MKD Localization - Dynamics 365 for Finance and Operations

Microsoft Dynamics 365 for Finance and Operations is localized, translated, and supported by Microsoft and made generally available in most of the countries/regions around the world. In the countries where Microsoft does not provide a localized or translated version, Microsoft’s partners can make localizations of Microsoft Dynamics.

We are the first Microsoft partner in the Balkans to make Macedonian Localization of Microsoft Dynamics 365 For Finance and Operations applications.

Our Localization Solution is designed to work seamlessly with Microsoft Dynamics 365 for Finance and Operations to help the companies which have chosen Microsoft Dynamics to focus on achieving their business objectives operations in accordance with the laws, regulations, legal obligations and common business practices applicable to North Macedonia.

features

MKD Payroll Module

One of the most important features of MKD Localization is the Payroll Module (Плата МКД). We have created new module where the HR responsible can calculate salary to the employees. The module is aligned with Macedonian payroll legislative, contributions and taxes, and it is integrated with Human Resources module.

Macedonian Language

Microsoft Dynamics 365 for Finance and Operations’ users in North Macedonia will be able to use the system on Macedonian language. Every workspace, field and tab is translated to Macedonian, making it easier to handle their daily business transactions and operations.

VAT Validation & VAT Declaration

Dynamics 365 for Finance and Operations users will be empowered with functionality that validates if the VAT number format is valid and corresponding for MKD VAT numbers (Macedonian exempt number). Summarized monthly report for VAT obligation (DDV-04). VAT declaration is generated from the system automatically. The structure and format is in accordance with Macedonian VAT legislation.

Advanced Invoice Functionality

Ability to create an invoice for prepayments and tracking their status. Generating payment journal lines automatically and linking the prepayments received to advance invoices. Changing the VAT in posted prepayments and conversion into payments.

Integration with bank payments and bank statements

With Dynamics 365 for Finance and Operations Localization Package the users will gain the ability to connect with the Macedonian commercial bank in which their company owns Bank Account number, in order to be able to import and export bank payments as well as bank statements with Electronic Reporting.

Automatized currency exchange rate import from Macedonian National Bank

Extracting the currency exchange rate from NBRM to Dynamics 365 for Finance and Operations is now possible on a daily basis, having the possibility for making payments, exporting invoices, updating ledgers with the latest exchange rate for any currency.

Compliance with Macedonian laws and regulations

Dynamics 365 for Finance and Operations MKD localization package has incorporated regulatory requirements specific for North Macedonia, such as VAT/TAX, authority reporting, tax validations and other statutory requirements.

Additional functionalities

MKD Localization package contains local features for Dynamics 365 for Finance and Operations, e.g functionality that helps the business to improve productivity by adapting local best practices and processes that are not legally required

Interested in implementing Dynamics 365 FO enhanced with MKD localization package?