With the e-balance sheet, you can easily create an electronic tax balance sheet from the trade balance sheet in Microsoft Dynamics NAV or Microsoft Dynamics AX.
As of Friday, May 25, 2018, European companies are required to comply with all the provisions of the General Data Protection Regulation (GDPR.) This means that you are required to document and evaluate every process in which personal data is logged, processed or stored in your ERP system as well as to provide the stored information in electronic form upon request.
Microsoft Dynamics NAV Version 2018 or later will comply with this EU directive by default. For older software versions, however, there are steps to be taken.
Users have two options – either upgrade to the latest version of Microsoft Dynamics NAV or look for alternative ways to fulfill the GDPR requirements. One such solution is the GDPR Toolbox for Microsoft Dynamics NAV.
The GDPR Toolbox helps you implement the new requirements in older Microsoft Dynamics NAV systems. After that, you’ll be better equipped to identify personal data, classify tables and be able to generate and process deletion and anonymization suggestions more efficiently. This ensures that your company can respond to requests within the statutory period.
Document all relevant processes and, if necessary, update or export personal data from Microsoft Dynamics NAV. Review and document user logins and access permissions in your ERP system. Use integrated analysis functions to make documentation easier.
In addition, Microsoft is providing companies with an online tool that you can use to assess how close you are to complying with GDPR requirements, based on some self-reported information. For more information on the GDPR, click here .
Integrating the GDPR Toolbox just takes a few adjustments to standard objects in Microsoft Dynamics NAV. This also makes the add-on easy to implement in individual installations.
The GDPR Toolbox paves the road for a fast, easy and cost-effective start to the implementation of GDPR directives in your Microsoft Dynamics NAV system. Do you work with Microsoft Dynamics CRM, too? Then you’d be interested in the cc|crm dsgvo process and data package GDPR solution. This software allows you to perfectly implement the EU General Data Protection Regulation in a CRM environment.
At COSMO CONSULT, we can help you adapt your IT processes to the new regulations. Contact us today and we’ll help you get it done in no time.