Foreign characters in Exo Business and - Companies operating in Thailand
Does anyone look after any companies operating in Thailand? On any product? :-)
Specifically, does anyone know if are there any critical compliance constraints or idiosyncrasies that would present a barrier to running MYOB or any accounting software products in general? Apparently, a local Thai accounting firm is indicating that there is a formal list of compliance tested accounting software products. However, I can't find any mention of this. I can imagine that like ANZ they might well have software developers' interface standard for electronic VAT return submission, but this wouldn't (i imagine) inhibit manual submission methods.
Anecdotally I see Thailand businesses being quite uninhibited in sourcing a wide variety of popular off-the-shelf accounting software products from Australasia, Us and Europe. I can't find any info, or get any response from the Thai Federation of Accountants (FAP) channels, they seem more focused on adherence to international standards IFRS rather than codifying localised rules or constraints.
Another source https://www.iasplus.com/en/jurisdictions/asia/thailand also gives me little to go on.
Anyone in this community of experts who has any pointers, I would be grateful to hear from you as I am drawing a blank at present.
Got a helpful and timely response from the Federation of Accounting Practitioners in Thailand :-)
Dear Sam,
There is no list of certified accounting software available in Thailand. The users can buy any software applications that suit their business.
Best Regards.
E-Mail : info@fap.or.th