VAT & WHT Localization for Thailand NA
by NaviWorld (Thailand) Co. Ltd.
Rapidly implement Thai accounting and VAT & WHT requirements in compliance with revenue department
Why Thai Financial Localization
Withholding Tax (WHT)
Much of the functionality required to be localized is centered around withholding tax, which is not natively supported by W1 version of Dynamics 365 Business Central. Withholding tax can be applicable to receivables and payables related transactions. Accordingly, these areas needed to be enhanced with customizations, additional setup areas were created, functionality to settle withholding tax was developed and statutory and statistical reports related to WHT have been provided.
Petty Cash Manager
Not actually functionally required by the Thai authorities but requested by most customers: A comfortable way to control and settle petty cash and purchase expenses in Dynamics 365 Business Central.
Tax Settlement
After having started to use NaviWorld withholding Tax settlement tools, customers wondered why such useful functionality wasn’t available for VAT in standard Dynamics 365 Business Central. This led us to the idea to calculate, approve and settle all taxes in one and the same form.
Revenue Declaration Reports
- WHT Certificate 50 BIS
- WHT Por Ngor Dor 3
- WHT Por Ngor Dor 53
Supporting Reports
- Stock Movement
- Sales VAT Report
- Purchase VAT Report
- Financial Analysis Report
Special Feature
- 2nd Description
- eTax Invoice/Receipt
- VAT Validation
- Automate Initial Setup
- Currency Exchange Service with BOT
- See More feature: https://github.com/NaviWorldTH/NWTHLOC
Supported Editions
This app supports the Essential and Premium editions of Dynamics 365 Business Central
Supported Countries
Canada