ViDA - The new era of VAT in the EU
5 may

ViDA - The new era of VAT in the EU

Key Takeaways
ViDA introduces a comprehensive reform of the European VAT system on 11 March 2025, with a focus on digitalisation and fraud prevention.
The reform comprises three pillars: Digital reporting and e-invoicing, new rules for the platform economy and single VAT registration.
Companies will have to report e-invoices from 14 April 2025, which represents a paradigm shift towards real-time control.
ViDA offers opportunities for standardisation and automation, while companies have to adapt to new technical standards.
Timely implementation is crucial; delays could lead to organisational challenges.

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MARIProject Version 7.6: A comprehensive update
22 Nov

MARIProject Version 7.6: A comprehensive update

The latest version of MARIProject, 7.6.000, comes with numerous enhancements and optimisations that significantly increase the functionality and efficiency of the system. Below is a detailed overview of the new functions and improvements, organised by area.

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E-invoicing - The flexible EN 16931 standard
13 Nov

E-invoicing - The flexible EN 16931 standard

With the mandatory introduction of e-invoicing, based on the EU-wide EN 16931 standard, companies are faced with the challenge of not only optimising their processes, but also remaining flexible in the long term. What initially appears to be a compulsory technical task reveals a key question on closer inspection: how can companies prepare for future changes without ending up in a technical dead end?

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IFRS & HGB with SAP Business One
28 June

IFRS & HGB with SAP Business One

HGB and IFRS pursue different objectives and approaches in accounting. While the HGB focuses on prudence, creditor protection and a close connection to tax law, IFRS emphasises shareholder value and a more optimistic, future-oriented presentation. These differences have a major influence on how companies present and value their financial results and positions. In a globalised business world, IFRS offers a more standardised and internationally comparable information basis, which is particularly advantageous for globally active companies and their investors. SAP Business One offers advanced functions to fulfil the requirements of both local HGB and IFRS and supports companies in overcoming the systematic challenges of IFRS.

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Automatic journal entries in SAP Business One
22 June

Automatic journal entries in SAP Business One

Automatic journal entries in SAP Business One is one of the daily benefits that arise with every posting thanks to the integration of financial accounting into the ERP processes. This ensures that when accounting-relevant documents are created, the software automatically generates the corresponding journal entries. Accordingly, this can significantly relieve the accounting department in its daily work and frees up time for other activities.

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