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Some changes have been made in Exact Globe Next to ensurethat the information for the branch code and account number for the creditorsis reflected correctly in the XML file.This enhancement is applica...

Effective April 8, 2021, the descriptions for some VAT boxeswill be changed for the VAT return form. This enhancement is implemented tosupport the transition period of Northern Ireland’s dual position...

The submission of the VAT return reports for group companiesis now supported in Exact Globe Next. This functionality will facilitate theconsolidation of the VAT return reports for the return periods f...

The specification for the fraud prevention header has beenimproved to comply with the latest UK fraud prevention policy.The improvements that have been made to the headers are asfollows: ...

In this product update, the VAT return reports with the nil value can be processed via the Making Tax Digital (MTD) functionality in Exact Globe Next.To generate a VAT return report with a nil value, ...

To ease the VAT return submission via the Making Tax Digital(MTD) functionality in Exact Globe Next, the error messages related to theIRmark software application will no longer be displayed. This chan...

The VAT returns that have been finalized,but not yet submitted, can now be deleted. This enhancement is not applicable for the final VAT returns that have the linked final EU sales list. It is also no...

From April 1, 2019 onwards, the Making TaxDigital (MTD) initiative has been made mandatory. With this, all VAT-registeredbusinesses with a taxable turnover above the VAT threshold are now required tos...

Since April 2010, all UK businesses have had to submit their VAT returns online and tosupport our customers, we introduced the online support of VAT returns. For more information, see Online VAT retur...

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...

The net mass (weight) has been set to display the round off value in the Intrastat reports instead of the decimal value in the previous updates prior to product update 407. If the net mass value is le...

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...

From 1 April 2012, Intrastat submissions in the United Kingdom must be submitted online. The INTRASTAT data screen (go to Invoice à Statistics à Intrastat, and then click Start) has been created. This...

A payment reference is used to identify a specific payment and is also used for reference in the export or import of bank files in electronic banking.In the Process screen at Cash flow à Payments à Pr...

As of April 2010, the HM Revenue and Customs (HMRC) department requires businesses in the United Kingdom to report their European Union (EU) sales by submitting the European Sales List (Déclaration Eu...