Country version Republic of Korea (South Korea)

Requirement

Set up a legal entity to support business operations in South Korea.

M3 solution

Specific functions and master data for South Korea can be activated.

Configuration guidelines for 'Country. Open' (CRS045)

Connect with Division.

Field Value
Country KR
Country cd ISO KR
Currency KRW

You can leave the other fields blank or set them to 0.

Configuration guidelines for additional programs

Program ID Program name Description or comment
CRS008 Facility. Open Connect with Division.
MMS005 Warehouse. Open Connect with Division.
DRS045 Time Zone. Open Connect with Division.

Define the time zone for at least the current year and the next year.

CRS010 Language. Open

Specify this information:

Doc language
To define the language to be used in labels in printed documents, specify the language code in upper case.
Lang code ISO
Specify the ISO 639-1 language code in lower case.

Although this field is optional in this program, we strongly recommend that you always set it to ensure the proper formatting of all the documents that you generate using the XMLOUT interface.

CRS055 Currency. Open Connect with Division.

Create a record for currency KRW.

MNS100/G Company. Connect Division Set the Tax method field to 1-VAT/GST.
MNS100/K Company. Connect Division

Set the Global electronic messages field to 1-Activated.

During migration from an earlier M3 version, you can use the value 2-Activated per user in CRS692/P to control details from the E and F panels in the old setup, compared to those from the K, L, and M panels in the new setup.

MNS100/L Company. Connect Division

Leave the System config field blank.

To activate specific functions, set the Country version field to KR-South Korea.