October 2024 updates for SMART Accounting and SMART Payroll

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.

1. Changes have been made to the generation of Sales Tax Invoices in accordance with the Orders of the Ministry of Finance of Ukraine No. 400 dated 04.09.2024 “On Amendments to Certain Regulatory Legal Acts of the Ministry of Finance of Ukraine” and No. 418 dated 04.09.2024 “On Amendments to the Order of the Ministry of Finance of Ukraine dated August 9, 2024, No. 400”.

Fields have been added for filling in information about operations for exporting goods outside the customs territory of Ukraine and for marking own agricultural products; the procedure for preparing VAT Invoices for non-business use (Tax Invoices with the reason code “13”) has been changed; Tax Invoice versions have been changed to J1201016, Appendix 2 to J1201216; and the export of VAT Invoices and Appendix 2 in XML has been updated.

2. Changes have been made to the formulas used in the Report on Equity and the Report on Cash Flows (direct, indirect methods).

The updated formulas provide more accurate representation of financial indicators and comply with current accounting requirements.

3. A secure connection with M.E.Doc through a Proxy using Microsoft Entra ID authorization has been implemented, ensuring secure data exchange between systems.
4. A new field has been added for items, fixed assets, and documents cards, allowing for a detailed description with many characters that exceed the capacity of standard “Description” and “Description 2” fields.
   Accordingly, printed forms and tax invoice exports have been modified to automatically use the extended description if it is filled in.
5. In the “Posted Sales VAT Invoice” and ” Posted Purchase VAT Invoice” documents, the ability to open related documents through the “Cust. Ledger Entry No.”, “Vend. Ledger Entry No.”, “Source No.”, fields, as well as the agreement through the “Agreement No.” field, has been added.
6. The “Check Sales Below Cost VAT Invoice” report has been developed, which allows you to review the items that were sold at a price below the cost price. The report displays the sales documents and created VAT invoices.
7. For the “Create Total VAT Invoice” task, a new “Create Total App” parameter has been added;

if the new parameter is enabled, the Total Appendix 2 is also generated at the same time as the Total VAT Invoice based on sales credit memos and refunds entries.

8. The ability to divide operation into separate sets in the Create G/L correspondence report has been added, which will allow processing accumulated significant volumes of historical data.
9. Changes have been made when uploading the imfx- file to the Customs Declaration, specifically allowing the upload if the imfx -file contains Items or Fixed Assets without an item code.
10. Printed forms for the Service Act and the Appendix to the Service Act have been developed.

Printing is possible from the “Service Order” and “Posted Service Invoice” documents.

11. “Customs Categories”, “Codifier of Administrative-Territorial Units”, “Postal Indexes”, and “Reasons for Non-Issuance of Tax Invoices” directories have been updated according to the current legislative norms.

1. The ability to calculate accruals in cases of maintaining the average wage based on the amount of the average hourly wage has been added.
2. For 1-PV (monthly) and 1-PV (quarterly) statistical reports, the ability of generation by separate subdivisions has been added. The settings for calculating sum indicators in statistical labor reports, namely in 1-PV (quarterly) and 1-PV (monthly) forms, have been updated.
3. The ability to fire an employee in a closed period if the “Allow Dismiss in Closed Period” setting is enabled has been added.
4. A few improvements to military accounting have been made.
5. The “PE Allocation Groups” functionality has been created, which allows you to post “Payroll Amount” from “Payroll Document Line” in proportion to the “Dimensions” according to the special settings.
6. The “Base Salary Amount” and “Monthly Salary Amount” fields have been added to the Positions page, which display the salary amount including the rate value. When the labor contract terms are created for the row, the amount for the salary element is transferred from the “Base Salary Amount” field.

Release Notes 2024.10 for Georgia, Azerbaijan, Cyprus, and Poland are also available.

To download the full versions of the releases in PDF format (for Ukraine – in Ukrainian, for Georgia – in Georgian, for Azerbaijan – in Azerbaijani, for Cyprus – in English, for Poland – in Polish), use the buttons below.