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Showing posts from December, 2023

ERPNext GoCardless Module Now Available

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ERPNext Bank Synchronization with GoCardless Integration not just for Hungarian Banks  From the beginning, it has been possible to import bank transactions into the ERPNext ERP/CRM system to ensure the reliability of our accounting by reconciling these bank transactions with the payment entries recorded in our system.  As bank transactions became available through various aggregator platforms, such as Plaid, ERPNext quickly implemented this to allow ERPNext users to synchronize bank data from available banks through the Plaid system. This still works today, but as Hungarian users, we had to acknowledge that we cannot wait for Hungarian bank data to be available in the Plaid system, as it is an American company where even Western European banks are considered special.  While more Hungarian businesses are switching to alternative banks such as Revolut or Wise, and although these are accessible through the Plaid system with some tricks, we had to wait for a convenient soluti...

The Monolithon Approach to ERPNext Hungarian Invoicing

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Why hasn’t the ERPNext Hungarian invoicing solution been completed yet? Many laypeople often say that invoicing is straightforward because there is a lot of data available, and ERPNext is used in many countries along with other international solutions for invoicing. In such cases, the simplest way is to show the Hungarian VAT law, which regulates most of the invoicing-related questions. Yes, not only is the 27% VAT a world champion, and although we haven’t compared, it is almost certain that our VAT law is the longest, which is not necessarily advantageous. Invoices have mandatory content elements, such as dates. However, the specific dates to be included in a date-type field in invoicing are determined by the kilometer-long VAT law. This can largely be said for other content elements of the invoice as well. And then we haven’t even mentioned the mazes of exceptions and exemptions with their special conditions. We can conclude that Hungarian invoicing, in light of the above, is more co...