How to implement E-Invoice in Dynamics 365 FO in Vietnam

How to implement E-Invoice in Dynamics 365 FO in Vietnam

Implementing an E-Invoice system can greatly improve the efficiency of a business’s invoicing process. In Vietnam, the use of E-Invoicing is becoming increasingly popular, and many companies are turning to Dynamics 365 Finance and Operations (FO) as a platform to manage their invoicing processes.

Here’s how to implement an E-Invoice system in Dynamics 365 FO in Vietnam:

Preparation:

Before implementing the E-Invoice system, it’s important to gather the necessary information and materials. This includes the business’s tax code, business license, and information about the company’s invoicing process. Additionally, it’s important to choose a reliable vendor to help with the implementation process.

Configuration:

Once the necessary information and materials have been gathered, the next step is to configure the system. This includes setting up the company’s information, creating invoicing templates, and configuring the invoice approval process. It’s important to work closely with the vendor to ensure that the configuration is done accurately and efficiently.

Data Migration:

If the business is already using an invoicing system, it’s important to migrate all the data to the new E-Invoice system. This includes all the information about customers, suppliers, and invoices. It’s important to ensure that all data is migrated accurately to avoid any errors in the invoicing process.

Testing:

After the data migration, it’s important to test the system to ensure that everything is working correctly. This includes checking the invoicing templates, approval process, and generating test invoices. It’s important to work closely with the vendor to ensure that all the issues are resolved before going live.

Going Live:

Once the system has been thoroughly tested and all the issues have been resolved, it’s time to go live. The business can start using the E-Invoice system for all their invoicing needs, and all invoices will be generated and managed electronically.

In conclusion, implementing an E-Invoice system in Dynamics 365 FO in Vietnam is a straightforward process if you have the right information and support. With a reliable vendor and accurate configuration, businesses can expect to see significant improvements in their invoicing process, including increased efficiency, accuracy, and compliance with government 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 Consultant. With over 6 years of experience in implementing ERP and integration projects.

• Jack Do (Mr.) - Senior Customer Service. An expert in ERP software support and error handling.

• Jone Nguyen (Mr.) - Senior Technical Consultant. With 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