VAT & E-Invoicing Localization for Korea (Finance and Operation)

Korean E-invoicing and VAT Filing

Solution overview

Korea localization provides VAT data download functionalities and electronic tax invoicing features within Microsoft Dynamics 365 Finance & Operations.

Utilizing the Korean VAT pack ensures that detailed tax codes and transaction information for all sales and purchase activities are recorded for Korean VAT reporting, enabling Finance users to efficiently extract VAT reporting data each quarter.

Why choose DEEX Korea Localization Pack?

• Users can issue electronic tax invoices within Dynamics 365 based on mutually agreed conditions with customers. These invoices can be automatically transmitted to the National Tax Service, enhancing work efficiency for finance users by enabling effective tracking of the source data for issued tax invoices.

• Users can easily file a VAT report with the National Tax Service by downloading the necessary VAT reporting file.

• DEEX Korea promptly and accurately distributes latest localization source code to customers in response to changes in Korean tax law requirements. Additionally, it provides timely updates and guidance on user operations in accordance with tax reporting deadlines.

• In conjunction with sales and purchase processes in Dynamics 365, it is possible to achieve a seamless business workflow, including integration with e-tax invoicing to VAT filing.