The standard report 'Condensed Period Balance Sheet' shows the balances of the general ledger accounts for the selected period at the chosen consolidation level in the selected fiscal year.

The standard report 'General Ledger Card Period Amounts' shows an overview of the transactions per general ledger account for the selected period in the currently chosen fiscal year. It displays the transaction document no., description (creditor), debit and credit amounts, and the balance after each transaction.

The standard report 'Condensed Result Comparison' provides an overview of the balance/budget factor, period budget, period balance, and discrepancies per general ledger account.

The standard report 'VAT Return' shows the VAT return for the selected period. The amounts are divided into 4 sections (domestic performances, domestic fixed establishments, performances to or in foreign countries, performances from abroad performed for you). The amounts are then calculated in section 5 (calculation of VAT). The outcome of the report is the total VAT amount to be paid. If no period is selected, the report remains empty.

The standard report 'Fixed Assets Overview' displays the sub-assets for each main asset along with the financial data of the respective sub-asset (acquisition and depreciation data).

The standard report 'EU Sales Listing' shows the EU Sales Listing for the selected period. The report displays the total amounts of deliveries and the total amounts of deliveries and services. The data is grouped by country. In the report, it is possible to display the invoices for that country per debtor. The total amount should correspond to the amount in category 3B: Delivery to/services in countries within the EU.

The standard report 'ICP declaration' shows the ICP declaration Belgium for the selected period. The report displays the total amounts of the transactions. The data is grouped by type: S or L.

The standard report 'VAT Return Germany' shows the VAT return for Germany for the selected period. The amounts are divided into different sections. The outcome of the report is the total VAT amount to be paid. If no period is selected, the report remains empty.

The standard report 'VAT Listing' shows the total invoiced amounts excluding VAT and the VAT amount per VAT recipient in the selected period.

The standard report 'VAT Return Belgium' shows the VAT return for Belgium for the selected period. The amounts are subdivided into different categories. The outcome of the report is the total VAT amount to be paid. If no period is selected, the report remains empty.

The standard 'General Ledger Journal' report provides an overview of all financial transactions based on journal entries.

If you send out, lend out or second personnel on the Dutch market, a hirer may ask you to open a g-account. A g-account is a blocked bank account. The g-account is linked to one or more payroll tax subnumbers and/or sales tax subnumbers.

De volgende foutmelding verschijnt: "Referentie ID '%1' komt vaker voor in deze betalingsopdracht". Wat kun je doen?

Het is mogelijk om je bankomgeving te koppelen aan de MKG software. Hierdoor wordt het aantal handmatige handelingen aanzienlijk verminderd en vergemakkelijkt. Voor de koppeling heb je een zogeheten PSD2 vergunning nodig die loopt via onze partner Bizcuit. Dit artikel laat zien hoe je Bizcuit in MKG integreert.

In some MKG modules you will find the navigation tree. The navigation tree is a tool that allows you to overview a process and all underlying components at a glance. This article shows where to find the navigation tree and how to use it.

A manual journal entry can refer to an accounting transaction that is not directly related to day-to-day operational activities, but rather is a 'memorandum' or recollection of a financial event. It can be used for non-regular or non-routine transactions.

A journal entry is a specific accounting registration within MKG that is used to record a financial transaction. It is a detailed accounting note that specifies the debit and credit entries to show the financial impact of a transaction on a company's general ledger accounts.

A financial transaction refers to any financial transaction or event that takes place within MKG. This can include any form of financial activity such as placing an order, receiving payment from a customer, paying suppliers, payroll and more.

BCO helps you to increase your insight into the financial situation of your company and puts you in a better position to determine your cost price. Do you have knowledge of cost prices and do you know the BCO modules? In this article you will find a step-by-step plan to easily set up BCO.

BCO stands for Budgeting, Controlling, Optimizing. BCO helps you increase your insight into your company's financial situation and enables you to better determine your cost price. By budgeting your hours and costs now, you will fully cover your business expenses for the coming year with direct and indirect hours, and you will maintain the alignment between order result and business result.