In Thailand VAT is realized at different times depending on the type of item/service. When VAT is realized a Tax Invoice must be printed. For Goods, VAT is realized at the time of Delivered or Received Goods. For Services VAT is realized at the time of Payment or Receipt. The application handles the realization of VAT and associated printing of the Tax Invoices and VAT reports.
Functionality has been created to handle Withholding Tax in Thailand. Tax is withheld on certain services at different percentages as specified by the tax authorities. Vendor and G/L Accounts can all be setup so as have WHT applied to them.
Learn more about us here www.avision.co.th
This app supports both the Essential and Premium editions of Microsoft Dynamics 365 Business Central.
This app is available in Thailand.