Overview

In order to comply with the calculation of taxes in Colombia, it is necessary to define: the fiscal data of the company and partners, city codes issued by the DIAN (National Tax and Customs Directorate), ISIC codes (economic activities), withholding codes (according to the regulated concepts and rates), selection of the types of transactions that will require tax application, classification of VAT codes and the registration of the respective invoicing resolutions assigned by the DIAN to each Client.

It is also required to comply with eInvoicing requirements to issue Invoices in Colombia as DIAN validates these invoices using electronic means.

The objective is to apply the necessary configurations to comply with the general aspects of the tax localization for Colombia of the ERP Software LN CE.

However, this guide is not intended at any time to be reference material for the correct interpretation and/or application of the different taxes and their complements.

General remarks

The topics covered by the localization are grouped into these areas:

  • Tax Identification
  • PUC: Chart of Accounts
  • Tax Management
  • VAT Management
  • Official Books
  • Auxiliary Books
  • Equivalent Purchase Invoice
  • Withholding Certificates
  • Utilities
  • eInvoicing
Table 1. Structure
Section Description
Conceptual framework Brief description of the fiscal operation
Scope Level of compliance
Session The coding and location of the sessions is indicated.