opentaps Open Source ERP + CRM Targets Europe, Latin America with VAT Support and Translations

European and Latin American companies looking for a fully-featured, low cost, and flexible business management system can now leverage the power of opentaps Open Source ERP + CRM, which now offers improved support for Value Added Taxes (VAT) and Spanish translations. These enhancements make it easier than ever before for companies in these regions to use opentaps as an alternative to expensive, inflexible, or outdated commercial ERP or CRM systems.

Originally introduced in the United States in 2005, opentaps has seen strong interest worldwide, especially in emerging economic powerhouses such as India and China. With the growing adoption of opentaps, new contributors from around the world have joined the project to help fix bugs, add new features, or translate it to their local languages.

Two significant contributions from the opentaps community now position opentaps for further growth in Europe and Latin America: a new module for Value Added Taxes (VAT) and translations to Spanish.

The new VAT module is developed by Italy-based opentaps Partner Integrating Web Srl to support VAT taxation, an alternative to the flat rate sales tax mechanism in the United States. Used in Europe, the United Kingdom, and Latin America, VAT is a tax based on the difference of sales and purchases by a company. Integrating Web’s VAT module for opentaps helps companies manage VAT for sales orders, purchase orders and invoice with new screens, reports, and general ledger support.

Separately, an independent developer in Peru, Stalyn Chavez, contributed a full set of Spanish translations for the Customer Relationship Management, Warehouse, Purchasing, and Financials modules while implementing opentaps for a local company. This translation adds to the many languages to which opentaps has already been translated, including French, Italian, Chinese, and Bulgarian.

“Taken together, the addition of VAT support and Spanish translations should open all of Europe and Latin America to using our open source ERP and CRM system,” notes Si Chen, project manager of opentaps.

Founded in 2005, opentaps has been used by companies that include Fortune 500, major internet retailers, midsize manufacturers, and small startup companies. For additional information about opentaps and learn more about how to start Open Source ERP and CRM in the cloud, see www.opentaps.org/cloud