Who should attend and why?

Any company that starts or continues operations in Russia faces many challenges related to specifics of the Russian accounting and tax reporting. There are many “recommended” aspects that should be strictly followed.

With over 18 years within financial automation and IFRS reporting in Microsoft Dynamics NAV and Dynamics 365 Business Central, Awara IT offers a tailored training that will help key team members understand basic specifics of the Russian accounting in Microsoft Dynamics 365 Business Central.

Agenda

Introduction, accounting and tax principles, and localization changes
General company information and addresses formats
Contractor details (VAT Registration No., KPP Code, OKPO Code, address, bank accounts)
Bank and cash – bank details, bank account statements import, cash orders approval, print forms, and operational reports
Currencies and rates adjustments and differences
VAT accounting – processing input VAT, VAT Reports (Book of Purchases, Book of Sales with additional sheets)
Agreements – register of agreements, counteragents operations within agreements, including payment schedules, price lists, credit limits
Responsible employees – registration of expense reports, commodities and materials purchase through responsible employees, balance control for every responsible employee, closing through bank, cash desk or salary payment
Custom declaration and how to handle import process
Inventory
Fixed assets documents and future expenses
Operational accounting reports
Tax and accounting reports

Deliverables

Understanding of Russian accounting and tax specifics
Understanding of “Financials” Russian localization NAV module specifics for reporting primarily

Normally this training is held online, via Skype for Business or any other convenient tool. To make sure your professionals get the most of this training, we recommend a brief introductory call beforehand.