Success Story
Scaling Local Compliance for a Global Manufacturing Leader
How Song Nghia localized Dynamics 365 Business Central for a Tier-1 FDI firm in Vietnam.
The Client
A European-based manufacturing leader with a newly established factory in Binh Duong, Vietnam. While their global operations ran on a highly customized Business Central environment, their local finance team struggled to meet Vietnam's strict regulatory demands.
The Challenges
- Audit Risk: Financial reports were being generated in Excel, leading to discrepancies with the General Ledger.
- Manual Workload: The accounting team spent 40+ hours a month manually re-entering invoices into the local tax portal.
- HQ Consolidation: Headquarters couldn't see real-time local tax liabilities, causing delays in global financial closing.
The Solution by Song Nghia
Localized Implementation
We implemented a Dual-Layer Reporting System within their existing Business Central tenant:
- VAS Localization: Configured a Circular 200 compliant Chart of Accounts mapped to their Global COA via Dimensions.
- API Automation: Deployed our proprietary E-Invoicing connector to sync directly with local tax authorities.
- FCT Automation: Automated the withholding tax calculations for cross-border royalty payments.
The Impact
95%
Reduction in Manual Entry
< 2 Mins
To Issue an E-Invoice
100%
VAS Audit Compliance
Real-time
HQ Visibility
Ready to Localize Your Vietnam Operations?
Don't let local compliance slow down your global growth. Partner with Song Nghia to build a compliant, automated, and high-performing Business Central environment in Vietnam.
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