About Vietnam Localization package for Dynamics 365 FO - Song Nghia - Microsoft Dynamics Partner

Song Nghia - Microsoft Dynamics Partner

Song Nghia - Microsoft Dynamics Partner

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Friday, February 10, 2023

About Vietnam Localization package for Dynamics 365 FO

 About Vietnam Localization package for Dynamics 365 FO


Vietnam Localization Package for Dynamics 365 Finance and Operations (D365 FO) is a solution developed to help businesses operating in Vietnam to streamline their financial and operations processes. This solution enables organizations to comply with the local tax laws, accounting standards, and regulations of Vietnam.

D365 FO is a cloud-based enterprise resource planning (ERP) solution that offers end-to-end business processes across various functional areas such as finance, procurement, supply chain, and operations. The Vietnam Localization Package expands the capabilities of D365 FO to cater to the specific requirements of businesses operating in Vietnam.

The Vietnam Localization Package includes a set of standard configurations, customizations, and reports that are required to comply with the local regulations. It covers the following key areas:

Financial Management: This includes chart of accounts, general ledger, cash management, bank reconciliation, and financial reporting. The package ensures that the financial information is recorded and reported as per the Vietnamese accounting standards.

Tax Management: The package includes tax codes, tax groups, and tax calculation rules for value-added tax (VAT), withholding tax, and other local taxes. It enables businesses to accurately calculate and report taxes as per the local regulations.

Payroll and Employee Management: The package includes payroll configuration and employee master data, which helps businesses to manage payroll, taxes, and other employee-related information.

Procurement and Supply Chain Management: This includes purchase order processing, vendor management, inventory management, and supply chain reporting. The package ensures that the procurement and supply chain processes are in line with the local regulations and standards.

The Vietnam Localization Package for D365 FO helps businesses to simplify and automate their financial and operations processes, which reduces the manual effort and errors. It enables businesses to comply with the local regulations, thereby reducing the risk of non-compliance and financial penalties.

In conclusion, the Vietnam Localization Package for Dynamics 365 Finance and Operations is a must-have solution for businesses operating in Vietnam. It offers a single, integrated solution for financial management, tax management, payroll and employee management, procurement and supply chain management, and reporting. It helps businesses to streamline their processes, reduce manual effort, and ensure compliance with local regulations.

Contact Us to implement the E-Invoice and customize Vietnam Accountant Standard Package and more:
About our team: Our team is composed of software development and analysis experts who have worked both domestically and internationally:
• Nghia Song (Mr.) - Senior Technical ConsultantWith over 6 years of experience in implementing ERP and integration projects.
• Jack Do (Mr.) - Senior Customer ServiceAn expert in ERP software support and error handling.
• Jone Nguyen (Mr.) - Senior Technical ConsultantWith practical experience in 25 E-invoice projects with software systems of businesses both domestically and internationally.
• Lisa Doan (Ms.) – Financial Consultant. A consultant specializing in accounting on Dynamics 365 FO and consolidated accounting systems.
Hotline+84 967 324 794 - Nghia Song
Email: nghia@songnghia.com

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