An E-Invoice Integration in Dynamics 365 for Finance and Operations (D365 FO)

An E-Invoice Integration in Dynamics 365 for Finance and Operations (D365 FO)

An E-Invoice Integration in Dynamics 365 for Finance and Operation (D365 FO) can streamline the invoicing process, improve accuracy, and enhance data management. Here is an overview of how E-Invoice integration works in D365 FO:

Data Collection: The integration starts with collecting invoicing data from various sources, such as purchase orders, sales orders, or directly from suppliers. This data is then transferred to the D365 FO system.

Data Validation: The collected data is validated to ensure its accuracy and completeness. This step involves checking if all required fields are filled, and if the data conforms to the required format.

Data Mapping: The data is mapped to the appropriate fields in D365 FO to ensure that the information is stored in the correct format. This step is crucial to ensure that the data is properly stored and accessible for later use.

E-Invoice Generation: The E-Invoice is generated based on the data stored in D365 FO. This step involves formatting the data according to the specific requirements of the E-Invoice standard and generating the E-Invoice document.

E-Invoice Transmission: The E-Invoice is then transmitted to the relevant parties, such as the supplier, the government, or the customer. This step involves sending the E-Invoice document electronically via a secure channel.

E-Invoice Processing: Upon receipt, the E-Invoice is processed by the relevant parties. This step involves verifying the E-Invoice, making any necessary changes, and approving or rejecting the invoice.

Data Updates: Upon processing, the E-Invoice data is updated in D365 FO, and the relevant financial transactions are recorded. This step ensures that the invoicing process is complete and that the financial data is up to date.

In conclusion, the integration of E-Invoicing in D365 FO provides many benefits, including increased efficiency, improved data management, and reduced errors. With this integration, companies can streamline their invoicing processes and improve their financial management.

Contact Us to implement the E-Invoice and customize Vietnam Accountant Standard Package and more:

About our team: Our team is composed of software development and analysis experts who have worked both domestically and internationally:

• Nghia Song (Mr.) - Senior Technical Consultant. With over 6 years of experience in implementing ERP and integration projects.

• Jack Do (Mr.) - Senior Customer Service. An expert in ERP software support and error handling.

• Jone Nguyen (Mr.) - Senior Technical Consultant. With practical experience in 25 E-invoice projects with software systems of businesses both domestically and internationally.

• Lisa Doan (Ms.) – Financial Consultant. A consultant specializing in accounting on Dynamics 365 FO and consolidated accounting systems.

Hotline: +84 967 324 794 - Nghia Song
Email: nghia@songnghia.com