Tax and Accounting FP2026.09.04 for SAP Business One: What’s New in the Release

Partners, we are pleased to announce the release of the new Tax and Accounting FP2026.09.04 add-on for SAP Business One by Best-Run Consulting, which includes a number of important enhancements for accounting and tax reporting.

The update focuses on improving the accuracy of foreign exchange difference calculations, providing more detailed accounting entries, enhancing advance expense reports, and automating data generation for electronic tax reporting.

What’s New in Tax and Accounting FP2026.09.04

New Algorithm for Calculating Foreign Exchange Differences on Foreign Currency Accounts

The “Foreign Exchange Differences on Foreign Currency Accounts” process has been updated with a new algorithm for calculating and posting foreign exchange differences for accounts of the “Business Partner Accounts” type.

Foreign exchange differences are now calculated separately for each document that has an outstanding balance as of the selected date, rather than being calculated collectively for the business partner.

The system also creates a separate accounting entry for the foreign exchange difference associated with each relevant document.

This enables businesses to:

• improve the accuracy of foreign exchange difference calculations;
• provide a more detailed view of foreign currency receivables and payables at the individual document level;
• simplify the review and control of accounting entries;
• identify the source of a foreign exchange difference more quickly;
• improve the transparency of foreign currency transaction accounting.

This enhancement is particularly important for companies with a high volume of foreign currency transactions and a large number of documents involving the same business partner.

Detailed Foreign Exchange Differences in the “Outgoing Payments” Document

The mechanism for calculating and posting foreign exchange differences in the “Outgoing Payments” document has also been updated.

When a payment is based on multiple documents, the accounting entry will now display the foreign exchange difference for each underlying document as a separate line.

Key benefits of the new functionality include:

• greater detail in accounting entries;
• simplified control of foreign currency payments;
• faster reconciliation of payments with the underlying documents;
• more convenient analysis of foreign exchange differences;
• fewer manual checks required by accountants.

As a result, foreign exchange difference information becomes more transparent and easier to analyze.

Improved Balance Calculation in the “Advance Expense Report” Document

The “Advance Expense Report” document now includes an improved mechanism for calculating outstanding balances at the beginning and end of the reporting period.

This provides a more accurate representation of accountable funds and simplifies the control of settlements with employees.

The updated functionality helps businesses:

• monitor employee advances and outstanding balances more efficiently;
• obtain accurate opening and closing balances for the reporting period;
• reduce the number of manual operations;
• minimize the risk of errors when preparing advance expense reports;
• improve the transparency of employee settlements.

In addition, the printed form of the “Advance Expense Report” document has been updated, making the generated document more convenient to use within the company’s accounting processes.

Updated XML Generation for Tax Invoices

Changes have also been made to the mechanism for generating the XML file from a “Tax Invoice” document created for a deemed sale transaction.

If the “Customs Declaration No.” and “Customs Declaration Date” fields contain customs declaration data, the system will now automatically add the customs declaration number and date to the name of the corresponding item or service when generating the XML file.

The new mechanism provides:

• automatic transfer of customs declaration data;
• reduced need for manual data correction;
• lower risk of errors when generating XML files;
• more accurate generation of electronic tax documents;
• faster processing of tax invoices by the accounting department.

This is particularly relevant for companies that work with imported goods and regularly perform transactions associated with customs declarations.

Business Benefits

The new Tax and Accounting FP2026.09.04 release helps companies:

• improve the accuracy of foreign exchange difference calculations;
• provide more detailed accounting entries for foreign currency transactions;
• simplify control over business partner balances;
• automate work with advance expense reports;
• reduce the number of manual accounting operations;
• minimize the risk of errors when generating tax documents;
• improve the transparency of financial and tax accounting.

Conclusion

The Tax and Accounting FP2026.09.04 release for SAP Business One continues the development of localized functionality for Ukrainian businesses.

The update focuses primarily on greater transparency of foreign currency transactions, improved accuracy of accounting entries, and automation of financial and tax document processing.

The new capabilities will be particularly valuable for companies that actively work with foreign currencies, manage a significant volume of settlements with business partners, conduct import operations, or use SAP Business One as their primary financial and accounting system.

Timely localization updates enable companies not only to benefit from new system capabilities but also to keep their ERP environment aligned with current Ukrainian accounting requirements and practices.

Why DIGITAL BUSINESS SOLUTIONS

DIGITAL BUSINESS SOLUTIONS is a team of experts specializing in SAP Business One implementation in Ukraine, helping businesses automate finance, accounting and tax processes, production, logistics, sales, and management reporting.

We offer:

• end-to-end SAP Business One implementation;
• configuration of Ukrainian localization and Tax and Accounting;
• SAP Business One upgrades and adaptations to meet specific business requirements;
• implementation of SAP Analytics Cloud for business analytics;
• ERP integration with CRM, e-Commerce, and external services;
• data migration from other accounting and ERP systems;
• SAP Business One user training and support;
• expert assistance throughout all stages of digital transformation.

By choosing DIGITAL BUSINESS SOLUTIONS, you get more than an ERP system – you gain a technology partner that helps automate accounting, increase business process transparency, reduce manual operations, and enable effective business management based on reliable data.