Depending on location, industrial companies have different needs and are required to comply with local laws and regulations for their daily business transactions and operations. Infor supports their customers throughout this process by offering country versions of Infor LN ERP system to help with localization.
Infor LN localization for Bulgaria supports language configuration in Bulgarian and includes all main financial statements in compliance with the requirements of Bulgarian legislation.
Localized version reflects specific requirements of Bulgarian tax legislation in the following areas:
Currency differences on purchase invoices in the conditions of multi-currency presentation
General ledger and chronological list
Bulgarian localization allows to generate the following obligatory reports in the legal format:
VAT diaries (purchases and sales, VAT declaration) fully compatible with the national program for VAT reports
Turnover sheet compatible with the national accounting requirements and standards
General ledger for any period
Chronological list for any period
Open records (invoices for purchases and sales)
Customized session of a sales invoice
Custom processing of currency differences in payments
Processing of currency differences on purchase invoices in the conditions of multi-currency presentation
The leading printing house in the Balkans, a manufacturer of packaging for the pharmaceutical industry, Dunav Press JSC has successfully migrated to the new localized version of the Infor LN ERP system with the support of IPL Consulting, Infor Silver Channel Partner.
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