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August 9th, 2023 1 min read
The order of the Ministry of Finance of Ukraine dated May 17, 2023 No. 256 “On Approval of Amendments to Certain Regulations of the Ministry of Finance of Ukraine” was published
The order of the Ministry of Finance of Ukraine dated May 17, 2023 No. 256 “On Approval of Amendments to Certain Regulations of the Ministry of Finance of Ukraine” was published
According to the order of the Ministry of Finance of Ukraine dated May 17, 2023, No. 256 (published on July 31, 2023), changes were made to the form of the VAT Invoice and the VAT Declaration. The main changes relate to enterprises engaged in the export of goods with the UKT ZED (Ukrainian Classifier of Goods of External Economic Activity) codes to which the export security regime is applied (namely, agricultural products such as grain, oil, seeds, etc.). To update generation of VAT invoices, such organizations will need to create a separate posting setting in the database. All other companies need to change only the version of the VAT invoice to “15” on the “VAT Settings (Ukraine)” page since other paragraphs of the order relate to changes in the wording of certain clauses, notes and do n...
August 8th, 2023 13 min read
Alternatives to 1C on the Ukrainian Market: Choosing an Effective ERP System
Alternatives to 1C on the Ukrainian Market: Choosing an Effective ERP System
Against the backdrop of tightened government sanctions on the distribution and use of russian software, Ukrainian businesses have found themselves trapped by their own inertia. Despite the fact that the first legislative sanctions against russian software were introduced eight years ago, many Ukrainian companies have been in no rush to invest in alternative solutions or retrain their staff – and have simply kept using the old systems. According to a 2022 report by OpenDataBot and Netpeak, 44 russian software products – including Bitrix24, Moy Sklad, and Mindbox – remained in demand on the Ukrainian market. Among these, the 1C and BAS accounting systems were leading the way. BAS, in fact, is a rebranded version of 1C – a move by russian developers designed to bypass sanctions and maintain t...
August 4th, 2023 3 min read AppSource
Release of SMART Localization for Azerbaijan
Release of SMART Localization for Azerbaijan
Introducing SMART Localization for Azerbaijan, a SaaS product that extends the basic functionality of Business Central to automate common tasks related to the activities and management of an enterprise in the Republic of Azerbaijan and is fully tailored to meet the local regulatory requirements. SMART Localization for Azerbaijan is based on Microsoft Dynamics 365 Business Central and is developed with the consideration of the local accounting peculiarities and legal requirements. It contains a maximum possible set of functions required for accounting in Azerbaijan. How does it work? The solution enables the creation of highly automated, easily manageable, and transparent accounting, reporting, and financial management processes within the system. It proves to be beneficial for a wide range...
July 31st, 2023 7 min read
From forced migration to new career opportunities: the story of the Incubation Freedom for Ukraine project with the participation of SMART business
From forced migration to new career opportunities: the story of the Incubation Freedom for Ukraine project with the participation of SMART business
According to the United Nations High Commissioner for Refugees (UNHCR), the number of Ukrainians registered for temporary protection or similar national protection programs in Europe reached almost 6 million as of June 26, 2023. The majority of Ukrainian refugees are women and children, and a country, which has become the first and largest destination for forced emigrants, is Poland. The key challenge for the migrants was their adjustment and adaptation, which, of course, included integration into the local labor market. In order to support and increase job search opportunities, the Ukrainian Talent Foundation, together with the Polish educational agency Perspektywy, launched the Incubation Freedom for Ukraine project. Read the article to learn about its goals and results, as well as about...
July 11th, 2023 4 min read
SMART Localization Release Note 2023.07
SMART Localization Release Note 2023.07
Solutions for Ukraine, Azerbaijan and Georgia are updated every 3 months. If changes in the Legislation are of an urgent nature, SMART business issues urgent unscheduled updates. All updates can be installed by yourself or with the help of SMART business. A new type of document has been created: E-Waybill. It is created on the basis of Posted Sales Shipment, Posted Transfer Shipment, Posted Return Shipments. The document contains all the necessary information for the transfer of data to the EDO provider and registration in the Central Data Base of e-Waybills. The SMART Pay extension has been developed, which allows making payments through the Monobank or LiqPay Internet acquiring services. This functionality simplifies the calculation process by giving the client the opportunity to pay in...
June 30th, 2023 4 min read
Exploring New Horizons at BC Tech Days: Recap
Exploring New Horizons at BC Tech Days: Recap
Antwerp recently hosted BC Tech Days, an annual event for developers and business owners who develop and accumulate expertise in Microsoft Dynamics 365 Business Central/NAV. The SMART business team attended the long-awaited conference, so we are happy to share with you the key insights and Microsoft roadmap on the development of the platform. Key messages from Microsoft at the BC Tech Days conference 1. Increased use of AI: GitHub Copilot will help the developer to write the code. In a new preview, VS Code adds a chat box like ChatGPT where you can request code reviews or write unit tests. The Copilot functionality, which allows you to generate descriptions for products, was presented with Business Central 2023 wave 1, and is now available to developers. In code, you can make requests to t...
May 18th, 2023 2 min read
Improved customer service with SMART Pay for Ukraine
Improved customer service with SMART Pay for Ukraine
Modern business requires companies to constantly improve the quality of service. Customers are becoming more demanding and expect a higher level of service – not only in terms of product quality, but also in terms of the convenience of delivery and payment options. In such a competitive environment, companies need to implement innovative solutions that will meet these needs and create a competitive advantage in the market. With all of the above in mind, we are pleased to introduce a new extension to Microsoft Dynamics 365 Business Central – SMART Pay for Ukraine. Its purpose is to help you improve your customer service. How does it work? As an alternative to collecting payments via bank transfer, you can offer your customers to pay you through Monobank or LiqPay internet acquiring services...
May 12th, 2023 6 min read
Employee salary calculation in SMART Payroll
Employee salary calculation in SMART Payroll
Transparency and comprehensibility of transactions relating to employee salaries is an important component of a successful business. However, as the company grows, the payroll process can become somewhat complex and resource-intensive. Moreover, the human factor often leads to errors, which entails the imposition of fines on the company. Modern payroll software allows not only to simplify processes and avoid errors, but also provide companies with new opportunities and enable them to be as flexible as possible in payroll matters. In this article, we will talk about the capabilities of SMART Payroll, as well as share interesting cases on payroll in the system. The article will be useful both for those who are looking for a system of accounting, accrual and payroll for the first time, and fo...
May 9th, 2023 4 min read
New data analysis feature in Business Central
New data analysis feature in Business Central
In the first wave of updates in 2023, Business Central got a powerful new feature that allows you to analyze data right in the system. Now end users and analysts, instead of opening an Excel page, generating a report, transferring data to Power BI or other third-party analytical systems, will be able to work with data in a single Business Central window. Read more about the new feature, its capabilities and settings in this article. How it works Analysis mode is a new way to interact with data on list pages. This is very similar to Excel, which is built right into Business Central. Now, to analyze information, you can simply add a few tabs that provide for the presence of data. For example, the My Customers, Tracked Items, New Vendors, Sales Statistics, or other tabs. To start analyzing da...
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