The National Directorate of Taxes and Customs (DIAN) classifies businesses into various groups based on their revenue, the company’s nature, and other factors. Hence tax bound differs on each type of company. Some pre-configured taxes like IVA, Rte IVA, Rte ICA, Rte Fuente, and chart of accounts, specific to localization, are introduced for the company to operate their business in Colombia.
Video Contents:
00:00 Introduction
00:45 What are the Modules in Colombia Accounting
04:46 How to Setup Taxes
08:28 How to Journals
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Reference:
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