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28.275.819 - Product Updates 416, 415, and 414: Split payment supported for VAT (Romanian legislation)
By Khairunnisa Binti Rosli
To comply with the latest tax requirements, the split payment functionality is now supported in Exact Globe Next for the Romanian legislation. In accordance to the split payment system that has been i...

28.241.162 - Product Update 416: New options introduced to ease the searching of INTRASTAT transactions (EU legislation)
By Wai Ting Yong
To ease the search of INTRASTAT transactions at Invoice ? Statistics ? Intrastat, theImport and Export options have been introduced. These options areonly applicable to the EU legislation.The option s...

26.781.969 - Product Update 411: Multiple VAT registration numbers supported for EU sales list report
By Hung Hui Lan
In the European Union (EU), VAT-registered businesses are obligated to supply their tax authorities with an EU sales list, which reports on the supply of goods and services to other VAT-registered cus...

25.590.831 - Product Updates 407 and 406: Enhanced D394 functionality supported (Romanian legislation)
By Hung Hui Lan
Exact Globe Next supports the D394 functionality for the Romanian legislation. This functionality has been enhanced in accordance to the most recent specifications provided by the tax office of the Ro...

25.539.247 - Product Updates 407 and 406: VAT reversal calculation adjusted for Flexible VAT system
By Hung Hui Lan
The VAT reversal calculation for invoices that have been written off has been revised to adopt the full reversal calculation in this product update. The same effect reflects on the partial payments wi...

25.262.634 - Product Updates 407 and 406: Prepayments can be matched with invoices using Flexible VAT system
By Jo-Anna Goh Li Ping
The flexible VAT system (cash based VAT) was available in Exact Globe Next since product update 381 (see Release 381: VAT cash system supported on VAT return). However, there were limitations to the u...

24.681.482 - Product Update 407: VAT cash system report has been added
By Jo-Anna Goh Li Ping
In certain countries, some companies are required to use the cash based VAT system instead of the invoice system, whereby VAT payment will only be paid once payment is made. As of year 2013, the invoi...

24.676.702 - Product Update 407: Multiple taxes supported for XML financial and SDK with flexible VAT system
By Jo-Anna Goh Li Ping
In product update 405, XML and SDK functionalities were supported for multiple taxes for the invoice system (see Product Update 405: Multiple taxes supported for XML financial and SDK). In Exact Globe...

24.384.459 - Product Update 405: Enhancements to cash-based VAT system
By Jo-Anna Goh Li Ping
Some companies are required to use the cash-based VAT system (see Release 390: Extension of cash-based VAT system in bill of exchange and payment in transit). VAT overviewIf the cash-based VAT code is...

24.342.923 - Product Update 405/406: New VAT Registers (Purchase and Sales) since 1.1.2013 (Romania)
By Former employee
Due to the legislation changes in Romania since 1.1.2013 the VAT Sales and Purchase Registers reports have been changed. The new reports have been adjusted due to the VAT Cash system used.Important in...


24.340.101 - Product Update 405/406: New VAT Return since 1.1.2013 (Romania)
By Former employee
Due to the legislation changes in Romania since 1.1.2013 the VAT Return report has been changed. New report uses the same VAT boxes, so no change is needed here.Changes:line 17.1 removedline 27.1 remo...

24.325.571 - Product Update 406: SEPA Credit Transfer and Direct Debit formats introduced to several countries
By Jo-Anna Goh Li Ping
In this product update, the SEPA PAIN format for SEPA Credit Transfer (SCT) and SEPA Direct Debit (SDD) has been introduced to various countries. SEPA Credit Transfer (SCT)The SEPA PAIN format PAIN.00...

24.245.698 - Product Update 406: New setting for Autofattura (Spanish, Italian, and Romanian legislations)
By Jo-Anna Goh Li Ping
In this product update, several changes have been made to the Autofattura functionality for the Spanish, Italian, and Romanian legislations such as the following:New settingThe Autofattura: Entries fi...

23.670.980 - Product Update 405: Changes to Cartea mare report (Romanian legislation)
By Jo-Anna Goh Li Ping
Cartea mare is a legal report used in Romania that is printed on a monthly basis, and all the financial transactions recorded in the ledger accounts are available in this report. In this product updat...

23.493.126 - Product Update 404: New structure of VAT boxes (Romanian legislation)
By Jo-Anna Goh Li Ping
As of January 1, 2012, there will be a new structure of VAT boxes for the Romanian legislation (see Product Update 400: New VAT return boxes (Romanian legislation)). The following VAT boxes, and all t...