Introducing SMART Localization for Azerbaijan, a SaaS product that extends the basic functionality of Business Central to automate common tasks related to the activities and management of an enterprise in the Republic of Azerbaijan and is fully tailored to meet the local regulatory requirements.
SMART Localization for Azerbaijan is based on Microsoft Dynamics 365 Business Central and is developed with the consideration of the local accounting peculiarities and legal requirements. It contains a maximum possible set of functions required for accounting in Azerbaijan.
How does it work?
The solution enables the creation of highly automated, easily manageable, and transparent accounting, reporting, and financial management processes within the system. It proves to be beneficial for a wide range of entities, including government and commercial enterprises, both VAT payers and exempted companies, as well as production and financial sector businesses (such as banks and insurance companies) operating under the legislation of the Republic of Azerbaijan.
SMART Localization for Azerbaijan provides the following benefits:
- System configuration flexibility
- Business process automation
- Control of operations and minimizing user errors
- Compliance with the requirements of legislation of the Republic of Azerbaijan
- Compliance with the local accounting practices
- Flexible operational reporting
- Preset ready-to-use configurations
- Constant enhancements based on customer feedback
List of key capabilities:
- Setup for the official Chart of Accounts by the Ministry of Finance of the Republic of Azerbaijan and financial setup for accounting in Azerbaijan
- Finance, Sales, Purchase, Inventory, Manufacturing modules adaptation for accounting in Azerbaijan
- Contracts management based on basic requirements for contractual relationships between vendor and customers
- Capability of currency exchange rates import from the Central Bank of Azerbaijan
- Generation of printed forms stipulated by the legislation of the Republic of Azerbaijan
- Tax management and tax reporting in Azerbaijan, Income tax, VAT, Witholding Tax, Tax at source, Property tax, Pension tax
- Regulated reporting
- Internet banking, integration with banks
- Arrangement of business trips in line with the local requirements
- Localized interface
The solution is fully compatible with the previously released SMART Payroll, a solution based on Microsoft Dynamics 365 Business Central for HR and Payroll processes complying with the current labor standards of Azerbaijan, fully adapted to local requirements of tax legislation.
Desktop view of the main role center
Purchase invoice with local vendor including VAT amount
Request page for Regulated reporting on Income tax and Pension tax
Printed forms:
SMART Localization for Azerbaijan automates tasks related to the operation and management of an enterprise, taking into account the peculiarities of local accounting and the requirements of the legislation of the Republic of Azerbaijan. The product is already available on AppSource: appsource.microsoft.com
Have additional questions about SMART Localization for Azerbaijan? Contact us: sales@smart-it.com
