news for Romania

A new web-based procedure of Mago4 2.4.5 streamlines the stages of verification of VAT status, in accordance with Romanian regulations.

Edited by Marketing Department

The National Agency for Tax Administration (ANAF) is a public body of Romania, operating for the Ministry of Finance. ANAF has the task of collecting taxes, duties and contributions. In December 2018, the web service provided by ANAF was enriched with the addition of useful information to improve the control of the fiscal status of Customers / Suppliers.

What is this about? In practice, the operation of VAT status control is used to verify the validity of a VAT number and to know the type of tax system. This is useful to verify whether a domestic supplier is active or inactive, to validate, or not, the deductibility of VAT, to know if the subject operates under the Cash Accounting regime or under the Split Tax system.

At ERP level, Mago4 has always embraced the Romanian legislation on the issue with a service of verification through a table, whose information was updated by a manual procedure; with the new 2.4.5 release, Mago4 is now able to take full advantage of the web service of ANAF for the control of fiscal status.

In fact, following the introduction of the new status controls on Customers and Suppliers, the verification of whether the supplier is in cash accounting system is now carried out by querying the web service, instead of reading the table above mentioned. Of course, it is still possible to restore the offline check, i.e. by consulting the table that is updated by the procedure Download Cash Tax Companies.For suppliers, a check is also carried out to find out whether the subject is VAT active or deactivated by displaying special messages. In particular, when saving purchase documents and received documents, the notice is obtained in presence of non-deductible documents and a supplier qualified as an active VAT subject or in the presence of deductible documents and a supplier qualified as an inactive VAT subject. Similar messages are displayed in the control report of document for suppliers. For suppliers, a check is also performed on the activation or deactivation of the Split Tax system.

Also with this targeted and specific update for the Romanian market, ERP Mago4 confirms its international orientation by simplifying procedures and aligning itself with the regulations of the reference country.

The one just described is just one of the improvements of Mago 2.4.5; to know all the new features you can refer to the release note in the private area of the Microarea website . The update is available for free download if your Live Update service is active; otherwise contact your local dealer to know the advantages of being always updated!

Your dealer is also available to download and install the upgrade to the new release of Mago4: we recommend that you contact him to perform the upgrade.




New release Mago4

The latest news of the 2.2 and 2.3 releases concern many countries natively localized by Mago4 ERP.

Edited by Marketing Department

Mago4 is increasingly addressing the international scene. The commitment to meet the specific requirements of many different countries is seamless, then we'll now see the main news introduced by release 2.2 and 2.3 of Mago4.

One of the flagships of the Mago4 ERP is the Brazil localization. With Mago4 2.3 the Electronic Nota Fiscal 4.0 is ready! It will replace the currently used 3.1 model, whose validity will expire on 2 July 2018. The goal of NF-e 4.0 is to simplify the use of electronic invoices for those who need to send these documents. All the new mandatory fields have been included and the calculation of the taxes has been improved and of course, also the security of the service. The most important changes concern existing fields, but there are also new ones, for example, information on the calculation of the tax percentage collected by the Brazilian government in order to provide better life conditions to disadvantaged people (Fundo de Combate à Pobreza- FCP) whose obligation has also been extended to operations within the same state and not only to the interstate ones. On the other hand, new validations concern the traceability of the product and the payment information. Also, the Types of Payment and the respective Transcodings have been added in order to associate the types of payment of Mago with the codes envisaged in the Fiscal Note. Hence, the user can specify the form of payment, such as "cash", "check" or "credit card". In Financial area, Boletos can now be managed also for DAYCOVAL Bank, according to technical specifications.

A strength of Mago4 on the old continent is the latest German localization, to the progress of which the new releases greatly contribute. In addition to improvements in the Finanacials area - providing in Mago4 2.2 an improvement of Product Lines management and a new function to specify taxable and tax amounts in the Tax Summary - a particular news specific to financial transactions is very interesting: the DATEV Connector. In Germany, as well as in other countries, the export of data for all financial transactions relating to a fiscal year and their communication to the consultant within a reasonable time is required. The data must be collected in an electronically readable format, so that they can be imported into a special environment for their review. The requested data usually includes information on the accounts, the transactions of ledger, the VAT codes, the customer, the supplier and the items. In Germany, this data exchange is managed by DATEV which allows to deal with all this information in a rigorous and confidential manner. In order to meet all these requirements and be able to interface with DATEV, Mago4 2.3 has implemented a new module, DATEV Connector, which allows you to export from Mago the information related to the tax documents posted in the purchase and sales modules and import them into DATEV using a .csv file. This file contains all the main information requested by DATEV and supports the requirements regarding the format for exporting and importing data into DATEV.

As for other major countries, the latest Mago4 releases refine the location of Spain, allowing to enter into Customers and Suppliers masters, the Document Type and Number to be used in Tax declarations and in SII - the new model for the electronic management of VAT registers. Moreover, default data include reclassification schemas to print balance sheets with normal or abbreviated format; bills of cash order type can be printed on file according to the proper record layout and Payees module is available for the Withholding Tax management.

Other improvements concern Swiss localization, where the bills management is now available to present, collect and post outstandings of receivables of SEPA SDD Core and SEPA SDD B2B payment type. Such bills will be printed on XML file.

News also for Poland, Romania e Bulgaria: the check report Customers/Suppliers Balancing between Ledger Balances and Payment Schedule Report has been localized in order to detail the accounting balance of each customer/supplier; this allows to detail the accounting balance by accounts of customer/supplier type used in accounting entries and that generated the customer/supplier accounting balance.

Also for Italy there are incisive updates: in the Logistics area of Mago4 2.3, for example, the Packing Producers Declarations Report has been improved in order to make more complete the information concerning the CONAI. A column that shows the percentage of exemption has been added next to the value in tons relative to the quantity field already present in Mago4. The latest realease of Mago4 provides also the review of the printed text in Privacy Statement Letters, in accordance with the GDPR European Law and the update of Tax Settlement Sending procedure in accordance with specifications valid since the first quarter 2018.

Mago4 always more user-friendly! To make it easier for the user to find out what he wants to do in Mago, some menu items have been reviewed. The names of similar procedures have been aligned using the same terminology and the names for the homonymous procedures have been changed so that they can be more easily recognized during the search.

These are just some of the news presented by the last two releases of the Mago4 ERP: as you know, the constant update is one of Mago's main features and you can simply refer to the release notes in the Private Area; to find out everything that is reserved to you. As always, you can download the updates for free if you have maintained the MLU service. Otherwise you can get in touch with your reference retailer to know the advantages of being always up-to-date.




Romania M4 2.0.1

The 2.0 release of Mago4, released at the beginning of December, as well as its SP 1, arrived just over a month later, refine several processes of the administrative area, basic for the Romania localization.

Edited by Marketing Department

Among the most important improvements made by the ERP Mago4 2.0 and specifically designed for Romania localization, you can find the Issued Bills of exchange and Checks management, introduced on the liabilities side, to pay suppliers. This issuing procedure not only allows you to issue one or more checks or bills of exchange - specifying for each one number, amount, expiry date, place and date of issue - but also to use previously created blank checks / bills of exchange, or to transfer to a supplier a check / bill received from a customer. It is possible to create blank checks or bills of exchange to be completed later, during the issuing phase.

Based on the amounts indicated, the procedure therefore proposes an automatic selection of the entries to be closed; similarly, the issue, payment and outstanding procedures also generate the related accounting entry.

The subsequent SP 1 of Mago4 2.0 also introduces the management of Split VAT. In this regard, it should be noted that starting from January 2018 in Romania the new Split Tax system enters into force, and becomes mandatory for some VAT subjects. This system requires that the payment of the invoices takes place in two separate transactions: the taxable amount must be paid into the "standard" bank account, while the VAT Tax must be paid on a special tax account that each Vat subject must have. These specific accounts, opened by the Country for each VAT subject, are regulated by special rules for the creation of the IBAN, and allow only the collection and payment of VAT. In case of cash, debit or credit card payments, the company receiving the invoice total in payment must transfer the Tax amount in its own Tax account within 7 days from receipt.

Mago4 simplifies everything, setting whether the company is subject to the Split Tax system, and identifying which suppliers are subject and which customers are excluded. Furthermore, Mago4 allows the Clearing to propose the taxable amount of the invoice when the type of payment is bank transfer, and the invoice total in other cases. A new Tax Clearing procedure allows you to post the collected/paid Tax directly on the Tax account specified into the Preferences; it is also introduced a report that allows you to calculate the Tax amount related to documents collected/paid for the total, to be transferred to your Tax account within 7 days.

To find out more you can consult the release notes and / or the Help Center on the Microarea portal, or contact us for more information.



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