ELSTER AddOn for SAP Business One 2022
18 Jan

ELSTER AddOn for SAP Business One 2022

From February 2022, users of SAP Business One 10.0 must use the new ELSTER Rich Client (ERiC) in version 35.2.8.0 to send the 2022 advance VAT return. A new version of the ELSTER AddOn for SAP Business One 10.0 has been released for this purpose. The new ELSTER AddOn for SAP Business One 2022 is now available for download.

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Apply the final calculation correctly
10 July

Apply the final calculation correctly

nustries such as plant engineering or the construction industry generally provide contractually agreed services over a longer period of time. The client is often issued with partial and instalment invoices. The final costs are then settled with the final invoice. This final document settles all outstanding claims for a project, taking into account the instalments already paid. A final invoice therefore requires that partial invoices or invoices on account have previously been issued.

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What IT companies should consider when converting VAT
23 June

What IT companies should consider when converting VAT

The fact that the upcoming VAT changeover will not be as easy for companies as it has been announced should have quickly become clear to every entrepreneur. As an IT company ourselves in the broadest sense and with many customers from the IT sector, we naturally deal a lot with this topic

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German Association of Tax Consultants reacts to reduction of VAT rates
17 June

German Association of Tax Consultants reacts to reduction of VAT rates

In a lengthy statement, the German Association of Tax Advisors has commented on the temporary reduction in VAT rates. The content of the text makes it clear that, in the opinion of the tax advisors, the VAT change is a „bureaucratic cluster**ck“ (to quote them directly).

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28 June

Apply partial invoices and partial invoices correctly

There are small but significant differences between an invoice on account and a partial invoice. Companies must therefore be careful when handling these invoice types. This affects industries such as plant engineering and construction in particular. It's good to have software to help with this.

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16 Nov

Accounting explained: Sales tax pre-registration

Every business in Germany is subject to VAT. This means that it must pay the tax levied on sales to the tax office. At the same time, a company receives a VAT refund for the amount paid on purchases (input tax). In this way, VAT becomes a transitory item. The tax office wants to be informed regularly by the companies. This is done by means of the VAT advance return.

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Why the new accounting guidelines are important for your business
30 Nov

Why the new accounting guidelines are important for your business

It is often the new additions to the general terms and conditions or changes and additions to formal clauses that we tend to carelessly scroll over or throw in the bin. However, the new accounting guidelines should be taken into account by companies and ERP software should be checked against them.

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