From the 1st of July 2019 all the invoices going to Estonian public sector organizations must be in e-invoice format. We wanted to make this change as easy as we could to our users so we’ve added an option to send e-invoices through SmartAccounts for all of our users without the need to have a separate contract with an e-invoice provider. What’s even more – it might also be completely free for you. Read on to find out more.
Starting from July 2019 all the invoices to Estonian public sector organizations must be in e-invoice format. That might sound like a problem but it’s not when you’re using SmartAccounts. We’ve made the option available to all of our users without the need for a separate contract with an e-invoice partner and it’s completely free or almost free to use. Here’s a guide on how to take advantage of this new feature.
We have some great news for you – a new and simple report to help you fill in the annual report and its notes has been released and it’s called ‘Annual report help’. You can find this new useful tool under ‘Reports’ – ‘Other Reports’ – ‘Other’.
Printing documents like sales invoices for example just got more convenient
New feature – save delivery addresses on purchase orders
We now show warehouse stock information on purchase orders, sales orders and offers as well
You can now have your general ledger report containing only accounts with entries in the selected period
We completely redesigned our connected services page so you can get a clear overview of services which can be connected to SmartAccounts and you can also activate some of the connections right there (including the API)
From January 1st 2018 the overall tax-free amount (basic exemption) of 6000 euros per year or 500 euros per month will be applied on all types of income and the increased basic exemption on pension and compensation for accident at work are not applicable anymore.
The basic rules for 2018 are:
annual income up to 14 400 euros amounts to 6000 euros as annual basic exemption
if the worker’s annual income is between 14 400 euros to 25 200 euros, basic exemption decreases according to the following formula: 6000 – 6000 ÷ 10 800 × (income amount – 14 400)
if annual income is more than 25 200 euros, basic exemption is 0.