Dynamics 365 localisation package for Lithuania. Easily submit your mandatory data to government systems without any glitches.
According to the laws of the Republic of Lithuania, every company operating in Lithuania is obliged to submit mandatory data sets to the systems of the state authorities. GO-ERP has developed specialized solutions for companies to carry out this process easily and without errors. These decisions are based on Microsoft Dynamics 365 F&SCM extensions adapted to the requirements of Lithuanian legislation.
This corporate financial management system includes various different extensions that can be implemented separately. All these add-ons are designed to take into account the specificities of the Lithuanian market to facilitate the functioning of companies.
Financial management decisions include:
GO.iSAF
Transfers data on VAT Invoices to the smart tax system (i.MAS) according to state tax authority (VMI) requirements.
GO.iVAZ
Automatically submits electronic waybills to i.MAS in accordance with VMI requirements.
GO.SAF-T
Quickly and conveniently transfers required standard accounting data file to i.MAS system.
GO.GPAIS
Provides information on packaging and products, as required by the Ministry of the Environment.
GO.SEPA PRO SEB
Data exchange between Microsoft Dynamics 365 and SEB Bank.
Other functionalities
A range of additional functionalities to support your business operations.
GO.iSAF
The intelligent tax administration system (i.MAS) of the State Tax Inspectorate of the Republic of Lithuania standardises the process of transferring taxpayers’ accounting data in order to make it more transparent and faster. This obliges companies to manage their data, accounting processes and systems in such a way that the necessary information is transmitted in a timely and error-free manner.
With i.MAS – GO-i.SAF, you will be able to transmit the required invoice data to the tax authorities in a timely manner and in accordance with the current requirements of the national legislation. The solution is tailored to Microsoft Dynamics 365 Finance and Operations and previous versions of Microsoft Dynamics AX.
Benefits for your business
- Classify and present VAT invoices according to VAT categories.
- Ensure the correct presentation of VAT, regardless of accounting methods.
- Accurately manage reverse charge VAT (point N.96).
- VAT debit invoices received are entered in the sales VAT journal.
- Easily edit/set the types of VAT invoices and their inclusion in various registers/journals.
- Modify the properties of VAT invoices after they have been entered in the accounts with a single click.
- Submit the marked data to I.SAF for special tax situations.
- Include references to the revised VAT invoices in the credit/debit accounts.
- Offers prompt advice on setting and using the parameters.
- Timely updates on changes to I.SAF requirements.
- Add the manual in Lithuanian and ensure that the XML structure complies with STI standards.
GO.iVAZ
According to the laws of the Republic of Lithuania, all consignors, carriers and consignees are obliged to provide the VMI with the bill of lading information if the cargo is transported in the territory of the Republic of Lithuania. The GO-i.VAZ solution is specifically designed to ensure that waybill information is transmitted accurately, promptly, in the right format and without errors.
Benefits for your business
- Simple registration, fast transmission. All the employee has to do is register the waybill. At set intervals, the system finds and transmits the waybill in real time according to a structure agreed with the VMI.
- Easy cancellation of waybills. When registering a new consignment note, it is possible to select which previously registered consignment notes to cancel.
- Flexible information management. You can specify which waybills to send to the VAT authorities and which will be used for internal accounting purposes.
- Control of information to be provided. The solution automatically checks whether the required fields are filled in, making the process of submitting waybills simpler and smoother.
GO.SAF-T
The GO-SAF-T solution is designed for fast and accurate transfer of standard accounting data in the SAF-T file according to the latest accounting requirements of the Republic of Lithuania. Tailored for users of Microsoft Dynamics Finance/F&O/AX business management systems.
Benefits for your business
- The ability to link the VMI General Ledger account classifications to the chart of accounts used by the company.
- The new function creates a SAF-T file, i.e. an .xml file, from the data registered in the AX system, according to the structure provided by VMI. You can choose the period and the type of data to export.
- A user interface has been developed, a file start-up parameter form has been created, which sets the necessary filters for the period and the sub-parts of the file, and also starts the file generation.
- In the SAF-T file parameters form, the possibility to split the file by logical parts has been created.
- The data is exported together with the financial dimensions, which are used in the company’s system to detail and analyse transactions.
- Customized for Microsoft Dynamics 365 for Finance and Operations and previous versions of AX.
- Included in the Dynamics 365 FO localisation suite for Lithuania.
- The solution does not use the VMI’s analytical classification of profits. It also does not provide owner data, as this is not stored in the main system.
GO.GPAIS
The waste management requirements in the Republic of Lithuania oblige companies to submit packaging and product data to the unified packaging and product accounting information system – GPAIS.
GO-ERP has developed the GO-GPAIS solution, which allows companies that are obliged to submit packaging and product data to the information system to easily manage and submit the required information. This functionality will facilitate the transfer of packaging and product data from your existing Microsoft Dynamics F&SCM (F&O/AX) to GPAIS.
Benefits for your business
- All packaging and product/item accounting data (purchases/sales/inventory movements) in one place, quick export to .xml or .excel files, possibility to edit data;
- Fast and user-friendly submission of packaging accounting and product/item accounting data to the GPAIS information system in accordance with GPAIS requirements;
- The solution is based on common and commonly used processes and requirements that apply across all companies;
- Only modifications and process-specific adaptations need to be coordinated (on a company-by-company basis).
GO.SEPA PRO SEB
GO.SEPA PRO SEB is a convenient solution for data exchange between Microsoft Dynamics 365 and SEB Bank. The data exchange is automatic, so there is no need to save the generated payment and import it into the bank or save the bank statement and manually import it into D365. The SEPA PRO solution allows:
- Send D365 vendor payments to SEB bank automatically; payment signing is performed in SEB bank system manually;
- Sign vendor payments in D365 and send to SEB bank system automatically; payment signing is performed in D365 system using Smart-ID or Mobile-ID methods:
- Receive and automatically update MS D365 vendor payment statuses (received, approved, rejected). Status update could be performed by batch job or initiated by user.
- Initiate the cancelation of payments signed in D365 if payment is not yet approved by SEB bank.
- Import SEB bank statement automatically into the D365 general journal. Bank statement import could be performed by batch job or initiated by user.
- Bank statement import allows you to import only new transactions, avoiding duplication of transactions;
- View and analyse the transaction history of SEPA PRO transactions (signed and unsigned payments, payment status updates, payment cancellations, bank statement imports).
Benefits for your business
- Time savings. By choosing data exchange with signing in the system, work is done without leaving it. There is no need for additional login and data uploading or receiving from the bank.
- Timely status tracking. If your payment was rejected or approved by the bank, you will automatically see the status in the system.
- Communication history with the bank. Information is accumulated in the system about why your payments were rejected and which ones were successful. This helps to adjust your actions.
- Real-time debt monitoring. Data about your clients’ payments received from the bank is updated periodically. So you can see in real-time which of your clients have not paid according to the agreed terms.
Other functionalities
VAT Invoice number change functionality
Mistakes in your invoice might need a specialized solution to fix it. After all, a new number will be generated when a new document is prepared. No problem, you can issue a new invoice with the same numbering.
There are situations when a company needs to change the number of an invoice it has already issued. If errors are detected in a registered invoice, for example incorrect assignment of financial dimensions used for analytical purposes, the original invoice number cannot be changed, but must be cancelled and a new invoice issued. The standard functionality of the AX/D365 system does not allow any changes to be made to the invoices issued.
In order to keep the same original invoice number, GO-ERP has the functionality to change the number of the invoice issued.
| SF number without functionality | SF number with functionality | |
| Original (incorrect) invoice | INV100 | INV100_I |
| Cancellation | INV100.1 | INV100_S |
| New correct invoice | INV100.2 | INV100 |
