-UK environment.
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.
In addition, take your regional settings into account, especially with regard to the decimal point.
As a follow up to our last blog post on the UK Making Tax Digital, https://blogs.exact.com/support/en/2019/04/mtd-update/
In this blogpost you’ll find some frequently asked questions and answers about Making Tax Digital (MTD) for the UK.
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.
Before you send your first final VAT return via MTD API, you must ensure that the VAT number (VRN) is correctly defined in the Company data settings.
Go to System ➔ General ➔ Settings ➔ Company data settings. In the VAT number field you must ensure that a purely numeric VAT number has been entered without any spaces. For example, if your VAT number is GB999 9999 73, it should be entered as 999999973 in the VAT number field.
In this blog post we emphasize a number of important changes to the existing functionality. Please read the release notes below carefully.
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.
Exact has now finished the development of the new MTD API and is now in the process of finalizing dates with the HMRC for the required certification. In the meantime, we hope to soon be shown on the development list issued by the HMRC.