Bank Transactions - Bolivia (FINA100 - SIGAFIN)

You can use this routine to calculate the ITF, according to Law 3446 - Financial Transaction Taxes.

• The ITF levy is determined in the Banks register routine.
• In transactions Receivable, Payable and Transfers, the ITF is not levied on From or To transactions through Banks configured in the MV_CXFIN parameter.
• ITF levy is implemented in transactions receivable according to the Class selected.

Requirements

Configure the parameters:

• MV_CACITF: if the company is subject to ITF taxation, enter 1.
• MV_ALIQITF: enter the rate using "," (comma) as decimal separator.
• MV_NATITF: Enter the default class.

Have registered: Banks, Customers, Suppliers, a bill receivable in Accounts Receivable, a bill payable in Accounts Payable.

Procedures

1. Add a receivable type transaction.
2. Fill out required data and click Confirm.
3. The ITF is calculated on financial transactions.