Panama Localization for Dynamics 365 BC Electronic invoicing and DGI compliance

LLB Solutions’ Panama Localization extends Microsoft Dynamics 365 Business Central to support tax and electronic invoicing requirements set by Panama’s Dirección General de Ingresos (DGI), automating key fiscal processes without modifying the standard platform. As a result, finance and tax teams get a fully compliant, audit-ready Business Central environment with less manual work.

Key capabilities include:

Electronic Invoicing (DTE)

• Issue electronic invoices, purchase invoices, credit notes, and debit notes.
• Generate electronic documents from sales orders and invoices, individually or in batches.
• Automatically generate XML files and graphical PDF representations.
• Integrate with authorized electronic invoicing providers for processing and validation.
• Send, cancel, resend, and track documents and download validated XML files.
• View document history and approved, rejected, or pending status.

ITBMS, Taxes and Withholdings

• Configure and calculate ITBMS for sales and purchases.
• Manage ITBMS and ISR withholdings for invoices, payments, donations, and third-party payments.
• Manage ISC and special taxes.

Fiscal Configuration and Operations

• Configure taxpayer types, RUC, verification digit (DV), establishments, branches, and points of issuance.
• Manage fiscal document types, series, numbering, and automatic consecutive numbers.
• Configure fiscal rounding, goods and services classifications, fiscal locations, and payment methods.

DGI Reports and Statutory Reporting

• Generate Forms 43, 72, 94, 95, and 1027-1.
• Generate General Journal, General Ledger, Balance by Third Parties, and Purchase and Sales Books.
• Generate withholding and configurable fiscal reports for export.

Fiscal Control and Traceability

• Maintain fiscal numbering and validated document history.
• Support foreign currencies, discounts, and mixed ITBMS scenarios.
• Detect inconsistencies before submission to help reduce DTE rejections.

Benefits

In practice, this means:

• Helps reduce compliance risks and manual processing.
• Improves DTE control and traceability.
• Centralizes fiscal and operational information in Business Central.

Supported Editions: Business Central Essentials and Premium.

Supported Country: Panama.

Supported Languages: English (United States), Spanish (Spain), and Spanish (Mexico).

To learn more about implementation, licensing, electronic invoicing integration, and support options, contact LLB Solutions.

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