Welcome back to the latest edition of the Finance Round-Up blog!
NEWS AND ALERTS
There have been a couple of significant announcements in this past month; from the HMRC Header Change – which impacts all customers using the Sage X3 MTD feature, to our recent Alert posted about the changes in the way VAT will be handled for B2C transactions in the EU.
For the HMRC header change, all customers compliant to the Sage X3 product life cycle policy, will need to apply the Syracuse hotfix and depending on your current patch release, you may also be required to apply application hotfix(s).
For the Sage X3 e-commerce VAT package, there is no requirement for an update to be applied to the product, as all maintained versions, as per the product life cycle policy, have the capabilities to manage the tax settings by the user.
For more information on these alerts, click on the following links;
Sage-X3-HMRC-Header-Change.pdf
E-commerce VAT in the EU is changing
E-commerce VAT in the EU is changing. Here’s what you need to know
UPDATES
Since our last instalment of the Finance Round-Up, there have been patch releases for both V11 and V12.
The main change in V11P20 was the addition of the antifraud header information required for the previously mentioned HMRC header change. For more information, click on the following link for the release notes V11 P20 Release Notes.
2021R2 (V12) has seen new features added to functions including; fixed assets, VAT return reporting, bad debt inquiry, currency conversion and prepayment invoices. For details of these changes, click on the link for the release notes V12 (2021R2) Release Notes. Be sure to check out the Changes tab to find even more information on improvements made to existing features, this includes post-Brexit changes to the VAT box descriptions as well as the new XI/XU country codes.
Latest Finance KBs
- KB110824 System Error Detected: Process: GLOBB1 and GLOBI1 when running FA depreciation calculation
- KB110826 Error 'VAT setup does not exist' when running British Declaration
- KB110839 Can adjustments be made on a validated vat return?
- KB108903 System Error: of_fsq failed to open - File Upload
- KB110563 Bank file Tax ID for Polish legislation: PL prefix is refused by the bank
- KB110564 'Pay Approval' status incorrect on the Accounting Document
- KB111000 Ledger is not appearing in manual matching dropdown
- KB111002 VAT boxes post Brexit naming convention
- KB111016 Bulk update of the Pay approval Status
- KB111020 VAT return Export Section is not active
- KB111021 VAT return - Submit button
- KB111162 Error '@X3.TRT/PAYREMBAN$adx (136) Error 6: Variable Non-existent BIDON'
- KB111024 Mixed language showing on GESBPR screen
Note; KB110449 Error “Warning! Connection in progress, please wait” When trying to create a VAT return - has been updated, as the fix for this issue was apart of the Sage X3 Syracuse hotfix released for the MTD header changes.
Handy Links
Sage X3 Support: Where can I go to find out stuff? - If you are new to the X3 world or just need a handy reminder of all the support avenues available, then this blog post is for you!
Sage X3 Latest Patches - Visit this forum discussion to ensure you're on the latest patch level, with the correct technology component version.
Sage X3 (U.K. & Ireland) - Support and Training video playlist on YouTube.
Sage U – Sage training courses that range from 1 hour ‘Lunch and Learn’ sessions, role-based training for users and Expert level courses.
UKI X3 Support Handbooks - download the Customer/Partner Support handbook.
Please leave a comment below to let us know if there are any specific topics you would like to see covered – we will do our best to accommodate requests!
For the latest updates, from the Sage X3 Finance Support in UKI, keep an eye out for the next edition of the Finance Round-Up.