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June 26th, 2022 9 min read
What is ERP and how to get the most out of system implementation?
What is ERP and how to get the most out of system implementation?
ERP (enterprise resource planning) is an enterprise resource planning software that helps you control internal processes and make important business development decisions in real time. Prerequisites for creating ERP systems For the first time, such systems appeared in the early 90s of the last century as a market response to complication of internal processes and the need for a balanced and integrated management of all company resources. Industrial enterprises were the first to use them, and soon, having proved their effectiveness, ERP systems began to be actively used in the service sector, government agencies and non-profit organizations. More than 30 years have passed, ERP systems have become a key management tool and continue to be actively developed and used by tens of thousands of co...
June 23rd, 2022 4 min read
Launch of ERP system Business Central v20. Technical overview
Launch of ERP system Business Central v20. Technical overview
To the attention of all developers, architects and other technical specialists. The SMART business team have attended Dynamics 365 Business Central v20 Launch – an event where Microsoft details new ERP functionality – and now want to share insights with you. The most important group of features is around security. Added support for granular delegated admin privileges is long waited by both partners and customers. It basically allows to control which administrative roles (and for what period) are granted for the partner by the customer. It is no longer global administrator access or nothing, it is possible to grant e.g. Dynamics 365 Administrator which is enough to manage online environments, and Helpdesk Administrator that allows to support users. Partners receive the options to assign gra...
June 23rd, 2022 3 min read
We invite you to join the Academy “Finance and Accounting in the International ERP system from Microsoft”
We invite you to join the Academy “Finance and Accounting in the International ERP system from Microsoft”
SMART business is pleased to announce a free online Academy “Finance and Accounting in the International ERP system from Microsoft”. In an era of change, when Ukrainian companies are increasingly oriented towards international business practices, the rejection of russian software is becoming not only a social position, but also the next logical business step. SMART business supports the desire of companies to quickly integrate into the EU economic space. Therefore, we invite everyone to take a practical course on accounting, tax and management accounting in the international ERP system Microsoft Dynamics 365 Business Central. Learn more about the Academy Business Central is an enterprise resource planning platform that helps you manage business processes including finance, purchasing, sale...
April 8th, 2022 5 min read
Changes in SMART Payroll module due to the martial law in Ukraine. Functionality improvements for Georgia and Azerbaijan
Changes in SMART Payroll module due to the martial law in Ukraine. Functionality improvements for Georgia and Azerbaijan
The article provides an overview of the SMART Localization solution updates included in Release Note v. 2022.04. Please note that settings for new modules are made manually and we remind you that SMART Localization consists of 2 parts: SMART Accounting – automation of accounting and tax accounting. SMART Payroll – automation of HR and Payroll processes. In Ukraine, improvements of the HR module are primarily due to the introduction of martial law. The changes also relate to the registration of specialists working for the Resident of Diia City. The following examples of options for adding absences and calculations with employees during the war have been created: Registration of mobilized employees and volunteers of territorial defense; Paid vacation or unpaid vacation; Remote work; Downtime...
January 11th, 2022 5 min read
SMART Localization regular update: new code version, convenient sick leave import and updated printed forms
SMART Localization regular update: new code version, convenient sick leave import and updated printed forms
In January 2022, SMART Localization update was released. This is a system for organizing and automating main business processes of a company, which consists of two parts: SMART Accounting – automation of accounting and tax accounting. SMART Payroll – automation of HR processes and payroll. Let us remind you that on November 1, 2021, the localization of the cloud version of the Microsoft Dynamics 365 Business Central ERP system became available in Ukraine. Administration is now even more convenient! You can work from any device, minimize the cost of on-premises servers and regularly receive functionality updates. Waybill printed form has been updated and redesigned for using a Word template. The SMART business team could not ignore the new rules for filling out waybills, in which it is now...
November 23rd, 2021 3 min read
The cloud version of Microsoft Dynamics 365 Business Central is now available in Ukraine
The cloud version of Microsoft Dynamics 365 Business Central is now available in Ukraine
On November 1, a cloud version of the ERP system Microsoft Dynamics 365 Business Central became available in the Ukrainian market. We have adapted the system to the requirements of Ukrainian legislation, developed a number of solutions that are fully compatible with Business Central for automating the processes of lease accounting, budgeting, purchases, personnel records, etc. and we are working on further development of the solution. More about the solution The ERP system adapted by the SMART business team entered the market under the name SMART Localization for Ukraine. The solution makes it possible to set up and automate processes for the effective functioning of a business, namely: management of sales, purchases, production, service, finance and taxes, as well as personnel records and...
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 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...
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