Localización Colombia For Dynamics 365 Business Central

The Colombia Localization, developed by LLB Solutions for Microsoft Dynamics 365 Business Central, ensures compliance with all tax and accounting obligations in Colombia, as well as adherence to specific laws and regulations. This includes the billing complement required by DIAN, and the management of tax retention and reporting.

This localization app is available for local or international companies with economic activity in Colombia.

The Colombia localization for Dynamics 365 Business Central will:

· Comply with DIAN guidelines, tax, and accounting obligations.

· Adapt accounting and tax functionality according to Colombian legislation.

· Access functional, technical, and localization training, and receive continuous support during data migration and activation.

· Adjust terminology according to the region in the various standard modules of Dynamics.

· Receive extensive training on best practices in Dynamics 365 Business Central.

· Obtain ongoing support during implementation and go-live phases.

Taxes:

· Different VAT rates.

· Withholding tax on income.

· Withholding tax on VAT.

· Withholding tax on ICA.

· VAT as a higher value of fixed assets.

· Excluding VAT and exempt VAT.

· Additional tax.

· Consumption tax.

· Tax statistics in the document.

· Tax closure.

· DIAN document types.

· Self-withholding on income.

· Tax configuration.

· Adoption of tax calculations to documents.

· Tax calculation for partial or total billing.

Electronic Documents:

· Sales invoices.

· Integration with a technological provider.

· Export sales invoices.

· Debit notes.

· Credit notes.

· Electronic supporting documents for non-mandatory billing.

· Adjustment notes for supporting documents.

· Billing resolution.

General

· Legal Entity Nature.

· Taxpayer Type.

· Tax Classification.

· CIUU.

· DV Calculation for Customers and Suppliers.

· Identity Document Types.

· Sales and Purchase Debit Notes.

· Third-Party Management.

· Exchange Rate Differences by Third Parties.

· Year-End Closing by Third Parties.

Reports

· General ledger.

· Detailed general ledger.

· Sales journal.

· Supplier withholding book.

· Customer withholding book.

· Individual withholding book.

· Consolidated sales withholding book.

· Consolidated purchases withholding book.

· Withholding certificate.

· Special format magnetic media (XML).

· Trial balance by third parties.

· Tax consultation.

Supported Editions: Essential and Premium editions of Dynamics 365 Business Central.

Supported Countries: Colombia.

Supported Languages: English (United States), Spanish (Spain), and Spanish (Mexico).