An internal, sequential alphanumeric key that uniquely identifies a group of items to which a VAT rate is applied
Each VAT group is assigned a tax rate. The standard rate varies from country to country - from 19 % in Germany to 21 % in Ireland. There are also reduced and super-reduced rates, which are subject to different conditions.
The annual financial statement work is one of the most important requirements for analysing the development of a company. Therefore, before auditing the ...Continue reading ?
Every year the turn of the year in SAP Business One is coming up. Anything you only do once a year is...Continue reading ?
Initially "only" a bidirectional interface to DATEV finance was planned. But when we talked about this development with more and more ...Continue reading ?
Accruals and deferrals are an essential accounting task when it comes to the period-end closing, for example when preparing the annual financial statements...Continue reading ?
Taken by itself, the term "consolidation" simply means that one brings a certain fact into context. In the world ...Continue reading ?
A balance confirmation makes it possible to check the correct amount of receivables and payables to your business partners. With the Versino...Continue reading ?
All companies today have to observe the GoBD-compliant storage of certain documents. Proper archiving alone is not enough. In ...Continue reading ?
Manually entering and processing paper-based invoices is a time-consuming and costly process in accounts payable...Continue reading ?
A new reference book on SAP Business One (B1) has been published. With "Quick Start in SAP Business One - Finance" all ...Continue reading ?
At the beginning there is the outstanding idea and/or the unique selling proposition that promises big profits. After founding the start-up, there is ...Continue reading ?
The financial module of an ERP software is the component that performs almost all of the most important accounting and financial management functions of a company within the ...Continue reading ?
Sectors such as plant engineering or the construction industry usually provide contractually agreed services over a longer period of time. The client will...Continue reading ?
With the Versino Financial Suite, users of SAP Business One can now use another alternative strategy for converting the ...Continue reading ?
The fact that the upcoming conversion of VAT will not be as easy for companies to handle as it was announced should ...Continue reading ?
In a lengthy statement, the German Association of Tax Advisors commented on the temporary reduction in VAT rates. The content of the text...Continue reading ?
The reduction in Value Added Tax (sales tax) is a measure to mitigate the economic impact of the Corona crisis that has taken many by surprise. Formal...Continue reading ?