Localizacion Nicaragua For Dynamics 365 Business Central

LLB Solutions has developed localizations for Microsoft Dynamics 365 Business Central in Latin America, specifically Nicaragua, with the aim of complying with tax regulations set by the DGI. This covers functionality and regulations for general accounting, fixed assets, inventory management, bank management, accounts receivable, accounts payable, and project management.

Nicaragua Localization is a functional add-on for Dynamics 365 Business Central that ensures compliance with specific laws and regulations not covered by the standard functionality.

The various functionalities and printed and electronic reports can be used by all international or national companies operating in Nicaragua, both in the private and public sectors.

The Nicaragua localization for Dynamics 365 Business Central will:

· Comply with DGI guidelines, fiscal and accounting obligations.

· Adapting accounting and tax functionality according to Nicaraguan legislation.

· Access to functional, technical, and localization training.

· Comprehensive training on best practices in Dynamics 365 Business Central. Continuous support during data migration and activation.

· Terminology adjustment according to the region in the different standard modules of Dynamics.

Taxes:

· Different VAT rates.

· Withholding taxes.

· Selective Consumption Tax (ISC).

· Retention certificate.

General:

· Legal Nature.

· Type of taxpayer.

· Tax classification.

· Debit notes for purchase and sale.

Reports

· Reports and declarations.

· Retention book.

· Selective Consumption Tax book.

· VAT book.

· Retention certificate.

· General ledger.

· Journal.

· Selective tax declaration.

Supported Editions: Essential and Premium editions of Dynamics 365 Business Central.

Supported Countries: Nicaragua

Supported Languages: English (United States), Spanish (Spain), and Spanish (Mexico).