SMART Core Localization for Cyprus
oleh SMART business LLC
Accounting and tax accounting that complies with local standards and legal requirements of Cyprus
SMART Core Localization for Cyprus extends the core functionality of Business Central to automate common tasks related to business operations and management in Cyprus. The solution is developed in compliance with local accounting practices and legal requirements.
The primary goal is to automate the recalculations and adjustments of VAT transactions based on the customs exchange rates in accordance with legal requirements, as well as to facilitate the generation of VAT declarations.
Functionality:
Import of exchange rates from the European Central Bank
Pre-configured chart of accounts and accounting policy
Possibility of integration with banks
Recalculation of VAT entries at the customs rate
Generation of a VAT declaration
Benefits:
Diverse functionality and flexibility of the system
Process automation
Increased business productivity
Compliance with the requirements of Cyprus legislation
Flexible operational reporting
Pre-installed ready-to-use VAT declaration
Continuous improvements based on customer feedback
