Microsoft Dynamics 365 Finance and Operations available for Portugal
July 17th, 2024
Hydra iT is pleased to announce the availability of the Portuguese localization for Microsoft Dynamics 365 Finance and Operations, the cloud-based enterprise resource planning (ERP) solution that helps businesses streamline their financial and operational processes. This add-on will enable companies wishing to do business in Portugal to comply with the local tax, accounting, and reporting requirements and communicate with their customers and suppliers in Portuguese.
The Portuguese localization for Dynamics 365 Finance and Operations has been developed by Hydra, a Microsoft Partner with extensive experience in providing ERP solutions for the Portuguese market. The localization add-on covers a set of features that are essential for doing business in Portugal, such as:
- SAF-T: Standard Audit File for Tax Purposes, a mandatory electronic file containing accounting and tax information to be submitted to the Portuguese tax authorities monthly or annually.
- ATCUD: Document Unique Code, a new requirement that mandates that all invoices and other tax-relevant documents must include a unique code generated by the tax authority's web service.
- QR Code: A two-dimensional barcode that contains the ATCUD and other information about the document, which must be printed on the document and can be scanned by the tax authority or the customers for verification.
With these features, businesses can ensure that their invoices and documents comply with the latest Portuguese regulations, avoid penalties and fines, and reduce the risk of tax audits.
Microsoft Dynamics 365 Finance and Operations is a comprehensive ERP solution that integrates with other Microsoft products, such as Office 365, Power BI, and Azure, to provide a unified and intelligent platform for business growth. With Dynamics 365 Finance and Operations, businesses can:
- Manage their finances, inventory, supply chain, manufacturing, and projects with real-time data and insights;
- Optimize their operations with predictive analytics, artificial intelligence, and automation;
- Adapt to changing business needs with flexible and scalable cloud deployment options;
- Empower their employees with role-based workspaces, mobile access, and collaboration tools;
- Enhance their customer satisfaction and loyalty with personalized and omnichannel experiences.
If you wish to know more please contact your local Microsoft Partner in your local country or reach us through: infogeral@hydra.pt
(Tax Authority certificate number 3040)