Thursday, August 31, 2017

SAUDI VALUE ADDED TAX REGISTRATION AND IMPLEMENTATION


Ikonomikal Cloud ERP has the programs ready to take care of the VAT and other taxes or levies the Saudi and the rest of the GCC governments may require. The VAT implementation will start on January 1, 2018 and therefore companies must be ready to comply. It is a must for all companies to use an effective and efficient system like Ikonomikal in accounting, withholding, collection, payment and reporting of taxes on selected goods and services in order to file on time and avoid penalties.

Ikonomikal covers not only taxation but the whole enterprise system having the General Ledger, Treasury/Investors, AR/AP, Bank Credit Facilities, Sales, Purchases, Inventory Control and Assembly, HR Payroll, Fixed Assets, General Contracting, Project Management, Shipping and Containers, Courier and Mail, Cargo Inbound and Outbound, Cargo Forwarding System, School Information System in multiple currencies, multiple companies or branches by multiple users in multiple locations.

The monthly subscription price of Ikonomikal Cloud ERP is very economical that even a small business can afford. While the monthly Functional Consultancy Services is likewise very affordable. No affront cost and no capital expenditure. Implementation and training are included in the monthly Functional Consultancy Services.

Ikonomikal also offers Free Customization, Free Development and Free Technical Support.

Ikonomikal Cloud ERP is a proprietary software, professional, comprehensive, integrated, 100% mobile and a self service ERP.

Interested parties may see the company website at https://hq.ikonomikal.com or others may see, test, enter transactions, save and post, print documents and reports in the actual software at https://ikonomikal.com

Please email your inquiry to sales@ikonomikal.com

Kindly read the following VAT news articles for reference. 

Saudi tax authority opens VAT registration on its portal

The Saudi General Authority of Zakat & Tax (GAZT) has opened registration for value-added-tax (VAT) on its online portal, a local newspaper reported, adding that there will be a 10,000 Saudi riyals ($2,666) penalty for the eligible businesses and entities that do not register within the deadline.

 Please click the link for more details:
http://www.zawya.com/uae/en/story/Saudi_tax_authority_opens_VAT_registration_on_its_portal-ZAWYA20170830050522/ 






Saudi issues August deadline for VAT registration

Sunday 13 August 2017
Businesses will have until later this month to register for the tax
Saudi Arabia’s General Authority of Zakat and Tax has reportedly announced that firms will only have until later this month to register for value added tax (VAT).
Saudi Gazette reports that the authority declared an August 26 registration deadline for firms with an annual turnover exceeding SAR375,000 ($100,000).
Please click the link for more details:

The introduction of VAT in Saudi Arabia

Value Added Tax February 2017

The representatives of the Member States of the Gulf Cooperation Council (GCC) confirmed the introduction of a formal VAT system across all six Member States through the signing of a VAT Framework Treaty. The Treaty acts as the basis for the domestic VAT legislation in each Member State by stipulating certain principles, which must be followed by all members, while allowing the countries to opt for different VAT treatments in relation to some supplies.

Please click the link for more details:
https://www2.deloitte.com/content/dam/Deloitte/xe/Documents/tax/countriesvatimplementation/me_tax_vat-implementation-in-saudi-arabia.pdf







Saudi Shura Council approves VAT law draft

13 JULY, 2017BY 
Council decision follows launch of public consultation on draft law in June
Saudi Arabia’s Shura Council has approved the draft of value-added tax (VAT), a major step forward in levying of sales tax in the kingdom, which is at the heart of the government’s push to generate revenues through alternative sources as windfall from oil dwindles.
The council, a powerful consultative body, gave the approval after the financial committee on VAT submitted its report, according to kingdom’s official news agency SPA, which added that the draft law is in line with the provisions of the uniform agreement between the GCC countries.
Please click the link for more details:




Saudi Cabinet approves VAT measure

Arab News | 
Please click the link for more details:
http://www.arabnews.com/node/1046616/saudi-arabia



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Tuesday, August 29, 2017

HOW TO CREATE THE SYSTEM USER GROUPS IN IKONOMIKAL CLOUD ERP

The System User Groups is the program where the details of authority are assigned. It could be given to a specific user or group of users. It is one of the security features of Ikonomikal Cloud ERP. The program is in the System and Audit Logs group of the System Services Modules.

Please note that this procedure is not applicable in the Sample Group of Companies of Ikonomikal. This program will appear only to the administrator access of the subscribed database. The subscriber and an outright administrator can assign the administrator authority to another user.
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How to go to the System User Groups

The quickest way to access the System User Groups or any program of Ikonomikal is right after clicking/opening the company database. The first screen to see is the Favorites page. The Favorites page shows the Recent on the left and Shortcuts on the right side as shown on image 1 below. The Recent has the list of recently used programs while the Shortcuts are programs setup as frequently used.  Click the System User Groups to go to/open the image 2 shown above.


1

There are other ways to access aside from the above such as to click the:
1. Global Search>Programs>Write program name>Click Find Icon>Select and double Click the program
2. Go to Main>Core>System Services>System Security and Audit Logs>System User Groups


How to create the System User Groups

The list of pages on the left side to fill the required setup for the System User Groups are as follows:
1. General
2. Programs
3. Transaction
4. M/F and T/F Reports
5. Posting
6. M/F and T/F Analysis
7. Dashboard Widgets
8. M/F and T/F Widgets
9. Master Files
10. Widgets
11. Employee Classification
12. IP Address Lock
13. Workflows
14. Dashboards

Legends:
M/F = Master Files
TF = Transaction Files
IP = Internet Provider

1. Click the "New Document Entry" icon to open the General Page


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The Programs page will automatically disappear.

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The Programs page will return after filling and saving the pages of 1 and 3 to 14.

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2. Fill the Description of the General page. Then click the Administrators box if the user is, otherwise do not. Do not click the InActive box. Do not click also the Services box as it has no purpose yet. Likewise do not fill the Code box because there is an automatic numbering upon saving, or put the code manually as an option before saving. See the image 2 above for the blank General page. See below image 6 for the filled page.

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3. Click the Transaction page to open. Click the Plus (+) icon to open the Search page containing the list of companies or branches to be assigned to the System User Groups.

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4. Click the Box/es of the Company or Branch to select in the Search page of the Transaction. Then Click the OK icon to go back to Transaction page with the selected Companies.

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5. Do the same steps of 3 and 4 to the following pages of selecting the company/ies or branch/es to be assigned to the System User Groups being created:

        > M/F and T/F Reports
        > Posting
        > M/F and T/F Analysis
        > Dashboard Widgets
        > M/F and T/F Widgets
        > Master Files
        > Widgets


6. Click the Employee Classification page to open. Then click the Plus (+) icon to open the Search page containing the list. Click the Box/es of the selected Classifications to select in the Search page of the Employee Classification. Then Click the OK icon to go back to Employee Classification page with the selected classifications.

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7. Do the same step 6 to the following pages as per each page requirement:

        > IP Address Lock
        > Workflows
        > Dashboards

8. Click the "Save" icon as shown in the image 5 of the step 1. This will return the Programs page on the left side list. It will also provide automatic Code if not manually entered. 

9. Click the Programs page to open. Then highlight one of the group of programs. Proceed to click Set Authority to open the page.

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10. The Set Authority opens a window of the Secured Programs. The latter has two groups namely the Select A Program and the Set Authority On.

As an example the selected Treasury Module has 90 programs. Each program has different Set Authority to enable or disable.

Set Enabled - is enabling each authority one by one
Set Disabled - is disabling each authority one by one
(All) Set Enabled- is enabling all listed authorities
(All) Set Disabled - is disabling all listed authorities  


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Module:
Treasury
Program:
No. 88 Description: Batch Bank/Fund Revalue

Feature/Procedure to Set Authority either Enable or Disable
1. Custom Information
2. Delete
3. Open
4. Export Data
5. Attach Files
6. Import Data
7. Move Batch to Branch
8. New
9. Post Documents Notes
10. Print
11. Readonly Disabled
12. Save
13. Scheduler
14. Set For Posting
15. Post
16. Post Reversal
17. Set For Reversal

11. Click the small X icon on the top right corner to close the Secured Program page, 

12. Select the next group of programs and do same steps of 10 and 11.

13. Click the "Save" icon and start creating a new System User Groups or go to another program of your choice.

END of procedure.

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Please click also the following to know more about Ikonomikal

Suggested modifications, customizations and developments with general industry use is FREE OF COST. 24/7 online Technical Support is also FREE

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Sunday, August 20, 2017

HOW TO CREATE A SYSTEM USER IN IKONOMIKAL CLOUD ERP

​How to go to System User

Click the icon "Programs" to show  the Main groups of programs then proceed clicking the following:
​Core>System Services>Security and Audit Logs>System Users
​

Please note that this procedure is not applicable in the Sample Group of Companies of Ikonomikal. This program will appear only to the administrator access of the subscribed database. The subscriber and outright administrator can assign the administrator access to another user.

How to create a System User

General Page
​​1. Click the icon New Document Entry
​2. Go to New Email ID and put the email address of the user. The user name will automatically appear. It will not if the user did not sign up yet.
​3. Go to User Group, click the user finder icon and select the User Group
It is in the User Group where the access to specific programs is defined. The procedure on how to create User Group is in another procedure.
4. Go to Branch, click the user finder icon and select the default Branch or Company
​5. Go to Department, click the user finder icon and select the default Department
​
General page

​Optional:
​6. Put your Report Initials to appear in the documents such as your name or alias
​7. Click the My Picture box and put your image by clicking Options where you have to select either Select An Image, Take A Picture or Draw An Image
​8. Click the My Signature box and put your signature image by clicking Options where you have to select either Select An Image, Take A Picture or Draw An Image
​
​Optional Settings page
​1. My Employee box to put your employee number. This is required in the next box. 
​2. Click (HR) Show Only Documents Related To Me. Meaning the access will only be the documents related to the employee number indicated in the above box
​3. Select in the (SC) My Salesman # if the employee belongs to a sales team
​4. Select in the (SC)  My Purchaser # if the employee belongs to a purchase team
Optional Settings Page
​
IP Address Lock page (optional)
​Click the icon + (plus) to add the IP address if there is a setup of IP Address. Click - (minus) to remove
​
IP Address Lock Page

 ​Workflows page (optional)
​Click the icon + (plus) to add access to the selected workflows if there is a setup. Click - (minus) to remove.
Workflows Page

 ​
​Then click SAVE icon to automatically appear the user code.

​
​At this point, Ikonomikal just sent an email to the user that the user is invited to become the user of the company database. The invitation process is one of the Security Features of iKonomikal Cloud ERP. 
​
Any user who signed up will not become a user of any subscribed company unless the user email address is invited by the subscriber/administrator and the user has accepted the invitation.

 ​Acceptance of invitation by the user is in a separate procedure. It is only upon acceptance of invitation the user can see the company database and the access to the assigned programs.

 END of procedure.

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Please click also the following to know more about Ikonomikal


Suggested modifications, customizations and developments with general industry use is FREE OF COST. 24/7 online Technical Support is also FREE

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Tuesday, August 15, 2017

CARGO MANIFEST SYSTEM IN CLOUD IS UNDERGOING DEVELOPMENT

The Cargo Manifest System or CMS is one of the cloud programs in the Add-In Modules of Ikonomikal Cloud ERP. This program will be used by the Cargo Forwarding companies to enter the data of and file their Manifest to the Cargo Data Exchange Center (CDEC) of customs office through ETRADE. This is as per the request of Victors Freight International Corporation. This program is expected to eliminate the data entry mistakes and errors encountered during filing which is costing the company.

 The timeline of developing CMS is 20 days. Ikonomikal is providing to subscribers Free Development, Free Customization and Free 24/7 Technical Support.

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 The Air Cargo program of CMS has been tested by the client and only require few customizations to be done as per their request.

 CMS is not yet finished and development is in process. So far Air Cargo Manifest and Air Cargo HAWB were completed. The Sea Cargo Manifest and Sea Cargo HBL are next. Integration with other modules, programming of reports, more testings and uploading to the live Ikonomikal will follow. There are 10 days more to finish the CMS
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Below is a sample transaction of Air Cargo HAWB made by the client.
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 Select the HAWB and click Open HAWB as directed by the arrow to open the document.
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 Air Cargo HAWB - 16051527081
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END

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Please click also the following to know more about Ikonomikal

Suggested modifications, customizations and developments with general industry use is FREE OF COST. 24/7 online Technical Support is also FREE.

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