Bulgaria SAF-T Integration for Microsoft Dynamics 365 Business Central
The introduction of the SAF-T (Standard Audit File for Tax) standard for Microsoft Dynamics 365 Business Central, developed by Navtech, is designed to assist companies in meeting the requirements of Bulgarian tax and accounting legislation. It automates the process of generating and submitting SAF-T files to the National Revenue Agency (NRA) by using data directly from Dynamics 365 Business Central.
Navtech’s certified solution ensures the correct structuring and conversion of financial information in accordance with the SAF-T standard and NRA requirements, generating .xml file ready for validation and submission.
Key Functionalities
- Full Automation: Seamless synchronization and transformation of data between Business Central and the NRA systems.
- Flexibility: Generation of SAF-T declarations in .xml format for all key modules: Finance, Inventory, and Fixed Assets.
- Up-to-Date Compliance: Automatic updates of nomenclatures according to the latest NRA requirements.
- Security: Preliminary verification and preparation of files to ensure accuracy prior to submission.
Benefits for Your Business
- Reliable and accurate extraction of SAF-T data directly from Dynamics 365 Business Central.
- Full compliance with NRA regulatory requirements.
- A faster and more efficient tax reporting and auditing process.
Important for users of older versions: To ensure full compatibility and avoid future risks, we recommend upgrading from older versions of Microsoft Dynamics NAV to Business Central.
The first wave of mandatory implementation targets Large Taxpayers who meet at least two of the following
criteria:
- Tax liabilities over: 1 789 521 €
- Net Revenue: 153 387 564 €
- Employees: over 250