KCP Colombian Localization

• 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

• 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.

• 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)

• 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.