VAT feature in Dynamics 365 Business Central for UAE region


Business Central VAT features

Businesses in UAE requires enterprise resource planning software that manages all aspects of business including purchasing, manufacturing, sales, distribution, accounting and customer service. Small business especially have objective of optimizing business process and financial information.

With the advent of cloud enterprise business solutions, SMBs can now easily access the full functionalities at a sensible price range. Dynamics 365 Business Central is one such enterprise business solution that provides more innovative and sophisticated ways for businesses to streamline the financial processes and manage operations better.

When talking about finances, companies in UAE often look for an enterprise solution which has VAT functionality. Business in UAE can take advantage of Business Central’s standard sales tax functionality for documenting their business income, costs, and associated VAT charges.

Business Central meets majority of the legislative requirements of the UAE VAT law. To align the UAE VAT localization with UAE requirements for VAT reporting, Microsoft has added following country-specific enhancements to meet local requirement. Here’s what the official documentation states about standard sales functionality-

  • The legal entity configuration is enhanced with additional fields that are required for VAT reporting in UAE

  • VAT reverse charge functionality- for correctly recording taxable domestic operations in the UAE (ARE country/region context) and Gulf Cooperation Council (GCC) territory.

  • Country-specific printout layouts for sales invoices and credit notes for the UAE. These layouts include additional columns and VAT summary information.

  • Bilingual (Arabic and English) printable sales invoices and credit notes for the user interface (UI).

  • Being printable in electronic format the VAT return declaration report can be directly uploaded to the FTA e-Tax portal.

  • Standard audit file functionality has been shared with the UAE local functionality. Hence, the FTA VAT audit file (FAF) that is required by FTA can be exported to the CSV file format.

Not only VAT but Business Central helps the businesses in managing books of accounts, accounts payable, accounts receivable, billing, financial reporting, order management, inventory management and much more at the same time.


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