Sage X3 Legislation Guide | February 2017 Change Log

Legislation Guide

Version 11 Document revision 1.31 | Feb.2017

1 Preamble

This document represents the current state of legislation packs available with Sage X3, and provides information on regulatory compliance by country (“must-have”). It provides a description of the regulatory components required, delivered as part of the core software or as supplementary add-on software

Important notes: This document refers to the latest improvements of each legislation at the time of publication. This content might be different for previous product updates. It is necessary to acquire language packs with all partner legislation, and highly recommended with Sage-built legislation packs.

2 Sage X3 Legislation Guide | February 2017 Change log

Document revision Changes

• Review of all legislations, content and availability (Launch of the Product Update 1.24 9 in progress) • Recapitulative table for availability across releases and product updates 1.25 10/02/2016 • Latvian legislation availability postponed 1.26 17/02/2016 • Swiss leg planed End Q1 CY 2016 • Availability of the legislations - update 1.27 15/06/2016 • New legislation Singapore • Cloud availability • Availability recap at the top of the document 1.28 09/11/2016 • V11.0.1 update 1.29 11/01/2017 • V11.0.2 update 1.30 01/02/2017 • Polish legislation available Product Update 9 – Patch 4 1.31 03/03/2017 • Mention to languages as implicit must-have

3 Sage X3 Legislation Guide | February 2017 Availability status

Sage legislation packs

Legislation On Premises Cloud v6.5 v7.1 Update 8 Update 9 v11.0.2 Angola Available Available Available Available Available Not available Austria Available Available Available Available Available Not available Australia Available Available Available Available Available Not available Belgium Available Not available Available Available Available Not available Brazil Available Not available Available Available Not yet planned Not available France Available Available Available Available Available Available Germany Available Available Available Available Available March 2017 North America Available Available Available Available Available Available Poland Apr.2017. Available Not available Available (P4) Apr.2017. Not available Availability Availability To be confirmed to be confirmed Portugal Available Not available Available Available (P3) Available (1) Not available South Africa Available Available Available Available Available March 2017 Spain Available Available Available Available Available Not available Switzerland Available Available Available Available Available Not available UK Available Available Available Available Available Available

(1) Upgrading from a former release could require to chain 2 upgrade processes.

Partner legislation packs

Legislation On Premises Cloud v6.5 v7.1 Update 8 Update 9 v11.0.2 Argentina Not available Not available Not available Available Not yet planned Not available China Available Available Not available Available Not yet planned Not available Czech Republic Available Available Available Available Not yet planned Not available Hungary Available Available Available Available Not yet planned Not available Italy Available Available Not available Available Not yet planned Not available Netherlands Available Available Available Available Not yet planned Not available Romania Available Available Available Available Not yet planned Not available Russia Available Not available Not available Available Not yet planned Not available Singapore Not available Not available Not available Available Not yet planned Not available Slovakia Available Available Available Available Not yet planned Not available Turkey Not available Not available Available Available Not yet planned Not available

4 Sage X3 Legislation Guide | February 2017 Compliance requirements

Definitions

Requirement Definition Legal pre-settings The basic accounting core model, COA or sample COA, tax codes, payment mode… mostly used in each country. Taxes and VAT Management of taxes until tax extraction. According to some regulations, Taxes and VAT submission may require a Third Party software Intrastat / ESD UE goods and services declaration Bank file compliance Bank file format ready to use out of the box, whether for inbound or outbound flows. Bank file compliance never includes transmission protocol or electronic submission file (may require local third-party add-on software) Payment life cycle Refers to the payment chain, discount & charges management applying on payments Fixed assets compliance Refers to depreciation rules Other ‘must have’ Not fitting in any of the above mentioned categories but necessarily for a local use. Additional regulatory software Additional components available from Sage or third-party in order to better meet legal requirements

Requirements by region Angola Austria Australia Belgium Brazil France Germany North America Poland Portugal Africa South Spain Switzerland United Kingdom Argentina China Czech Republic Hungary Italy Netherlands Romania Russia Singapore Slovakia Turkey Legal presetting l l l l l l l l l l l l l l l l l l l l l l l l Taxes & VAT l l l l l l l l l l l l l l l l l l l l l l l l l Intrastat / ESD l l l l l l l l l l l l l l Bank file compliance l l l l l l l l l l Payment lifecycle l l l l l l l l l l l l l Fixed assets l l l l l l l l l l l l l l l l l l Other must have l l l l l l l l l l l l l l l l l l l l l l Additional regulatory l l l l l l software

5 Sage X3 Legislation Guide | February 2017 Sage legislation packs

The following legislation packs are developed and supported by Sage

6 Sage X3 Legislation Guide | February 2017 Angola

Category Requirements Description Chart of Accounts, Automatic Journals, Accounting Accounting model destinations Legal presetting Automatic Journal for the Tax Dedicated automatic journal to launch the tax stamp amount stamp to be paid to the state Consumer tax (law 41/99) and stamp tax. KIT activity code is Taxes & VAT Consumer tax & Stamp tax required to be active Fixed Assets Fixed Assets families Fixed asset families defined according to law 755/72 FY end closing Results achievement Other Must Cash flow report Cash flow report Have Financial reports definition for P&L and BS on financial data Legal reports extraction

7 Sage X3 Legislation Guide | February 2017 Austria

Category Requirements Description Financial structure GL Chart of accounts, accounting codes, automatic Legal presetting Accounting setup journals, tax… Zusammenfassende Meldung Recapitulative Statements Taxes & VAT VAT declaration to tax authorities. Inquiries.Tax form. UVA Österreich (Austria) Creating UVA online XML file. Intrastat / ESD EU Intrastat Declaration of Goods exchange within EU countries. Early Discount / Late Charge Early Discount / Late Charge Payment Lifecycle SEPA SCT format SEPA SEPA SDD format Fixed Assets Depreciation method DA Method: Straight line Export of accounting data for examination according to Other Must Have BAO Export the Austrian Federal Fiscal Code (Bundesabgabenordnung, BAO).

8 Sage X3 Legislation Guide | February 2017 Australia

Category Requirements Description Financial structure GL Chart of accounts, accounting codes, automatic Legal presetting Accounting setup journals, tax…. GST Tax Goods and Services Tax GST Report is a simplified report that shows a listing of invoices with GST and the amount of GST according to GST Reports and GST Report the Business Activity Statement (BAS) labels. Archive Taxes & VAT GST Report Archive is a function to print any GST Report that has been generated in Actual mode. Tax Rate to be used when using the new GST Report. GST Rate This tax rate is available in addition to the GST Tax that was available prior to V.11. Bank file Bank files ABA (Australian Bankers Association) bank file compliance Prime Cost (AL) Fixed Assets Australian Depreciation Method Diminishing Value (DV) Financial Data Extract Financial Data Extract

Other Must Have A warning that appears when a Supplier without an Supplier without ABN warning Australian Business Number (ABN) is used in Purchase or Supplier Invoice.

9 Sage X3 Legislation Guide | February 2017 Belgium

Belgian legislation (UI) is available English & French

Category Requirements Description Financial structure GL Chart of accounts, accounting codes, automatic Legal presetting Accounting setup journals, tax… Belgian VAT declaration. Calculation, report & flat file VAT Declaration generation (for xml format file, refer to Additional Regulatory Software section). Annual listing of Belgian taxable customers. Annual listing of Belgian taxable Calculation, report & flat file generation (for xml format customers file, refer to Additional Regulatory Software section). Taxes & VAT Customer listing about VAT within Sales Customer listing of intracommunity intracommunity transactions. Calculation, report & flat sales transactions file generation (for xml format file, refer to Additional Regulatory Software section). 281.5 form - Declaration of service provider income 281.5 form (fees declaration) (See Additional Regulatory Software section) VAT registration number format VAT registration number format control Bank Identification format control Bank Identification format control Bank file Integration of CODA bank files Integration & management of compliance Management & reconciliation of banking transactions CODA bank files Automatic creation of payment entries Early Discount / Late Charge Early Discount / Late Charge SEPA SCT (including additional local information) SEPA Payment Lifecycle SEPA SDD A/P and A/R invoices have a single encoded number Structured communication (VCS used for payment (VCS number or payment number) identification number) DB: Declining Balance Fixed Assets Depreciation Methods LB: Belgian straightline Local software E-ADMIN is mandatory for declarative Additional processes, included in the legislation price (alternative: Regulatory E-Admin Manual internet declaration). Please refer to the Software technical conditions

10 Sage X3 Legislation Guide | February 2017 Brazil

Category Requirements Description GL Chart of accounts, accounting codes, tax , …. Automatic Financial structure Legal presetting journals are not in a patch since these tables can be delivered Accounting setup on every patch list Product Tax calculation in Federal taxes calculation (IPI, II, PIS, COFINS) and State the Fiscal Operations (for taxes (ICMS, ICMS ST), including all calculation methods Quotes, Orders, Deliveries required by the legislation. and Invoice) Nota Fiscal generation and transmission to the Tax Authority, NF-e (model 55) SEFAZ. XML and DANFE delivery by e-mail to the customer. Adjustments and purchase returns NFE type not included Services Tax calculation in Federal withhold taxes calculation (PIS, COFINS, CSLL, IRRF, the Fiscal Operations (for IRPJ) and Municipality taxes (ISS and withhold ISS). Quotes, Orders and Invoice) Taxes & VAT NF-e Events Nota Fiscal Event transmission (Cancelation and Unusable)

NF-e Contingency Mode NF-e on-line contingency (SVC) and off-line (FSDA)

NF-e Fiscal Operations generation for: Sales, Import of goods and purchases, Sales return, ICMS Tax Substitution, Inter NF-e Fiscal Operations sites Transfer, Consignment, Appreciation, Gifts and Remittance NFS-e (Services Invoice) generation and transmission to NFS-e Generation Municipality Tax Authority, and delivery by e-mail to the customer. Local software SAGE GESTÃO CONTÁBIL (This software is only available on SQL server) is mandatory for declarative processes. Please refer to the local price list and the technical conditions; SPED Fiscal & Escrituração 1/ Federal, State and Municipality Tax assessment. Fiscal, Tax assessment, 2/ Digital Fiscal Books (EFD) for validation in the SPED Additional SPED Pis/Cofins, Related system. Regulatory Obligations Software 3/ Digital Fiscal Books PIS/COFINS (EFD) for validation in the SPED system. 4/ File generation for: DCTF; DIRF; SINCO; PER/DCOMP; DNF; SINTEGRA; GIA; DIME; DFC/GI and others; Legal authority connector to trigger the Purchase documents IOB GERENCIA and to trigger the X3 sales documents

11 Sage X3 Legislation Guide | February 2017 Brazil (continued)

Category Requirements Description Local software SAGE GESTÃO CONTÁBIL is mandatory for declarative processes. Please refer to the local price list and the technical conditions (only available in 2014). Digital Accounting Books (ECD) for validation in the SPED SPED Contábil system. Some markets segments are not compliant with SAGE GESTÃO CONTÁBIL such as New vehicles, Additional Medications and pharmaceutical raw materials, Armaments, Regulatory Fuels, Sugar cane and Financial Institutions. Software Boleto compliance: Interface with banks for due dates Banks integration (CNAB) receivable by payment metod boleto

Importation of purchase XML Import the purchase invoice (via NFe) to X3

Transmission of Nota Fiscal Adjustment Notice according to NF-e CC-e Generation the legislation.

Note that the following features are not available: “NF-e Recipient Manifest” (Manifest event transmission that confirms that the recipient is aware of the fiscal operation), “NF-e FCI Generation” (Import Content Record – FCI - management for imported goods, including transmission of the xml records in the NF-e), “NF-e NC (Complementary)” (Complementary Invoice to adjust price and tax values), “CT-e” (Electronic Transportation Invoice to register and pay tax of freight) and “NF-e to Simple establishments ” (An specific invoice that have to be used by simple establishments. )

12 Sage X3 Legislation Guide | February 2017 France

Category Requirements Description Financial structure GL Chart of accounts, accounting codes, automatic Legal presetting Accounting setup journals, tax… Tax management (Local, EEC, Export flows), tax Tax management declaration (Extraction and preparatory report), Tax Taxes & VAT boxes (from PU10) Expense fee declaration (DAS2) Expense fee declaration (DAS2) including withholding including withholding tax tax. Reports and magnetic file. EU Intrastat Declaration of Goods exchange within EU countries. Intrastat / ESD EU Service Sales declaration Declaration of Services exchange within EU countries. Bank flows (Local transactions, local bank formats, Bank file Bank files and flows bank statement) are delivered out of the box covering compliance national and international compliances. SEPA SCT Payment Lifecycle SEPA SEPA SDD LP: French straight-line DF: French declining LV: Straight-line beyond null salvage unit Fixed Assets Depreciation method CA: Caducity/Gross value RA: Caducity/Net value FM: Forms and molds LG: Laundry Control of key country information: Bank ID number, Country information control Other Must Have SIC code, EU VAT information … Electronic Journal Entry file File required by the tax administration

13 Sage X3 Legislation Guide | February 2017 Germany

Category Requirements Description Financial structure GL Chart of accounts, accounting codes, automatic Legal presetting Accounting setup journals, tax… VAT declaration to German tax authorities. Inquiries. Tax form. File from X3 is ELSTER [Electronic Tax UStVA Deutschland (Germany) Declaration] ready (See Additional Regulatory Software Taxes & VAT section) Zusammenfassende Meldung Recapitulative Statements. Tax form and file export Application for permanent time limit for extension (VAT Dauerfristverlangerung reporting) Intrastat / ESD EU Intrastat Declaration of Goods exchange within EU countries. Early Discount / Late Charge Early Discount / Late Charge Payment Lifecycle SEPA SCT format SEPA SEPA SDD format Depreciation method DA Method: Straight line Fixed Assets Low value assets Handling Low value assets (LVA pooling) Export of tax relevant data to tax auditors in a certain Other Must Have GDPdU format including financial accounting data, fixed asset data and pay roll. Online transmission of VAT declaration and Recap. Statement. Handled by external ‘Sage X3 ELSTER ELSTER client’-tool (additional install, but no additional license Additional required). Regulatory Software Preparation and transmission of year's end statements to tax authorities. Handled by external 'Sage X3 E- E-Bilanz Bilanz' software (license necessary). Alternative: delegation of this task to tax consultant.

14 Sage X3 Legislation Guide | February 2017 North America United States and Canada

Category Requirements Description Financial structure GL Chart of accounts, accounting codes, automatic Legal presetting Accounting setup journals, tax… 1099 Information returns (1099-MISC and 1096 forms) Taxes & VAT Tax report Sales tax report Check Printing US Check Printing / Control AP Discounts AP Discounts Payment Lifecycle Process of comparing the balance on the bank Bank reconciliation statement and the book balance of the cash account. Method UL : Straight line / Macrs Fixed Assets Depreciation method Method UD : Declining method / Macrs RNI Received not Invoiced SNI Shipped not Invoiced

Other Must Have Trial Balance, Customer Invoice, Aging, Customer Reports Statement, Mono-level Standard BOMs, Sales Rep. Commission, Receipt Work Listing Financial Data Extract Financial Data Extract Additional Sage Sales Tax is Third Party Software and is not Regulatory Sage Sales Tax always required. See local price list when applicable Software

15 Sage X3 Legislation Guide | February 2017 Poland

Category Requirements Description Financial structure GL Chart of accounts, accounting codes, automatic Legal presetting Accounting setup journals, tax… Taxes & VAT VAT register VAT registers (Tax management) Intrastat / ESD All EU declaration All EU declaration achieved via a report. Straight line amortization Straight line amortization Degressive amortization method Degressive amortization method On-off amortization method On-off amortization method Physical assets counting Physical assets counting management Fixed Assets management FA reports - Asset LT printout (asset disposal) Asset LC printout (asset partial disposal) Legal Fixed Assets reports Asset MT printout (asset transfer) Asset PT printout (asset hand over) Asset WT printout (asset value change) WIP Interface Posting of manufacturing Corrective invoice Corrective invoice Internal Invoice Internal Invoice Control of key country information: Bank ID number, Other Must Have Country information control SIC code, EU VAT information … file generation (SAFT) according to the requirements Jednolity Plik Kontrolny (JPK) set out by Polish tax legislation. Includes JPK_VAT, JPK_FV, JPK_KR and JPK_MAG

16 Sage X3 Legislation Guide | February 2017 Portugal

Category Requirements Description Financial structure GL Chart of accounts, accounting codes, automatic Accounting setup journals, tax… Legal presetting FDE setup for IES (annual FDE setup to generate data to help IES (annual declaration) declaration) declaration Taxes & VAT Tax management Tax management Intrastat / ESD Intrastat information Intrastat information Bank file Bank statement Bank statement, national and international format compliance Draft remittance Draft remittance Payment Lifecycle SEPA SEPA SCT format Fixed asset reports Fixed asset reports Accounting code lines Profit & loss lines on FA for disposals Accounting funds Grouping of accounts for legal reports Used to defined depreciation parameters by legal asset Associations group Fixed Assets Method PC : Constant Method PD : Duodecimos Depreciation method Method DP : Declining Method DV : Mixed Declining Portuguese revaluation Monetary Impairment Coefficient Revaluations & Impairments Revaluations & Impairments for IAS/IFRS rules Digital signature Digital signature for shipment, sales invoices Portuguese Certification including invoices and Portuguese Certification with rules transports communication + SAFT + Document types from 2013 + SAF-T (standard audit for stock transactions and others and its digital file) + certification II signature. Available in core in Akira SAFT-PT SAFT-PT. Available in core in Akira Other Must Have Fiscal folder Fiscal declaration folder Periodic and year VAT declaration Periodic and year VAT declaration Cash VAT Cash VAT Transportation notes. (Communication of transportation Transportation notes notes for agriculture is not available) Cash flow analysis Cash flow analysis

17 Sage X3 Legislation Guide | February 2017 Portugal (continued)

Category Requirements Description Capital flow report Capital flow report Requirements from oficio 50001 / Requirements from oficio 50001 / 8632. 8632 Printing controls Reports Digital signature Other Must Have COPE Payment balance statement End of year inventory Legal requirement to communicate the inventories and communication the end of the fiscal year Possibility to inquire General ledger balance sheet with 2 level balance sheet inquire several grouping levels

18 Sage X3 Legislation Guide | February 2017 South Africa

Category Requirements Description Financial structure GL Chart of accounts, accounting codes, automatic Legal presetting Accounting setup journals, tax… Discount on tax Discount on tax Taxes & VAT VAT Reports + Fixed assets VAT VAT Reports reports Discount given by a supplier as a reward for prompt Early settlement Discount Payment Lifecycle payment of an invoice Creditors check printing Creditors check printing Encryption documents related to Encryption documents related to customer (128 bits) Other Must Have customer (128 bits) Reprint of invoices Reprint of invoices

19 Sage X3 Legislation Guide | February 2017 Spain

Category Requirements Description Financial structure GL Chart of accounts, accounting codes, automatic Legal presetting Accounting setup journals, tax… Tax management: regular taxes, IVA de recargo (2nd Taxes & VAT Tax management tax management), extraction, inquiries and summary control reports Intrastat / ESD EU Intrastat information EU Intrastat until magnetic file submission declaration. Ready to use national and international formats ( Bank files NORMA 34, NORMA 58...) Bank file Bank files imports Import of bank statements (NORMA 43) compliance SEPA SCT format SEPA SEPA SDD Payment Lifecycle Remittance Management Remittance Management Method LE : Line Depreciation method Method DE : Declining Method DI : Mixed declining Fixed Assets Lease contracts Classification of the debt in short and long term Subsidy Accounting in accordance Spanish rules Fixed assets classified for sale Accounting according to the rule Nº5 of IFRS Control of key country information: Bank ID number, Country information control SIC code, EU VAT information … Financial reports (Cuenta de Resultado, Balance de Other Must Have Financial reports situacion…) Control of the due date in sales and purchasing Law of bad debt invoices Additional To declare via files, or official templates models, Sage Connection with Sage Impresos Regulatory X3 is connected with Sage Impresos Oficiales. Please Oficiales Software refer for this Sage connector solution to local price list

20 Sage X3 Legislation Guide | February 2017 Switzerland

Category Requirements Description Financial structure GL Chart of accounts, accounting codes, automatic Legal presetting Accounting setup journals, tax… VAT statement VAT extraction and printout on official form. Taxes & VAT Invoice including/ excluding VAT Invoice including/ excluding VAT Payment Lifecycle Import BVR/ESR payment files Import BVR/ESR payment files Bank file Payments with DTA and OPAE/EZAG files; for local DTA and OPAE/EZAG files compliance swiss and international payments. Note: no direct debits Fixed Assets Depreciation Method Legal local rules 5 cent rounding Sales invoice rounding to 5 cent BVR/ISR stands for “Bulletin de versement avec Invoice with BVR/ESR (Distribution, Référence” or “Inpayment slip with Referencenumber”. Finance AP / AR) Allows printing of ISR forms for customer invoices. Supplier Invoices BVR/ISR with Handling of supplier invoices with BVR/ISR forms (code Other Must Have optical reader line check, reference number) The Bank Clearing Number (BC) identifies the financial institutes Bank Clearing numbers Ready to use Import of the Swiss Bank Code Number that is called “Bank clearing Number”. Postal codes Ready-to-use import of Swiss postal codes

21 Sage X3 Legislation Guide | February 2017 United Kingdom

Category Requirements Description GL Chart of accounts, accounting codes, automatic Financial structure journals, tax… An account structure is set in core but Legal presetting Accounting setup we do not have the constraints of a statutory Chart of accounts. Taxes & VAT VAT Reports VAT financial postings and reports Specific formats for each bank (1) - Payment files for Barclays, HSBC and Yorkshire bank Bank files Bank file Only set-up standard functionality can be used to add compliance more when required. Import of bank statements – None set standard Bank files imports functionality to be used when available Payment terms-Early Settlement From April 1st 2015, change in legislation coming into Discounts force in line with Europe; standard X3 functionality Payment Lifecycle SEPA SCT format – No SEPA formats set standard SEPA functionality to be used to create Intrastat / ESD UK Intrastat report Intrastat report (multiple currency) multiple remittance report, single Remittance reports remittance report Fixed Assets Must have requirement UK Statement UK single customer account statement report Other Must Have This report form is used to send aged debt details to UK Statement with ageing customers EU anti-fraud legislation affecting sales of technology Carrousel VAT products - computers, cameras, phones etc.

(1) Each UK bank has its own format. Sage X3 can handle those formats. The related pre-setting is achieved via consultancy days. (2) Partial workaround by reports

22 Sage X3 Legislation Guide | February 2017 Partner legislation packs

The following legislation packs are available from Sage partners

23 Sage X3 Legislation Guide | February 2017 Argentina

Category Requirements Description Legal presetting Financial Structure Tax Codes, Provinces, BP Tax Rules, Retentions rules Legal Identification for companies & partners (customers, suppliers): (CUIT, IIIBB inscription...) Legal Identification for countries (CUIT) Document emission Legal Identification for transactions (Legal identification for invoices, receipts, CAI, manual CAE, etc.) Invoice & Deliveries print-out CAI Management Taxes & VAT Tax Rate by partner Special Tax & exemptions Exemption for partners & company setup Perceptions & Retentions calculation for all provinces Gross Income Tax (IIIBB) Register ("Padrón") import for required IIBB provinces Other Retentions Income Tax & Social contribution retentions VAT Sales & Purchases reports, RG 3685, RG3686, VAT Declaration Retentions & Tax declarations via SIAP Application Transaction for payments ("Orden de Pago" & "Recibo") Payment Lifecycle Payment order used in Argentina Check endorsement

24 Sage X3 Legislation Guide | February 2017 China

Category Requirements Description GL Chart of accounts, accounting codes, automatic Financial structure Legal presetting journals, tax… Accounting setup Accounting setup Tax records are sent to a ready to extract file. A Government Third Party software is interfaced with Taxes & VAT Tax Interface Sage X3: Golden tax (See Additional Regulatory Software). This in turn, allows to automate VAT declaration and to print on pre-formatted invoice paper. Additional Golden Tax is a Government Third Party Software. See Regulatory Golden Tax local price list. Software

25 Sage X3 Legislation Guide | February 2017 Czech Republic

Category Requirements Description Financial structure GL Chart of accounts, accounting codes, automatic Legal presetting Accounting setup journals, automatic conversion in HUF VAT reports (preparatory & legal) + tax codes HUF amounts entering in purchase invoice when VAT declaration and tax reporting accounts are managed in EUR VAT amount for suppliers unpaid invoices Taxes & VAT Performance Date management Additional tax date field management EU Sales/Purchase Statement Recapitulative EU statement (15A60 form) Financial transaction real-time NGM decree report Declaration of Goods exchange within EU countries in Intrastat / ESD EU Intrastat CSV format (HUF amounts) Fixed Assets Depreciation Methods Linear, Digressive, and Accelerated Corrective sale invoice Function to be able to manage corrective sale invoice Balance sheet and Profit and Loss Reporting Statements Other Must Have Stock transactions Automatic journals for stock transactions posting Petty Cash Register Petty Cash Register management

(*) Czech connexion language is available and the legislation provides translations (Exceptions : Online help, External add- ons and some reports)

26 Sage X3 Legislation Guide | February 2017 Hungary

(*) Hungarian connexion language is available and the legislation provides translations (Exceptions : Online help, External add-ons and some reports)

27 Sage X3 Legislation Guide | February 2017 Italy

Category Requirements Description Financial Structure Automatic Journals, tax codes, payment transactions: Legal presetting Automatic Setup RIBA… VAT management following Italian fiscal regulation, including : Management of different types of VAT rules for Italian fiscal legislation (74 Ter, not deductible VAT, Corrispettivi VAT etc etc); Check on numbering of entries (to avoid holes"); Usual exporters VAT (VAT Italian VAT Handling Plafond); Use of VAT credit; Payment of VAT in advance. Split Payment Management (L. 190/2014 ART.1 COMMA 629) Usual exporters e-file Management (all’art. 20 del Dlgs 175/2014) Withholding tax on invoicing (partial\full), Reporting on provider invoices Different WT codes, Type of WT (services, Taxes & VAT commissions, …, nothing, …) "Certificazione Unica" Management (Art. 2 del Dlgs Withholding tax (Ritenuta) 175/2014) Special monthly report with the WT amounts that the company has to pay to Tax Office Specific program to build the file for “770 yearly return” "WT 770" return GL Journal (Legal Journal) Fiscal Accounting Journal Re-numbering GL Journal Skipped Protocol Recovery "Comunicazione Polivalente" Management (blacklist, Other Italian fiscal requirements spesometro) Stock Journal Foreign currencies revaluation Exchange Rates Management of loss/gains on exchange rates Intrastat exchange declaration in case of purchase or Intrastat / ESD Intrastat for Italy sale of services and goods Additional bank information tables. (IBAN) IBAN management Late Payments - Subjects to final payment Bank references Payment Lifecycle Import unpaid amount from CBI (Italian remote banking - Customer to Business Interaction) SEPA SCT\SDD: Italian Bank files format Domestic payments RIBA, ...

28 Sage X3 Legislation Guide | February 2017 Italy (continued)

Category Requirements Description Proforma invoices "WT proforma" deleting Sales invoices deleting Sales invoices Shipping Invoice Management "Jog" LIFO stock valuation management according to "Jog" LIFO stock valuation Italian needs: history of each fiscal year is saved in dedicated tables. New stock report including for each item and a specified Items stock ledger period: initial stock, in/out stock movements and final remaining quantities. Other Must Have The performance of company's activities often involves operations that continue from one fiscal year to the next. In this case, the associated costs and revenues, of which the amount and due date is known, should be Accruals\Deferrals Management spread over the different fiscal years according to the time. The Accruals/Deferrals function analyses the documents originating from logistics (purchases and sales), the documents loaded in business partners accounting and the accounting entries of GL.

29 Sage X3 Legislation Guide | February 2017 Netherlands

Category Requirements Description Financial structure GL Chart of accounts, accounting codes, automatic Legal presetting Accounting setup journals, tax… VAT declaration VAT reports (preparatory & legal) + tax codes Taxes & VAT Performance Date management Additional tax date field management EU sales report EU sales report and XML format (ICP declaration) Declaration of Goods exchange within EU countries in Intrastat / ESD EU Intrastat XML format. Straight line Fixed Assets Depreciation method Digressive method Stock transactions Stock and WIP posting Sales invoices, general balance, trial balance, petty Other Must Have Reports cash reports Balance sheet and Profit and Loss Reporting Statements

(*) Dutch connexion language is available and the legislation is provided with translations (Exceptions : Online help, External add-ons and some reports)

30 Sage X3 Legislation Guide | February 2017 Romania

Category Requirements Description Financial structure GL Chart of accounts, accounting codes, automatic Legal presetting Accounting setup journals, tax. Tax management and reports : Local, EEC, waste, Tax management Import and Export flows, triangular operations, automatic VAT reverse charge calculation Performance Date management Additional tax date field management 300 form - monthy/quarterly VAT declaration, 390 VIES Fiscal declarations form (EU transactions) and 394 form (Domestic transactions) management. Taxes & VAT Electronic declaration (XML files) for declarations 300, Electronic declarations 390 & 394 Compliance with tax on payments new regulations Tax on Payments (2013) Automatic VAT entry for tax on payment Summary of VAT per each rate and VAT journals ( VAT reports Sales Journal, Purchases Journal, VAT on payment Journal) Regulatory report for declaration of Goods exchange Intrastat / ESD EU Intrastat within EU countries in XML format. Romanian straight-line Depreciation methods Romanian declining Fixed Assets Romanian accelerated Fixed Assets reports Fixed assets register Booking for each period closing, Romanian National Period closing bank exchange daily and closing currencies - import in X3 Romanian National bank exchange rate (for daily and Exchange rate closing booking) - automatic XML file import in X3 Other Must Have In order to comply with the law, corrections must be Negative posting done with minus sign, to keet the GL account monthly turnover In order to comply with the law, corrections must be Negative posting done with minus sign, to keet the GL account monthly turnover

31 Sage X3 Legislation Guide | February 2017 Romania

Category Requirements Description GL account analysis, Supplier/Customer analysis, Petty cash report, Bank register, Fiscal receipt, Cash receipt/payment, Supplier/Customer analysis, General Accounting reports Ledger Journal in currency (for all posted journals), Journal Register,Trial balance, Romanian Statutory Financial Statement (Profit and Loss Statement, Other Must Have Balance Sheet Statement) Sales reports Sales invoice, Delivery note Standards automatic journals to post stock transactions Stock transactions into accounting. Material consumption, Receipt note, Deposit Statement, Stock reports Stock count session

(*) Romanian connexion language is available and the legislation is provided with translations (Exceptions : Online help, External add-ons and some reports)

32 Sage X3 Legislation Guide | February 2017 Russia

Depending on the business, Russian requirements may be more or less complex. Please check with Energy Consulting if the standard content of the legislation applies.

Category Requirements Description Chart of accounts, Accounting codes, Automatic Financial structure, accounting Legal presetting journals, Tax (Simplified and General taxation systems) structure Business Partners forms for Russia Support of requirements of Russian Accounting Profit Tax - reports and settings Standards (including Accounting Statute 18/02), Tax registers (1) Taxes & VAT Profit Tax - export file in Federal Tax Service of Russia Profit Tax - export in file format for EDI (1) VAT report, Automatic creation of specific "technical" VAT report invoices that are used to fill in VAT report Bank paying list Automatic generation of bank paying list Bank file Bank statement import and compliance Bank statement import and matching (1) matching Russian methods: LR (Linear), CR (NonLine), DR Depreciation methods (Reduction of the rest), SR (Sum of number duration Fixed Assets numbers), UR (Proportional to the volume) Revaluation Russian revaluation process Double Entry Method makes it possible to write a posting in "Debit Account-Credit Account-Amount" way: Double entry method there is additional information about each posting that tells from which account the amount came, and on which it is distributed.

Other Must Have Manufacturing cost allocation Specific cost allocation for manufacturing module Standards automatic journals to post stock transactions Stock transactions into accounting. Sales invoices, General balance, Petty cash reports Russian mandatory reports Accounting reports, Reports and forms concerning Double Entry Method, Logistic reports

(1) The solution doesn't provide the communication services mandatory to upload/download the files.

33 Sage X3 Legislation Guide | February 2017 Singapore

Category Requirements Description Accounting codes, tax codes, BP tax rules, GST Level, Financial structure, accounting Legal presetting GST Determination, GST setup (GST boxes, mapping), structure Import permit number Automatic GST calculation for sales and purchases invoices GST reporting for Singapore includes: Taxes & VAT Tax management - Screen form GST F05 (web entry format) - GST detailed report (detailing GST F5 form by transaction) - GST history screen (retrieve past declarations on given period / full fiscal year) IRAS Audit File automatically generated from Sage in Audit file CSV format (IAF file) Other Must-Have Import permit licences can be filled in for supplier Import permit license invoices (invoice line level) and displayed in the audit file

(*) Language English

34 Sage X3 Legislation Guide | February 2017 Slovakia

Category Requirements Description Financial structure GL Chart of accounts, accounting codes, automatic Legal presetting Accounting setup journals, tax… Analytic VAT statement , VAT Codes, and reports VAT declaration (DPHV form) Taxes & VAT Performance Date management Additional tax date field management EU sales reports EU sales report (SVDPH form) Domestic transaction reports EU sales report (KVDPH form) 2014+version2016 Declaration of Goods exchange within EU countries in Intrastat / ESD EU Intrastat XML format. Prepayment Invoices Prepayment invoices handling Payment Lifecycle Payment symbols Specific payment symbols for bank matching Straight line Fixed Assets Depreciation method Digressive method Stock transactions Stock and WIP posting Sales invoices, general balance, trial balance, petty Other Must Have Reports cash reports Balance sheet and Profit and Loss Reporting Statements

(*) Slovakian connexion language is available and the legislation is provided with translations (Exceptions : Online help, External add-ons and some reports)

35 Sage X3 Legislation Guide | February 2017 Turkey

Category Requirements Description GL Chart of accounts for Turkish GAAP , accounting Financial structure codes, automatic Journals, tax… Legal pre-setting Accounting setup GL Chart of accounts and Ledger Based on IFRS, Accounting Code, Account Mapping, Automatic Journal Value Added Tax (KDV) Analytic VAT statement , VAT Codes, and Reports Declaration (KDV Form) Taxes & VAT Analytic OTV statement , OTV Codes, and Reports Special (OTV) Declaration (OTV Form) Withholding Tax Additional Tax Date field Management and WHT Tax Prepayment Invoices Handling ,Depreciate Prepayment Prepayment Invoices Payment Lifecycle to Specific Purchase Invoice Early Discount / Late Charge Early Discount / Late Charge Straight line (TL) Fixed Assets Depreciation Methods Declining Method (TD) Stock Transactions Stock and WIP Posting Balance sheet, Profit and Loss and Other Must Have Reporting Statements Cash Flow KDV Report Statutory Report

36 Sage X3 Legislation Guide | February 2017 www.sagex3.com

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