Tax registration number

Requirement

All companies are given an identification number, named organization number, by authorities. This number is used when reporting corporate information to the government.

All countries that have VAT as a method of taxation require a VAT registration number. This number is often the organization number, with the addition of the country code.

In Guatemala, the VAT registration number is named NIT. This number comprises an eight-digit number plus a validation digit or letter.

M3 solution

The organization number, tax number, and VAT number of the company are stored on the division. The VAT numbers of the company’s customers and suppliers are stored per customer and supplier.

Configuration guidelines

Program ID	Program name	Description or comment
MNS100/G	Company. Connect Division	Specify this information: Tax decl no Specify the tax declaration number. VAT reg no Specify the NIT.
CRS610/J	Customer. Open	Set the VAT reg no field to the customer’s NIT.
CRS620/E	Supplier. Open	Set the VAT reg no field to the supplier’s NIT.
CRS045	Country. Open	See Country version Guatemala .
OIS002/F	Customer. Connect Addresses	Optionally, set the VAT reg no field to the NIT.