KCP Dynamics Business Central Colombian localization offers a world-class business solution based on best practices according to main Colombian regulation. Our experience over the years enable us to guarantee that our localization is synonymous to support your business needs.

Automatic Tax Calculation in Sales and Purchase Transaction, Sales Rent self-withholding

Tax Withholding Calculation law 1607 for independent workers, Vat Calculate exception by Days. Law 2010 of year 2019
VAT higher value in products and fixed assets, Automatic calculation for TAX Withholding, ICA Withholding, VAT Withholding
Registration of assumed taxes, Magnetic Media Process and Calculation Formats: 1001, 1003,1004,1005,1006,1007, 1008, 1009, 2276

Localized Functionality:

General Ledger detail by Vat Registration No. (additional field), Registration in mandate operations
Sales Invoicing Resolution No. , Sales and Purchase Prepayment
Debit Memo Document (Sales and Purchase) , Vendor Invoice Resolution. VAT for Fixed Assets., Tax Close Year Process.

Official Books:

Main and Balance, Journal and Reason, Inventory and Balance Book, G/L Entries Beneficiary / Account, Additional and Auxiliar Books.

Auxiliar Reports and Additional Reports:

Auxiliar Book, Automatic Tax Certification (TAX Withholding, ICA Withholding, VAT Withholding), Payment Receipt, Document, Cash Receipt Document, Support document. Control resolution authorization DIAN. (New regulation)

Benefits:

Automated calculations and accounting will contribute to generate effective fiscal information. Great flexibility and rapid adaptation due to the high volume of regulatory changes generating a minimal impact.

Supported Editions:

This app supports both the Essential and Premium editions of Microsoft Dynamics 365 Business Central.

Supported Countries:

Colombia

Supported Languages:

The app is available in Spanish (Spain) and English (United States)

KCP Colombian Localization

by KCP Dynamics