Localization Venezuela for Dynamics 365 Business Central

The Venezuela Localization, developed by LLB Solutions for Microsoft Dynamics 365 Business Central, enables users to comply with tax and accounting requirements, as well as with the specific laws and regulations of Venezuela.

This localization app is available for companies with economic activity in Venezuela, both local and international.

The Venezuela Localization for Dynamics 365 Business Central allows you to:

· Comply with SENIAT guidelines and fiscal and accounting obligations.

· Adapt accounting and tax functionalities in accordance with Venezuelan legislation.

· Access functional, technical, and localization training.

· Receive comprehensive training on best practices in Dynamics 365 Business Central and benefit from ongoing support during data migration and go-live.

· Adjust terminology by region across the different standard Dynamics modules.

Taxes

· VAT with differentiated rates and exemptions.

· Alcohol and alcoholic beverages tax (IAEA).

· VAT withholdings.

· Income tax withholdings.

· Municipal tax withholdings.

· IGTF perception.

General

· Tax identification fields.

· Types of identification documents.

· Sequential numbering control for generated documents.

· Foreign trade fields.

· Purchase and sales debit notes.

· Payment notices.

· Pro forma invoice.

· Withholding certificates.

Reports

· Sales ledger.

· Purchase ledger.

· Supplier withholding report.

· VAT withholdings in TXT format.

· Income tax withholdings in XML format (monthly).

· Withholding certificates.

· Balance sheet.

· Income statement.

· Income tax return report.

Compatible Editions

· Dynamics 365 Business Central Essential and Premium editions.

Supported Countries

· North America- LLB Solution LATAM Localization.

Supported Languages

· English (United States), Spanish (Spain), and Spanish (Mexico).