Budgets can be allocated to ledger accounts and distributed across the periods of the fiscal year. This can be done linearly, based on the realized figures from the previous year, or according to BCO working days. Cost centers can be utilized in the distribution process.

We purchase materials and products not only in the Netherlands but also abroad. It makes a difference whether you are dealing with an EU country or a non-EU country. This mainly concerns the administrative handling of VAT. Read here how to book an EU purchase invoice in MKG.

In addition to the standard rate of 21% and the reduced rate of 9%, VAT also includes a 0% rate. Financial services and insurance are exempt from VAT and fall under this latter rate. In this article, you will learn how to book an insurance purchase invoice.

A manual purchase invoice is a purchase invoice that you do not receive on a registered purchase order in MKG. These are, for example, the costs incurred for the purchase of tools or the maintenance of machines. But also consider purchases for the canteen or the insurance premium.

An invoice you receive for outsourcing is a procedural purchase invoice. This arises from creating a purchase order through the purchase order process. MKG collects these invoices in the Invoice List. In this article, you will learn how to book a purchase invoice for outsourcing.

The procedural purchase invoice arises from creating a purchase order through the purchase order process. MKG collects these invoices in the Invoice List. In this article, you will learn how to book a procedural purchase invoice in MKG.

The standard dashboard 'Hours Analysis' displays the hours for a specified time period. You can create breakdowns by department, hour type, operation, and employee. This dashboard also includes, among other things, a summary of man-hours and machine hours.

The standard dashboard 'Order List Financial (WIP)' provides insight into the financial progress of ongoing orders. It displays the current sales orders and their associated financial values along with the linked production orders. The dashboard can be executed for a specific period.

While we strive for digital time registration whenever possible, it is also possible to manually process hours in MKG. No software extensions are required for this, and employees do not need to perform additional actions. All you need is access to MKG with an office license. In this article, you will learn how to set up manual time registration and what the content of the Time Registration module exactly means.