Recargo Equivalencia

Another country-specific feature Spain further expands the international reach of your Mago4 ERP.

Edited by Marketing Department

The ability to develop solutions to better manage taxation and a complete and continuous assistance on the whole management product are just some of the many keys to success of Mago4 in Spain.

In Spain there is a system of taxation called 'Recargo de Equivalencia' (R.E.), which only concerns certain retail activities. This is a special scheme which is compulsory for resellers who do not process products at all, i.e. resellers to the final consumer. The Recargo de Equivalencia does not apply to industrial activities, services or wholesale trade.

However, there are exceptions within the retail sector where certain activities are not eligible for RE; these include jewellers, car dealers, boat and airplane sales, service stations and others. These categories are subject to a different regime, whereby the retailer has to pay, in addition to VAT, an additional amount (which is then the Recargo de Equivalencia); the payment is made directly to the supplier. This way, you are exempt from submitting the VAT payment itself. In practice, the supplier must include the RE on the invoice, differentiating it from the VAT, and consider both amounts as VAT charged in the relevant tax statement.

Thanks to its innate flexibility, Mago4 adapts to this typically Spanish system. Let's take the case of a customer covered by the special R.E. regime. With the Spanish location of the ERP Mago, in fact, in all sales documents starting from the Offers, in addition to the VAT in the detail line is calculated the Recargo of Equivalencia, and a rate for the R.E. is also indicated in the VAT code. The additional VAT, calculated by Mago4, is shown in the tax printouts of the VAT sales register and its summary by VAT code, general summary of VAT registers and VAT clearance.

Maximum adaptability to all situations, efficiency based on local peculiarities: this is how Mago4 is able to support any phase of business management, anywhere in the world. This is one of the reasons why Mago4 is the international ERP software by vocation, chosen in over 30 countries around the world and part of Zucchetti's international strategic offer.




6 month of Mago4's webinars

Between January and June 2019, the first cycle of webinars dedicated to the theme " Mago4 for digital companies" was held and aimed at users and partners. Here are the results of this very positive experience!

Edited by Marketing Department

In the first 6 months of the year, the appointment with Mago4 was "fixed": every two weeks, in fact, users, retailers and the Mago Business Assistant team met together in a virtual classroom to learn more about many useful and interesting topics.

The experience was a huge success, widely appreciated by the vast majority of participants. The numbers of these 10 meetings in fact speak for themselves: the total number of participants was 600, with a redemption of 73% with respect to registrations, variously distributed between retailers and end users of Mago4.

The most appreciated topics were those discussed in the sessions related to the advantages of I.Mago in the administrative area, held in January, with a +140% of attendance compared to the average, followed by the webinar dedicated to production optimization with the Manufacturing of Mago4, which was held at the end of May and recorded a +133% of attendance and, to close our "top 3", the meeting dedicated to the control and monitoring of business costs in mid-April, with a good +118%.

The results have been very positive not only with regard to the content phase, but also with regard to the performance supporting the online sessions; the best evaluations relate to the choice of content and the expertise of the speakers. The topics of the webinars were considered excellent by 78% of users and good by 20%, while 90% considered the speaker's speech to be excellent.

The interest of many participants in specific issues covered by online demos should be noted: many feedback of appreciation of this activity on specific topics has been provided.

If you have not been able to participate in any of the webinars, don't worry: every meeting has been recorded, so that you can always use the video by downloading it from the Private Area and from MyZucchetti portal.

Your opinion counts a lot and the continuous feedback, together with the dialogue between the Team, Resellers and Users pushes to do better and better. The collection of feedback data was in fact the tool that allowed to "sum up" and started a further planning: given the success of the first edition, the activity of periodic webinars will be proposed again for another six months, to deepen many other features of great interest to the ERP Mago4.

But there's a big news: by taking part in the online survey, you can choose which topics to deal with during the next appointments! Participating is really easy: vote on the topics you prefer by following this linkand expressing your preferences. Remember: you have 15 days from the publication date to vote!

As soon as we have collected the data, we will start the calendar of meetings and as always you will be reached by the invitation from Zucchetti, followed by instructions to participate in the webinars.

What are you waiting for? Express your interest now ... we are waiting for you in the classroom!




EBanking Germany

New features for the German localization of Mago4’s Financials module.

Edited by Marketing Department

Bank reconciliation is about verifying that the accounting records correspond to the data on the bank statement; in practice, this means verifying the correspondence between the balance of the general ledger account (with all movements of the bank statement) and the statement of the same account issued by the bank. In Mago4 this function is performed by the Financials module, and is now available for Germany localization.

The improvement dedicated to Electronic Banking Germany includes a feature that allows you to import bank statement files in xml format, according to the Camt52 and Camt53 paths, reconcile bank statements with accounting records and maintain bank statements; the relative control reports are also available.

The reconciliation procedure allows both to generate the journal entries starting from the bank movements communicated by the bank, and to combine them with already entered accounting records. Checklists are also available to verify the actual reconciliation between the bank movements of account statements and the transactions posted in the accounts.

This improvement extends the international reach of the ERP Mago4, the "by vocation" international ERP chosen in over 30 countries around the world. Find out more about the improvement by consulting the release note.




Wellness sector

Gymgest and Sportrick, the Zucchetti Group solutions for fitness and wellness centres 4.0

Edited by Marketing Department

The Zucchetti Group presents its innovative solutions at B, the world's largest event dedicated to sport, fitness and wellness. During the fourteenth edition of the fair, which will take place from 30 May to 2 June at the Rimini Exhibition Centre, Zucchetti will once again present interesting new products designed specifically for the sector.

For years now, the wellness market has been growing exponentially, and it is a market that is not going to stop. For this reason, the group has decided to strengthen its expertise in this sector, as users are growing regularly and are increasingly attentive to innovation and the way in which gyms and wellness centers are managed, with a predilection for automated and smart systems, even in the cloud, able to provide a personalized, fast and efficient. Because if the goal is to live well, technology can only help.

In order to respond to the need for a better 'customer experience', the innovative technological offer presented includes the innovations made to the solutions of the Gymgest suite by Zucchetti Itaca: professional software and hardware systems dedicated to the management and control of access to gyms, wellness centers, spas, swimming pools and others, as well as the management of reservations, cancellations, subscriptions and subscriptions by customers, through apps. Added to this is Sportrick by Sportrick Tech, the new company in the group, a cloud platform that, in addition to broad functional coverage, is characterized by the native connection to the most important manufacturers of fitness-equipment.

To learn more, you can read the press release on the Zucchetti website.




Iinfinity 4.0 integrations

Are you ready for perfect integration? With the introduction of Infinity 4.0 there is much to discover.

Edited by Marketing Department

Many people know that Mago has an important and consolidated integration with Infinity Zucchetti to expand the management functions transforming it from "only" ERP, to "extended ERP".

Having an extended ERP means being able to use collaboration tools such as planners, appointments, e-mails from a single integrated system. It allows you to fully manage the phases of searching for new customers and upselling, retaining existing customers, managing negotiations and much more.

You certainly also know I.Mago.

I.Mago is the expression of the maximum integration between Zucchetti products: in addition to offering what has already been said above, it allows you to switch from one environment to another in a completely transparent way thanks to the automatic recognition of the user, display real-time ERP data directly on the virtual desk within a web page; it allows you to unify the sending of the mailing via Mago improving and centralizing the management ... and there is much more, too.

Until a few days ago this was only possible with the Infinity 2.4 platform. Thanks to the latest updates of Mago and the latest Infinity patches, both Mago.net and Mago4 are now certified to integrate with Infinity 4.0. For I.Mago it will be enough to wait until May 31st to enjoy all the benefits of I.Mago in Infinity 4.0 "mode"! Everything is even simpler, beautiful and functional. To see, to try, to use!

If you want more information about I.Mago 4.0, the integration Mago+Infinity or Infinity 4.0, ask your Mago Dealer.



fixed Assets module Spain

A novelty for the Spanish market introduced with the SP 3 of Mago4 2.4 is the introduction of the localization of Fixed Assets module.

Edited by Marketing Department

In order for an ERP software to be defined as "international", it is essential that it is natively prepared to take into account the specific needs and peculiarities of different countries. Think, for example, of tax rules, traceability requirements, invoicing systems, and much more. Given this innate openness, taking action at the level of development on individual localizations will be able to adequately meet all the needs of the country to which the product is addressed.

You know that the ERP Mago4 is a management system born with these characteristics and that is able to adapt to any context: not by chance it is widespread in more than 30 countries around the world.

Today we are examining a specific case concerning financials-accounting management in Spain, extended by the localization of the Mago4’s Fixed Assets module. It is well known that each country has its own way of managing and calculating depreciation; based on the requests for the management of the administrative functions of the country Spain - for which the Fixed Assets module had not yet been localized - a whole series of specific features are available with the SP 3 of Mago4 2.4.

In Localization Spain, therefore, important functions have been activated for the Fixed Assets module, such as the management of tax and budgetary depreciation schemes (the latter called "technical" in Spain), default data relating to reasons, categories and parameters, partial deductibility in the tax system. In addition, the monthly calculation of the depreciation rates has been included, as well as the possibility of recording them in the accounts on a monthly, quarterly or annual basis, depending on a specific parameter.

An interesting note to confirm the flexibility of the Mago4 ERP: the management of depreciation for Spain descends from that currently in use in Hungary and Poland, whose features have been extended to the Spanish localization since the new update of Mago4 2.4.

The localization of the Fixed Assets module is just one of the new features introduced by the SP3 of the Mago4 2.4. To know all of them, please consult the release notes in the Private Area. Downloading the Service Pack is as always free if your MLU is active, otherwise we suggest you contact your local dealer, as well as to install the SP.



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