In partnership with a renowned auditing firm, we offer legal intelligence and make provisions for changes by providing regular updates for our localised versions of Sage X3. As a Sage Development Partner and member of the Sage Early Adopter Programme, we benefit from new versions of Sage X3 ahead of the game, as part of the Sage roadmap.
Our catalogue of localised versions:
From 01/01/24, the E-Invoicing requirement will be in place in Romania. All companies established in Romania, including non-resident taxpayers registered for VAT purposes in Romania, should report all their B2B and B2G transactions, using RO e-Invoice system.
The e-invoice is the invoice that is issued, sent and received in a structured electronic XML format, which allows it to be processed electronically and automatically by the RO e-invoice system.
When the validation is completed, the system automatically generates a response and, if the validation was successful, the signature of the Ministry of Finance is applied. This ensures that the content of the invoice hasn’t been altered.
The paper version will only be allowed until June 30, 2024, and only if the supplier or beneficiary is not yet listed in the RO e-Invoice Register.
After July 1, 2024, only electronically issued invoices in XML format will be accepted for VAT deduction purposes.
Non-compliant entities risk fines and rejection of VAT deduction.
Taxpayers should prepare ahead of time to meet these obligations.
Deveho with Sage X3 is prepared to respond to the new reporting system, E-Invoice.
300 form – monthly/quarterly VAT declaration, 390 VIES form (EU transactions) and 394 form (Domestic transactions) management.
Electronic declaration (XML files) for declarations 300, 390 & 394.
Compliance with tax on payments new regulations (2013).
Summary of VAT per each rate and VAT journals (Sales Journal, Purchases Journal, VAT on payment Journal).
Check business partner’s VAT numbers thru webservice to Romanian Tax Authority.
Consultation of BPs applying VAT on payment.
Regulatory report for declaration of Goods exchange within EU countries in XML format.
The Standard Audit File for Tax (SAF-T) is an international standard for the electronic exchange of accounting data between taxpayers and tax authorities. SAF-T reporting is cover detailed information extracted from the taxpayers accounting books on receivables, payables, fixed assets, inventory, tax regime of the transactions and common data.
Romanian National bank exchange rate (for daily and closing booking) – automatic XML file import in X3.
Unique identification number control of business partners to avoid duplication.
VAT declaration (preparatory / legal reporting+ xml)
SH DPH declaration (printout + xml)
KH DPH declaration (printout + query + xml)
Financial data extractions -BL reporting
Declaration of Goods exchange within EU countries in CSV format
Daily rate National Bank CZ automatic import
VAT declaration (preparatory, legal report)
EU sales report (SVDPH form + XML)
EU sales report (KVDPH form + XML)
SLO Declaration of Goods exchange within EU countries in XML format.
VAT declaration (xml)
15A60 declaration
NGM decree report (xml)
Real-Time Data Services
Reporting Statements
Audit financial data extraction management
Chart of accounts, group of accounts, pyramids, journals.
A standard rate of 20% and reduced rates of 7%, 10% and 14%.
VAT report.
VAT booking.
Specific automatic document set up for the management of discounts.
Balance sheet, journal, balance sheet assets and liabilities, income statement.
VAT declaration.
VAT reports (preparatory & legal) + tax codes.
EU Intrastat : Declaration of Goods exchange within EU countries in CSV format.
Invoices and Delivery Notes: Files to report register of Invoices to i.SAF and Delivery notes to i.VAZ subsystems.
Sage Enterprise Intelligence (SEI) is a fully integrated business intelligence and data management solution that helps organizations make informed decisions based on real-time data. It empowers all users with a simple interface to access and analyze data in a self-sufficient manner and eliminates the need for disparate tools and specialized skills.
Sage X3 takes the complexity out of running your business. It simplifies every part of your operation, leaving you lean and ready for whatever comes next, wherever you are in the world.
With Sage X3, you are choosing the next generation business management solution for your enterprise to grow faster and run an agile organization.
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