LATAM localization fits the legal standars of Chile, including accounting and tax legislation
Chilean and LATAM localization
The main objective of Artware was to achieve a broad Latin American localization, which could contain not only the requests of a specific country, but all the countries in the region. To make this possible we have started based on the experience with other products, and on the native advantages and functionality offered by Microsoft Dynamics 365 for Finance and Operations.
The Chilean Localization module, fully integrated with Microsoft Dynamics 365 for Finance and Operations, ensures:
- The correct system operation in each country without affecting AX performance
- Increasing business productivity
- Reduces training times in functionality and system use
The Localization has been developed to allow the detail configuration of each business process in order to minimize the re-work and users mistakes.
The Chilean localization is divided in two main functionalities: Legal-Tax and Treasury:
The Legal-Tax location is related to the registration and maintenance of legal data requirements, legal reports and the information to be sent to Fiscal Authorities through applications required by regulations.
The location of Treasury/Withholdings provides the ability to manage different methods of payments in a single transaction, covering a wide variety of treasury circuits.
How was the Localization for Chile and the rest of Latin America developed?
- Designed, developed and tested entirely by Artware. Thought as a whole from scratch and not as parts of different providers that overlapped.
- Built entirely in X + + (D365FO native language)
- Compatibility with Microsoft GLS layer that contains Mexico and Brazil localizations, in order to allow the coverage of all Latin American countries in only one instance, from Mexico to Argentina.
- Allowing the activation of each functionality by company, In order to grant, again the coexistence of different countries in a single instance of D365FO.
- Regional design based on experience of previous AW location team on a different platform that covers:
- Shared functionality.
- Focus on solving local legal and taxes mechanisms and calculation.
- Focus on configurable functionality.
- Holistic of taxes, books and magnetic media approaches based on Tax Listing and configurable display formats.
We are a management consulting and technology services organization dedicated to implement ERP and CRM solutions, based on Microsoft Dynamics platform.
For more than 25 years we have supported our customers in the challenge of reaching their full potential.
Contact Artware: +54 11 5368 1000