• Softex filings are mandatory for Indian software exporters to report foreign currency inflows and software exports to the RBI. Dynamics 365 helps organize, verify, and export invoices and remittance data.

Why It Matters

• Legal requirement for software export compliance
• Ensures RBI receives accurate transaction and contract data
• Enables smooth foreign currency conversion and clearance

Steps to Prepare Softex Filings:

• Navigate to Modules >Accounts Receivable > Invoices > Export Sales Transactions.
• Filter software-related invoices for the period.
• Verify contract, invoice, and bank remittance details.
• Export data in Softex XML or Excel format.
• Submit the declaration to the RBI portal.
• Example : Export invoices totaling $50,000 for Q1 2025 to generate the Softex declaration for RBI submission.