Exact Globe

Product Updates 422, 421, and 420: Fiscal taxonomy version 6.3 now supported (German legislation)

A new taxonomy version 6.3 (2019.04.01) has been introduced and can be imported into Exact Globe Next. The latest taxonomy version will cater for businesses submitting balance sheets for the year 2019 or 2020 in year 2021.

With this implementation, users can link the latest taxonomies, copy existing mappings to the taxonomy version 6.3, as well as generate and submit instance documents electronically using ELSTER. For more information, see https://www.elster.de.

Note: If your machine is running on Windows 10, the “usr” folder in the Exact software installation folder must be granted a full control right. This is to ensure that the instance documents will be sent successfully.

Changes have been made to the following:

Import taxonomy

In the Import taxonomy screen, a new option “Fiscal Taxonomie 6.3 – 2019.04.01” has been added to the list of options at Action.

After selecting the option, select the directory of the taxonomy folder and then click OK.

Copy mappings

The taxonomy version can be copied using the existing functionality in the Copy mappings screen, as displayed in the following:

Depending on the option that has been selected at Copy, the GL mappings for GCD (OR) and GAAP (OR) can be copied to version 2019.04.01.

Linking taxonomy

Once the taxonomy has been successfully imported, the normal GAAP or the MicroBilG version, as well as the GCD, can be viewed in the Taxonomy screen, as displayed in the following:

Instance documents

As for the creation of instance documents, the taxonomy version can be selected in the overview screen as follows:

You can create the instance documents by selecting the version and then clicking New. Next, the Taxonomy screen will be displayed. The instance documents can be generated by selecting the financial year and the new version, and then clicking the Generate button.

For more information on the previous taxonomy version, see Product Updates 420, 419, and 418: Fiscal taxonomy version 6.2 now supported (German legislation).