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July 8th, 2025 1 min read
Minor Update 2025.04/3
Minor Update 2025.04/3
The partial update is aimed at resolving issues identified after the release of version 2025.04 and also includes tasks related to legislative changes and improvements to the overall performance and stability of the system. Update changes: The display of the expanded balance by orders in the Detailed Turnover has been modified: from now on, the expanded balance by orders will show the available balance at the beginning or end of the selected period. An error in the incorrect display of open transactions by counterparties in the Detailed Turnover, when the balance for the counterparty equals 0, has been fixed. An error that occurred in the printed form of a Service Order when no contract was specified has been fixed. Updating SMART Accounting and SMART Payroll products is an important step...
July 7th, 2025 5 min read
SMART Localization Release Note 2025.07
SMART Localization Release Note 2025.07
Solution updates for Ukraine, Azerbaijan, Georgia, Cyprus, and Poland are released every 3 months. If changes in the legislation are urgent, SMART business releases urgent unscheduled updates. All updates can be installed independently or with the help of SMART business. The Declaration of Income has been updated to version 27 to comply with the requirements of the order of the Ministry of Finance effective April 24, 2025, No. 215. The option to indicate the use of the cash method for VAT accounting has been added to the VAT Declaration and table 2.1, Appendix 1 of the VAT Declaration. New functionality — “Purchase VAT Invoice Reconciliation” — has been added for verifying and matching lines of imported purchase VAT invoices with the lines of posted purchase invoices or released purchase o...
June 23rd, 2025 13 min read
What Funding Sources Are Available to Polish Businesses for ERP Implementation Projects — and How to Use Them
What Funding Sources Are Available to Polish Businesses for ERP Implementation Projects — and How to Use Them
A high-quality ERP system for modern businesses is not a luxury — it’s a necessity. It enables end-to-end data integration, automates key processes, and allows companies to operate more efficiently amid rapid digital transformation. According to research by Forrester, companies that implemented Microsoft Dynamics 365 saved between 7 and 15 work hours per week for specialists in finance, accounting, logistics, and supply chain teams. This led to an increase in productivity of nearly 78% for finance and accounting professionals, and 65% for logistics and supply chain teams. As a result — an overall increase in business profitability by 6–29%. However, even though the cost of such an ERP system, according to the same study, pays off fully within three years (ROI = 106%), this investment remai...
June 13th, 2025 3 min read
Minor Update 2025.04/2 for SMART Accounting solution
Minor Update 2025.04/2 for SMART Accounting solution
The partial update is aimed at resolving issues identified following the release of version 2025.04. It also includes tasks related to legislative changes and improvements in overall system performance and stability. The update changes are as follows: An issue that occurred during the import of purchase VAT invoices in the cloud version of the system, related to incorrect encoding, has been resolved. A toggle switch has been added to the Turnover Sheet page to determine whether report amounts should be displayed in an additional reporting currency (ACY). Lines that contain only values in the ACY are now displayed only when the toggle is enabled. The generation of the Turnover Sheet has been corrected in cases where there are balances by variants whose total amount equals zero. A line for t...
May 14th, 2025 3 min read
Minor Update 2025.04/1 for SMART Accounting та SMART Payroll
Minor Update 2025.04/1 for SMART Accounting та SMART Payroll
We are pleased to announce the release of Minor Update 2025.04/1. This partial update addresses issues identified after the 2025.04 release and includes tasks related to legislative changes, as well as general performance and system stability improvements. Key updates: A “Contract Number” field has been added to the lines of the Request Journal. This field is now automatically populated in the Purchase Order document. An issue with identifying the counterparty type during bank statement import has been resolved. The system now correctly selects the account type in cases where both a Customer and a Vendor are registered in the system under the same EDRPOU code. The logic for generating the Turnover Sheet has been updated. Value-related operations that do not impact the cost of inventory tra...
May 2nd, 2025 5 min read
Cloud vs. On-Premises ERP – Finding the Best Fit for Your Business
Cloud vs. On-Premises ERP – Finding the Best Fit for Your Business
In today’s fast-paced business environment, organizations across industries — whether private companies, government institutions, or non-profits — need robust Enterprise Resource Planning (ERP) systems. These systems have become essential, enabling businesses to streamline operations, gain real-time insights, and make informed decisions that drive growth and efficiency. The key decision isn’t whether an ERP system is necessary, but rather which type — cloud-based or on-premises — aligns best with the company’s strategic goals. The Rise of Cloud and On-Premises ERP: Choosing the Right Path Cloud ERP solutions have gained significant momentum in recent years, offering businesses the flexibility to access data and applications from anywhere. These solutions integrate critical business process...
April 11th, 2025 5 min read
SMART SAF-T UA Release 2025.04
SMART SAF-T UA Release 2025.04
We are excited to announce the release of the new update for SMART SAF-T for Ukraine, version 2025.04!  This update includes a number of improvements, new features, and bug fixes that significantly enhance user capabilities. You can now edit the source code and document type for SAF-T directly on the Advance Reports page, as well as configure financial journals using Excel. We have introduced new logic for filling out asset tables in accordance with current legislation and improved the data verification process and table formation. These changes are aimed at increasing the efficiency and accuracy of data processing, helping you to optimize your business processes.   Updates to the solution for Ukraine are released every 3 months. If legislative changes are urgent, SMART business releases e...
April 10th, 2025 6 min read
The Release of the SMART Reserves Solution – A Comprehensive Tool for Automating the Management of the Company’s Receivables
The Release of the SMART Reserves Solution – A Comprehensive Tool for Automating the Management of the Company’s Receivables
Managing receivables is one of the key tasks for a company’s financial departments. Delayed payments can lead to cash flow gaps, difficulties in financial planning, and liquidity losses. Given these challenges, SMART business continues to expand its portfolio of solutions based on the Microsoft Dynamics 365 Business Central ERP system, developing new tools to automate financial processes. Today, we present to you the SMART Reserves solution for creating a provision for doubtful debts – a comprehensive tool that allows businesses to effectively control the process of managing the company’s current receivables. How Does SMART Reserves Work? The solution provides end-to-end control over unpaid invoices, deviations from the initial contract terms, automatically calculates the provision for dou...
April 10th, 2025 13 min read
The Synergy of AI and ERP: How Proper Data Management Boosts Business Efficiency
The Synergy of AI and ERP: How Proper Data Management Boosts Business Efficiency
“The changes brought by artificial intelligence and machine learning will help the companies that embrace them and create barriers for those that do not,” – Jeff Bezos Today, artificial intelligence (AI) is not just a technological trend; it is a necessity for businesses striving for efficiency, scalability, and a competitive edge. According to PWC, 54% of company executives report that AI has already significantly boosted their business productivity. And this is just the beginning – it is projected that from 2023 to 2030, the average annual growth rate of the AI industry will reach 37.3%. However, just like a hammer that can help a skilled craftsman build a sturdy structure but remains just a piece of metal in untrained hands, AI only works when managed correctly. The primary “building ma...
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