Localization for Singapore

Are you doing business in Singapore which require you to comply with Goods and Service Tax (GST) standards, GST reporting and GST returns?

All GST-registered companies in Singapore are required to meet the GST compliance. Manually preparing and calculating GST figures and reports is a time-consuming and daunting task. The manual process is error-prone as well. Any non-compliance or errors would cost you more resources and time in rectification and even incur financial penalty.

Singapore Localization for Microsoft Dynamics 365 Business Central is designed to meet the local GST and reporting requirements of Singapore. The localization App allows you to set up and automate GST-related calculations for sales, purchasing and fixed assets. Once configured, GST figures will be calculated, recorded and reflected on respective documents. GST entries will be linked to the relevant General Ledger accounts.

Key Functions

• GST Posting Group
• GST Reporting & Statement
• Document print with GST shown in SGD figures even though invoices are in other currencies
• File generation for IRAS GST return submission

Benefits

• System generated GST input and GST output files
• Accuracy in GST figures
• Detailed report and document available for cross-checking
• Reduce risks of incurring penalties on errors made
• Time and resource saving in manual preparation

Supported Editions

• This app supports both the Essential and Premium edition of Microsoft Dynamics 365 Business Central.

Supported Country

• This app is available in Singapore.

Click the “Contact me” button and get in touch with our team for enquiry or more information.