With the Versino Financial Suite, users of SAP Business One pursue another alternative strategy for the conversion of VAT with immediate effect. Especially companies that use their financial accounting data with DATEV finance can benefit from this.
Create additional accounts with the configuration wizard
After DATEV decided to expand the existing charts of accounts in order to implement the temporary reduction of VAT, the additional accounts can now be created automatically with Versino Financial Suite. These are, among others, new tax accounts, cash discount accounts and special accounts.
After installing or updating the Versino Financial Suite, the configuration wizard will guide you through the creation of the corresponding accounts.
Create new tax codes and globally revise documents
For those who have decided to create new tax codes for 16 % and 5 % according to the reduced VAT, we have also extended the functionality of Versino Financial Suite. This decision is linked to even more activities in SAP Business One, whereby the new version of the software supports.
more on the subject:
SAP reacts to the Corona crisis with free access to the trading platform
Time to tidy up – optimize ERP software now (part 1)
Learn with SAP for free
ERP projects despite or because of Corona
Reduction of VAT 2020
