What's New

Microsoft Dynamics NAV provides enhancements for Iceland in addition to the global enhancements.

New and Changed Features in the Icelandic Version of Microsoft Dynamics NAV

New and changed features Description See

VAT reporting

Since 2010, services must be included in the VAT statement. The VAT-VIES declarations have been updated to include services in the reports.

VAT and VIES Report Setup

Fixed Assets and inflation modifications

Due to changes in the Icelandic economy, objects that supported the accounting treatment of fixed assets have been modified or removed.

See Also