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Puerto Rico Localization for Dynamics 365 BCLocal tax and accounting compliance |
Product Verticals: All Industries
Business Processes: Accounting, Financial Management, Financial Reporting, Localization, Multicurrency, Reporting, SaaS, Tax Management
to support the accounting, tax, and reporting requirements set by the Departamento de Hacienda and the Sistema Unificado de Rentas Internas (SURI), automating fiscal processes without modifying the standard platform. The solution covers state and municipal IVU (sales and use tax) calculation and filing, income tax withholdings, Merchant Registration and taxpayer status management, and CRIM property-tax compliance, giving companies a single, centralized view of their Puerto Rico fiscal obligations inside Business Central. As a result, finance and tax teams get a fully compliant, audit-ready Business Central environment with less manual work — without needing separate spreadsheets or third-party tools to stay current with Hacienda and SURI requirements.
Fiscal Setup and Master Data
- Manage Merchant Registration, SURI-registered localities, and taxpayer identification and retention status.
- Maintain working papers for Serie 480 filings and configure IVU rates and treatments by validity period, with exemption and reseller certificate control.
IVU, SURI, and Compliance by Locality
- Calculate state and municipal IVU by jurisdiction and locality, including general and special or reduced rates.
- Calculate use tax, self-assessment on non-resident services, and IVU on imports and resale credit.
- Consolidate sales and IVU and prepare the Planilla Mensual de IVU and its SURI upload file.
Withholdings on Payments and Services
- Classify vendors and apply differentiated rates of 10%, 6%, or 0%, with the $500 annual threshold and automatic accumulation.
- Manage total and partial withholding waivers and resident and non-resident treatment.
- Calculate, record, and reconcile withholdings for deposit to Hacienda.
Fiscal Reporting and Municipal Compliance
- Generate Sales and Purchase Ledgers with full traceability from each fiscal figure to its source document.
- Generate movable-property and volume-of-business reports for CRIM by municipality, reconciled against sales and accounting records.
Benefits
In practice, this means:
Reduces fiscal risk and manual rework, provides real-time information for decision-making, and centralizes IVU, withholding, and municipal compliance in Business Central.
Supported Editions: Microsoft Dynamics 365 Business Central Essentials and Premium.
Supported Countries: Puerto Rico.
Supported Languages: English (United States), Spanish (Spain), and Spanish (Mexico).
To learn more about implementation, licensing, and support options,
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