In the New Year – with a new cash register!

According to the changes in the legislation of the Russian Federation, by the end of this year all trading companies need to update the software of their cash registers.

From January 1, 2019, important changes will take place that directly affect the operation of the cash register software:

• the VAT rate will be increased from 18% to 20%;
• the transition from the format of fiscal documents (FFD) version 1.0 to version 1.05 will take place;
• a number of details in the receipts will change.

Comments Lyubov Rybakova, CEO of Luxe Retail: "The upcoming changes entail the need to update the software for everyone who sells goods and services and uses online cash registers to transmit information about financial transactions via the Internet to the operator of fiscal data, which, in turn, he sends them to the Federal Tax Service. In the field of trade, everyone will have to update the software, whether it is an individual entrepreneur who owns a couple of stalls, a regional grocery retailer or a federal chain of fashion stores. According to some estimates, in general, it is necessary to change the firmware of almost three million cash registers in the country.

This is a rather time-consuming and intense process, so the company Luxe Retail recommends that trade organizations take up the issue as soon as possible. The closer to the New Year, the more willing there will be to reflect the new requirements of the legislation at the last moment and the more difficult it will be to do it and avoid penalties.

Luxe Retail draws the attention of retailers who use cash register equipment and software products of the leading domestic manufacturer –group of companies «Barcode» – to the fact that the right to update the software «Bar-M» have only certified service centers. The company Luxe Retail is among them and officially conducts the upgrade procedure according to the manufacturer's regulations. The company offers retailers to take advantage of the opportunities of specialists who are certified to provide these services and have the necessary competencies and experience.

The software update technology has some features. In particular, the new version of the software is encrypted and generated for a specific factory number and model of the cash register. This means that a certain "firmware" only works on a certain cash register.

The replacement of software by qualified specialists Luxe Retail will ensure the automatic transition of the sales offices of trading companies to the VAT rate of 20% from 00:00 on January 1, 2019, the use of the correct format of fiscal documents and the correct printing of the details of the receipt.

"If you update in a timely and high-quality manner, then you will meet the holiday in a good mood, and the New Year holidays for you and your colleagues will pass without unnecessary hassle, because your company's stores will work in full compliance with the law," Lyubov Rybakova is sure.

Photo: Luxe Retail