Fixed assets depreciation simulation reports
Some customers post depreciation once a year. In between they simulate depreciation for financial report but also adjust company strategy. At year end, they may change depreciation profile to adapt to fiscal possibility. There is no report to simulate depreciation by fixed asset (detail or sum...
European triangulation business is not fully considered for EU sales list, intrastat, sales tax
Triangular transactions between European countries is a common process. There are lot of transactions requesting direct delivery inside European countries. System is not taking into account local requirement • Sales tax report should be different From Example in UK, UK VAT report should not inclu...
Consolidation - Elimination journal should post exchange rate difference automatically
Consolidation is done for several companies with different currency. During the process, all intercompany accounts must be eliminated. But the actual elimination rules process is not optimal. Elimination transactions are retrieved with original company currency. Elimination journal is balanced...
Withholding tax cannot be calculated in case of prepayment
Prepayment is posted (without settlement). The vendor invoice is subject to withholding tax. When invoice is settled with prepayment, withholding tax cannot be generated. on settlement screen/withholding tax, withholding tax cannot be added. System should have a way to calculate withholding tax...