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RSM Poland IT Consulting Team shares the brand-new plan of action for Oracle NetSuite Polish Localization Package for the 2023. If you want to know in what direction our PLP solution is going to evolve, check out the outline of new functionalities and improvements.

The information published by Poland's Ministry of Finance shows that the number of tax and customs controls is successively increasing. In the first half of 2022 there have been almost two thousand of such controls – it is almost 300 more than in the same period of 2021.

Polish Localization Package (PLP) provides an extension of a native functionality in NetSuite Oracle. It is a set of designed modules intended to fully support your financial NetSuite system in compliance with the Polish requirements stated in the Polish Accounting Act. We regularly update the PLP module and so we would like to announce a new version of Oracle NetSuite Polish Localization Package 2022.1 software. Our release notes provide information on the features and improvements in each release.

As usual, in December, entrepreneurs think about how much the changes in the regulations that will come into force from January of the new year will affect their tax settlement and operations. To make it easier for you to find yourself in the maze of regulations introduced by the new Polish Deal (and not only), we have prepared a quick summary. Here are the most important changes in the law that will affect doing business in Poland in 2023.

According to tax regulations, if our company purchases a vehicle from an EU Member State, it is an intra-community acquisition of goods. This creates additional obligations that we must fulfil as entrepreneurs. And regardless of whether we have decided to buy a used passenger car or a new one, we must prepare a VAT-23 declaration and prepare to pay VAT.

The Court of Justice of the European Union issued a judgement on April 7, 2022, in the case of a Romanian company, Berlin Chemie A. Menarini SRL with the participation of a German parent company, Berlin Chemie AG, which may be of considerable importance for the correct understanding of the concept of a fixed establishment in terms of goods and services tax.

The Polish Deal that entered into force on 1 January 2022 (with certain exceptions) involves a number of major changes both for companies and natural persons. The changes in 26 legal acts have been introduced in one big package. They have a great impact on crucial things from the taxpayer’s perspective, such as health insurance premiums, personal allowances, new tax thresholds and a range of other regulations. In the article below, we are going to discuss the most important ones the entrepreneurs surely cannot afford to overlook. We have already addressed these changes in detail on our blog, and we encourage you to read it.

With the end of the old year and the advent of the new one, some business owners and chief accountants are considering changing the accounting software. It is a difficult decision and not only does it have serious consequences in terms of tax settlements, but also often involves high costs of purchasing a licence and implementing appropriate software. 

Polish Localization Package (PLP) provides an extension of a native functionality in NetSuite Oracle. It is a set of designed modules intended to fully support your financial NetSuite system in compliance with the Polish requirements stated in the Polish Accounting Act. We regularly update the PLP module and so we would like to announce a new version of Oracle NetSuite Polish Localization Package 2021.4 software. Our release notes provide information on the features and improvements in each release.

With the new digital age technologies, accounting office staff gradually got used to e-mail communication, relying on scanned documents and having more casual connections with tax office staff. The pandemic that has made working from home so popular and has also greatly streamlined the information exchange between accountants and clerks. However, does that mean that digitisation itself is enough to solve all the accounting problems?