Statutory Reporting

In Colombia, organizations must fully comply with International Financial Reporting Standards (IFRS), which is also referred to as Normas Internacionales de Información Financiera (NIFF).

Corporations in Colombia are required to file tax reports on a monthly basis. Cash flow reports, monthly reports, quarterly reports, and annual reports must be filed. You can use Infor Localization Services Statutory Reporting to generate these reports and comply with these requirements.

These country-specific reports are available:

• Colombia Accounts Payable Tax Report
• Colombia Accounts Receivable Tax Report