Commodum is a commercial and tax focused Cyprus-based boutique firm, specializing in accounting, audit and Cyprus tax compliance and advisory services.
This exercise provides a good understanding of the Cyprus tax regime.
a glimp into the future of electronic invoicingDanny Gaethofs
油
The document discusses the future of electronic invoicing and envisions an "electronic business highway" where electronic invoicing will be integrated into end-to-end trade processes. It describes how emerging technologies and growing business networks are shaping electronic business and invoicing. The electronic business highway will reduce complexity and risks for companies by enabling real-time exchange of business documents between trading partners through intermediaries that link multiple highways into a "super-highway".
The document discusses challenges with project invoicing and how the Project Invoicing software from Project-Open addresses them. It allows capturing both formal documentation like change requests as well as informal negotiation results. It provides integrated timesheet management and flexible invoicing wizards to generate invoices based on the captured project information. This helps ensure more billable hours are invoiced, reduces administrative overhead, and helps manage the profitability of projects and customers.
A brief description of a new invoicing module added to wikiprojects, where project stakeholders can define project payment terms, invoice their clients, and generate related reports
Arduino es una plataforma de hardware y software libre que permite el desarrollo r叩pido de prototipos electr坦nicos. Existen varios tipos de placas Arduino como el Uno, Leonardo, Due, Mega y Pro Mini que difieren en el microcontrolador, memoria, E/O digitales y an叩logas. El lenguaje de programaci坦n principal es C/C++ aunque se pueden usar otros.
Parallel Settlement Clinic- Input Data and Settlement DSOeSett
油
This document discusses input data and settlement from a distribution system operator (DSO) perspective. It provides information on how to verify input data and settlement results in the online service, reporting gate closures that differ by country, and the settlement calculation frequency. Market participants can verify imbalance settlement results in views like consumption imbalance, production imbalance, and MGA imbalance. The MGA imbalance view displays surplus and deficit volumes and allows drilling down to the underlying consumption, production, and exchange data used in the calculations.
Parallel Settlement Clinic - Input Data - Settlement-Invoicing eSett
油
This document provides an overview of input data, settlement calculations, and verification of results from the perspective of a Balance Responsible Party (BRP) on the Nordic Balancing Settlement (NBS) model. It discusses how BRPs can view and verify input metering and consumption data, imbalance settlement calculations done every 5 minutes, consumption and production imbalance results, and invoicing results in the online service. Gate closures for reporting data vary by country in the Nordic region. BRPs can drill down in views to verify inputs and results against reported settlement data.
A Revenue Reconciliation and Settlement System that was built to provide an automated and systemic approach to recognizing revenues across the various revenue streams of the organization.
This document discusses opportunities for optimizing financial processes through electronic invoicing (e-invoicing). It covers the following key points:
1) E-invoicing can provide opportunities for cost savings, efficiency gains, and improvements to the financial supply chain process through reduced processing costs, fewer errors, faster approval times, and better visibility of invoices and payments.
2) The EU directive on e-invoicing establishes equal treatment of paper and electronic invoices and promotes uptake of e-invoicing. It requires authenticity, integrity of content and readability of invoices.
3) Adopting e-invoicing requires considering different data formats and building blocks like email invoices, XML invoices through service providers or port
CREST is the central securities depository for the UK, Ireland, Isle of Man and Jersey. It maintains records of eligible securities and facilitates the electronic settlement of transactions. CREST distinguishes between users who can connect electronically and participants who have a formal relationship and hold stock accounts. Investors can hold securities through CREST directly as members or through nominee accounts. CREST also facilitates cross-border settlement through links with other central securities depositories.
The document discusses various means for the peaceful settlement of international disputes according to the UN Charter. It describes negotiation, enquiry, mediation, conciliation, arbitration, resort to regional arrangements, and judicial settlement. It provides details on the International Court of Justice, including its composition, functions, jurisdiction, and how states can accept its jurisdiction through special agreements, treaty clauses, or declarations.
Clearing and settlement involves matching trades, determining obligations, and exchanging securities for cash. It is facilitated by clearing members, clearing banks, depositories, and the clearing corporation. Key risks include counterparty default and liquidity issues. The clearing corporation manages these risks through activities like trade confirmation, multilateral netting to determine obligations, collecting margins, and imposing limits. It acts as the central counterparty to assume default risk and ensure settlement is completed as required by market rules.
This document outlines the key steps in the securities trade life cycle from order origination to settlement. It describes the roles of different departments within a brokerage firm or securities trading organization, including the front office for order origination, middle office for order validation and confirmation, and back office for clearing and settlement. The life cycle involves order entry, execution, reconciliation, confirmation, booking, accounting, cashiering and settlement functions to complete a trade.
This document provides step-by-step instructions for setting up the general ledger in Oracle EBS, including:
1. Configuring the accounting flexfield to define the structure of the chart of accounts. This involves adding segments, creating value sets, and defining qualifiers.
2. Adding and maintaining values for the accounting segments to populate the chart of accounts. This includes setting up parent/child relationships.
3. Performing account maintenance tasks like moving account balances and journal entries from one account to another using the mass maintenance request.
The setup discusses important considerations for defining a flexible and scalable chart of accounts structure that can accommodate future business needs.
This document discusses consolidation settlement, which occurs when saturated soil is loaded and squeezed, causing water to be expelled over time (years depending on soil permeability) and the soil volume to decrease. As water flows out, the soil settles vertically in direct proportion to the volume decrease. Two methods estimate consolidation settlement: using the coefficient of volume compressibility (mv) or the void ratio-effective stress (e-log'v) relationship. Practical applications include using prefabricated vertical drains to accelerate consolidation in clay soils.
Trading has changed from local to global and so have the processes from paper to Online. The result is change in process from T+3 to T+1 and real time trading and settlement of a trade.
The document discusses asset accounting in SAP, including:
- Asset accounting is a subsidiary ledger of financial accounting that updates general ledger accounts.
- Asset classes are used to group assets, assign accounts and default values, and structure assets for reporting.
- Charts of depreciation define depreciation areas for book, tax, and other purposes across asset classes.
- Master data includes creating asset records via asset classes or copying, and time-dependent assignments.
- Asset acquisitions can integrate with accounts payable/receivable or use a clearing account.
Payment and Settlement Systems(SWIFT,NEFT and Securities Cycle)Savita Marwal
油
Here are the key steps in creating offerings as part of bringing offerings to market in the payment processing flow:
1. Customer offerings strategy and planning: Define the strategy including pricing, targets, volumes, features and services including payment functionalities.
2. Customer offerings policies and methodologies: Develop policies and methodologies to support the offerings strategy.
3. Customer offerings relationships and management: Manage relationships with relevant stakeholders as part of bringing the offerings to market.
4. Customer offerings performance management: Establish performance management processes to track outcomes of the offerings.
5. Customer offerings people management: Manage resources required to create and bring offerings to market.
6. Customer offerings design, build and run enablement:
Arduino es una plataforma de hardware y software libre que permite el desarrollo r叩pido de prototipos electr坦nicos. Existen varios tipos de placas Arduino como el Uno, Leonardo, Due, Mega y Pro Mini que difieren en el microcontrolador, memoria, E/O digitales y an叩logas. El lenguaje de programaci坦n principal es C/C++ aunque se pueden usar otros.
Parallel Settlement Clinic- Input Data and Settlement DSOeSett
油
This document discusses input data and settlement from a distribution system operator (DSO) perspective. It provides information on how to verify input data and settlement results in the online service, reporting gate closures that differ by country, and the settlement calculation frequency. Market participants can verify imbalance settlement results in views like consumption imbalance, production imbalance, and MGA imbalance. The MGA imbalance view displays surplus and deficit volumes and allows drilling down to the underlying consumption, production, and exchange data used in the calculations.
Parallel Settlement Clinic - Input Data - Settlement-Invoicing eSett
油
This document provides an overview of input data, settlement calculations, and verification of results from the perspective of a Balance Responsible Party (BRP) on the Nordic Balancing Settlement (NBS) model. It discusses how BRPs can view and verify input metering and consumption data, imbalance settlement calculations done every 5 minutes, consumption and production imbalance results, and invoicing results in the online service. Gate closures for reporting data vary by country in the Nordic region. BRPs can drill down in views to verify inputs and results against reported settlement data.
A Revenue Reconciliation and Settlement System that was built to provide an automated and systemic approach to recognizing revenues across the various revenue streams of the organization.
This document discusses opportunities for optimizing financial processes through electronic invoicing (e-invoicing). It covers the following key points:
1) E-invoicing can provide opportunities for cost savings, efficiency gains, and improvements to the financial supply chain process through reduced processing costs, fewer errors, faster approval times, and better visibility of invoices and payments.
2) The EU directive on e-invoicing establishes equal treatment of paper and electronic invoices and promotes uptake of e-invoicing. It requires authenticity, integrity of content and readability of invoices.
3) Adopting e-invoicing requires considering different data formats and building blocks like email invoices, XML invoices through service providers or port
CREST is the central securities depository for the UK, Ireland, Isle of Man and Jersey. It maintains records of eligible securities and facilitates the electronic settlement of transactions. CREST distinguishes between users who can connect electronically and participants who have a formal relationship and hold stock accounts. Investors can hold securities through CREST directly as members or through nominee accounts. CREST also facilitates cross-border settlement through links with other central securities depositories.
The document discusses various means for the peaceful settlement of international disputes according to the UN Charter. It describes negotiation, enquiry, mediation, conciliation, arbitration, resort to regional arrangements, and judicial settlement. It provides details on the International Court of Justice, including its composition, functions, jurisdiction, and how states can accept its jurisdiction through special agreements, treaty clauses, or declarations.
Clearing and settlement involves matching trades, determining obligations, and exchanging securities for cash. It is facilitated by clearing members, clearing banks, depositories, and the clearing corporation. Key risks include counterparty default and liquidity issues. The clearing corporation manages these risks through activities like trade confirmation, multilateral netting to determine obligations, collecting margins, and imposing limits. It acts as the central counterparty to assume default risk and ensure settlement is completed as required by market rules.
This document outlines the key steps in the securities trade life cycle from order origination to settlement. It describes the roles of different departments within a brokerage firm or securities trading organization, including the front office for order origination, middle office for order validation and confirmation, and back office for clearing and settlement. The life cycle involves order entry, execution, reconciliation, confirmation, booking, accounting, cashiering and settlement functions to complete a trade.
This document provides step-by-step instructions for setting up the general ledger in Oracle EBS, including:
1. Configuring the accounting flexfield to define the structure of the chart of accounts. This involves adding segments, creating value sets, and defining qualifiers.
2. Adding and maintaining values for the accounting segments to populate the chart of accounts. This includes setting up parent/child relationships.
3. Performing account maintenance tasks like moving account balances and journal entries from one account to another using the mass maintenance request.
The setup discusses important considerations for defining a flexible and scalable chart of accounts structure that can accommodate future business needs.
This document discusses consolidation settlement, which occurs when saturated soil is loaded and squeezed, causing water to be expelled over time (years depending on soil permeability) and the soil volume to decrease. As water flows out, the soil settles vertically in direct proportion to the volume decrease. Two methods estimate consolidation settlement: using the coefficient of volume compressibility (mv) or the void ratio-effective stress (e-log'v) relationship. Practical applications include using prefabricated vertical drains to accelerate consolidation in clay soils.
Trading has changed from local to global and so have the processes from paper to Online. The result is change in process from T+3 to T+1 and real time trading and settlement of a trade.
The document discusses asset accounting in SAP, including:
- Asset accounting is a subsidiary ledger of financial accounting that updates general ledger accounts.
- Asset classes are used to group assets, assign accounts and default values, and structure assets for reporting.
- Charts of depreciation define depreciation areas for book, tax, and other purposes across asset classes.
- Master data includes creating asset records via asset classes or copying, and time-dependent assignments.
- Asset acquisitions can integrate with accounts payable/receivable or use a clearing account.
Payment and Settlement Systems(SWIFT,NEFT and Securities Cycle)Savita Marwal
油
Here are the key steps in creating offerings as part of bringing offerings to market in the payment processing flow:
1. Customer offerings strategy and planning: Define the strategy including pricing, targets, volumes, features and services including payment functionalities.
2. Customer offerings policies and methodologies: Develop policies and methodologies to support the offerings strategy.
3. Customer offerings relationships and management: Manage relationships with relevant stakeholders as part of bringing the offerings to market.
4. Customer offerings performance management: Establish performance management processes to track outcomes of the offerings.
5. Customer offerings people management: Manage resources required to create and bring offerings to market.
6. Customer offerings design, build and run enablement: