Alfasi Consulting is the only company that offers an Israeli localization for JD Edwards EnterpriseOne registered with the Israel Tax Authority.
These Israeli Localizations are fully integrated with the J.D. Edwards EnterpriseOne base software so that they have the look and feel of JD Edwards EnterpriseOne. This is vital to enhancing a global enterprise’s ability to support common global business processes with minimal impact from the localization applications.
We are pleased to announce that JD Edwards EnterpriseOne versions 9.1 and 9.2 have been approved and registered by the Israel Tax Authority. The registration is for the entire ERP system, based on the localization created by Alfasi.
The following provides a sample of functionality included with the JD Edwards EnterpriseOne Localizations for Israel.
Withholding Tax Processing
- Maintenance of Withholding Groups and Rates for Israeli Suppliers
- Automatic calculation of withholding based on gross amount at time of payment
- Interface to Sha’am Bookkeeping and Withholding Certificate Information
- Form 856 –Withholding Reporting
- Supplier Annual Letter
- Witholding Control Reports
VAT Processing
- Import/Export Invoice and Date Extensions
- Self Invoice Processing
- Pro-forma and Tax Invoice Processing
- Form 874 – VAT Withholding
- Tax ID Validation
Israeli Legal Documents
- VAT Forms
- Withholding Forms/Interface files
- Open Format Audit files
- Debit Memo Print
- Delivery Note Print
- A/R Receipt Print
- Purchase Order Receipt for Goods Print
- Form 6111 – Reporting Capability
- Sequential and Gapless Document Numbering
- Original and Copy Reporting
Standard Israeli Business Practices
- Future-Dated Check Processing
- Masaav Interface
- PO Linkage
- Hebrew Check printing
- Exchange Rate Interface to Bank of Israel
Oracle JD Edwards EnterpriseOne is an ERP solution comprised of three software layers that together support companies’ global business needs. The underlying tools layer provides a technical foundation to configure different global standards such as decimal and date formats, address formats, and language preference by user. The base application software allows users to configure global functionality in areas such as payment and receipt processing, tax processing, depreciation methods, hyperinflationary accounting, fiscal reports, and statutory chart of accounts. The third layer of software, Localizations, addresses country specific statutory and country specific common business practice requirements.
The Issue: Why Do Companies Care About Israeli Localizations?
Many organizations are expanding operations outside the borders of their home country and have discovered the value of having Israeli subsidiary organizations. However, to legally operate, they must incorporate Israeli specific business practices into their companies’ daily business transactions and operations. It is mandatory to comply with the Israeli specific legal requirements. Non-adherence to these rules and regulations may lead to severe consequences for a company.
Israeli Localization for JD Edwards
The Israeli Localization for JD Edwards supports current and future business needs. With more than ten years’ experience developing and supporting localizations for countries around the world and using the same techniques and authorized interfaces and procedures, Palazzo Inc. and Alfasi developed a specific Israeli localization for the JD Edwards EnterpriseOne. The localization is seamlessly integrated into the base software system so that it has the look and feel of JD Edwards EnterpriseOne. The Israeli localizations are fully supported by Alfasi and Palazzo, adhere to Oracle software standards and will be certified via the Oracle Validated Integration program.
JD Edwards EnterpriseOne Israeli Localizations are fully integrated with the J.D. Edwards EnterpriseOne base software which ensures that the required processing and systems will coexist with other localizations. Companies can operate in multiple countries in a single instance. JD Edwards EnterpriseOne Israeli Localizations are a long term investment.
Legislative updates for localizations are release independent and delivered as needed. This enables companies to comply with changing laws and meet the governments’ legal effective dates. When companies are ready to migrate to a most current release upgrade paths will be provided.