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  • IVA Installment and Withholding - Colombia (MATA360 - SIGAFIN)

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Regarding payment terms, in view of the operations with invoice installment - in acquisition per Common System, it is established if tax must be deducted from the first installment. If value from the tax is higher than the first installment, residual must be deducted from the following installment.

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Important:

In the Simplified System, tax value can not be deducted from installments.

If the field Sum in Trade Note is filled in with 1 (sum), tax value is deducted to pass the function. If the field is filled in with 2 (deduct), tax is summed to pass the function. In the function, the field Sum in Trade Note it must be checked with the field Tax (Normal/Join/Separate), to establish if tax of the installment is added or deducted from the installment.


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