Finance, tax & compliance
How this is scored
Whether the ERP keeps books a tax adviser and an auditor accept: general and subledgers, VAT per country, GoBD-compliant posting and archiving, e-invoices sent and received (XRechnung, ZUGFeRD), payments and dunning, and a DATEV export or a documented hand-over to the accountant.
0 — No accounting at all; invoices leave as PDFs and the books are kept somewhere else by hand.
3 — Invoices and credit notes are created in the system, but there is no ledger, no stated GoBD compliance and no export the accountant can import.
5 — Invoices, open items and payments in the system with a DATEV or accounting export, VAT rates per item, dunning, and e-invoices in XRechnung or ZUGFeRD format sent to customers.
8 — Full financial accounting or a live-synchronised one: general, receivables and payables ledgers, incoming e-invoices read and matched to purchase orders, bank feeds with payment matching, OSS and reverse-charge VAT, GoBD compliance stated with a procedure documentation, and several companies in one tenant.
10 — The money side closes inside the system: an auditor's GoBD or IDW PS 880 attestation published, consolidation and intercompany postings across entities, fixed assets and cost accounting, every posting traceable to the order, goods movement and user behind it, and period close with locked periods documented.
The Online Retailer
One-Stop-Shop readiness, a one-click DATEV export covering invoices, credit notes, liabilities and accounts, automatic VAT splitting and GoBD-compliant invoice processing are exactly what my tax adviser wants, and invoices go out as PDF (ZUGFeRD) and XML while incoming ZUGFeRD and XRechnung are read in. But the finance pages state that balance lists, VAT advance returns and direct booking from inside Xentral are a long-term goal, with the journal and the customer/supplier balance view still in development — so the ledger itself stays with the accountant. A solid hand-over rather than full accounting. 8 9 4