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October 12th, 2021 4 min read
Business Central SaaS availability, Ukrainian localization of the system and new update release
Business Central SaaS availability, Ukrainian localization of the system and new update release
SMART business is pleased to announce the next regular update of the SMART Localization solution. Let us start with the most important news. Microsoft Dynamics 365 Business Central SaaS is already available in Ukraine. Right now, you can purchase licenses for “BC Online” through the CSP channel and use dual rights that is, choose to use the cloud or on-premises version of the BC. The localization of accounting and tax accounting developed by SMART business under the legislation of Ukraine will be available for purchase from November 1, 2021. However, you can contact us (sales@smart-it.com) and order a demo and test drive today. We strive to improve your customer experience every year, so SMART business: Translated the entire Business Central system into Ukrainian, so that accountants, lawy...
September 8th, 2021 2 min read
Updated calculation of average wages in SMART Payroll following the legislative changes
Updated calculation of average wages in SMART Payroll following the legislative changes
According to the Resolution of the Cabinet of Ministers of Ukraine dated 01 September 2021 No.917 “Some Issues of Calculating Average Wages”, from 4 September 2021, average wages in Ukraine will be calculated in a new way. The SMART Localization product team carefully monitors all legislative changes. Therefore, we have already updated the algorithm for calculating the average wage in the SMART Payroll module in accordance with the resolution. The update will be available in SMART Localization 2021.10 release and is also available for pre-installation today! Changes in the average wage calculation concern the following: the amounts of accrued wages, except for bonuses (including for the first month) and other incentive payments based on the results of work for a certain period, are account...
July 12th, 2021 1 min read
SMART Localization Release Note 2021.07
SMART Localization Release Note 2021.07
Regular upgrade of SMART Localization for Ukraine. The most important updates include the following: SMART Accounting New interface that makes it possible to automatically generate an act of changing the sales price; Extended functionality of applying prepayments to unposted documents and its availability for the Service module; Extended functionality of “VAT invoice registration validation” for uploading incoming VAT invoices and adjustment calculations, as well as for importing a VAT Invoice Register; "New features on the G/L Source Turnover page to view all the necessary information in one place;" SMART Payroll New controls and rules for displaying operations in the appendices of the “Persons Taxes Calculation Report” have been added; For the “Calculation Type”, the capability of specif...
July 7th, 2021 3 min read
Enhanced capabilities of accountants and simplified work of HR managers: what’s new in SMART Localization 2021.07 release
Enhanced capabilities of accountants and simplified work of HR managers: what’s new in SMART Localization 2021.07 release
We traditionally start the new quarter with the presentation of the SMART Localization system upgrade! This solution allows organizations to implement the tasks of accounting and tax accounting in accordance with the requirements of local legislation, helps to take into account the specifics and timely respond to changes in the legal framework. The SMART business team has prepared a number of functional improvements that are important for users in the SMART Localization 2021.07 release. This time, it’s not just clear and concise, but also funny – to fit your summer work mood. SMART Accounting An interface has been developed that makes it possible to automatically generate an act of changing the sales price. Spoiler: and even the adjustment calculation to it is generated automatically! The...
April 26th, 2021 1 min read
SMART Localization Release Note 2021.04
SMART Localization Release Note 2021.04
Regular upgrade of SMART Localization for Ukraine. The upgrade covers the following modules: VAT Administration; Settlements with clients; FA Accounting; Purchases and Payables; Accounting and Financial Accounting; "HR and Payroll (Staffing List, Payroll Calendars and Documents, Timesheets, Vacation Orders, Labor Contracts, Payroll Sheer and Reporting). " To learn more about the changes, please read the "Microsoft Dynamics 365 Business Central SMART Localization Release Note", a document outlining the improvements and changes in the functionality of the SMART Localization solution included in the regular upgrade 2021.04. If you would like to download the full version of the Release Note in PDF format, please click on the button below.
April 15th, 2021 5 min read
Ecosoft
Andrii Salatskyi
CFO of Ecosoft
Ecosoft together with SMART business takes its own approach to the implementation and scaling of information systems
Implementation stages: step by step The digitalization project in Ecosoft started with Microsoft Dynamics NAV implementation. We started our digitalization journey from the Ecosoft’s sales office in Germany. The ERP system had to be implemented in accordance with the European standards, in German and together with the staff in the local office. With our implementation partner, SMART business, we quickly and successfully performed this transition. Andrii Salatskyi CFO of Ecosoft Following Germany, the system was implemented in Ukraine. The second implementation was much more difficult due to fragmented production and multiple flows that limited the capabilities of the standard system. To comply with the specifics of the enterprise, the ERP and CRM systems were additionally developed and int...
January 29th, 2021 1 min read
SMART Localization Release Note 2021.01
SMART Localization Release Note 2021.01
Regular upgrade of SMART Localization for Ukraine. The upgrade covers the following modules: Finance. FX Transactions Accounting; VAT Administration. Annual VAT Recalculation; Customs Declaration Accounting; Purchases and Payables; Accounting and Financial Reporting; HR and Payroll (Staffing List, Payroll Calendars and Documents, Timesheets, Vacation Orders, Labor Contracts, Payroll Sheet and Reporting). To learn more about the changes, please read the "Microsoft Dynamics 365 Business Central SMART Localization Release Note", a document outlining the improvements and changes in the functionality of the SMART Localization solution included in the regular upgrade 2021.01. If you would like to download the full version of the Release Note in PDF format, please click on the button below.
January 28th, 2021 3 min read
MTI
Boris Belyansky
CEO of MTI hi-tech distribution
MTI hi-tech distribution has implemented the biggest project in Ukraine for the transition to a new ERP system from Microsoft
System choice, implementation, and deployment One of the decisive criteria when choosing a Microsoft Dynamics NAV system was the ability to implement seamless coverage with the typical functionality of all business processes of the company, as well as to combine document flow, accounting and finance in one solution, with due allowance to the Ukrainian localization. We were looking for a platform that would maximize the automation of interaction with partners, provide technological capabilities for the development of new tools for working with their systems and help improve the quality of our service. Boris Belyansky CEO of MTI hi-tech distribution The Microsoft Dynamics NAV implementation project consisted of the stages of development, Go-Live and subsequent functionality extension. The fi...
December 30th, 2020 3 min read
Ecosoft
Andrii Salatskyi
Chief Financial Officer, Ecosoft
Will smart IoT data and ERP be able to bring new life to the water treatment industry?
Situation Kyiv-headquartered Ecosoft is one of the world’s leading producers of water treatment equipment and is one of only five full range suppliers of purification solutions from domestic and office to full industrial application. With important German and Belgian subsidiaries, the company has a presence in over 50 countries through its extensive partner network. So how do you innovate in high quality water supply? Solution The answer lies in the company’s intriguing move to apply the latest technology to improve not just the core product, but the way that product is distributed and offered to its marketplace. Selling fresh water is potentially very profitable and an attractive business to be in, if you get it right. The innovation we offer is to streamline how our water is delivered to...
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