Considerations for Payments in Bonds

According to RG830 (Profits) and RG18 (VAT), when the payment of a voucher is made by using bonds, or quasi currency (such as Lecops, Patacones, and so on), no VAT or profits withholdings take place. Furthermore, a listing of profit withholdings that were not collected because they belonged to these concepts must be submitted to the fiscal authority.

Note: Payment in bonds must correspond to the total amount of the voucher.

To meet these requirements, you must specify that withholdings not be carried out if these types of vouchers are being written off. The system stores these unfulfilled withholdings in a table to generate a report for the fiscal authority when needed.

You specify how withholdings should be carried out by using the special handling code for the payment instrument in UDC 00/PY. This UDC specifies only whether withholdings are saved in permanent files or in unfulfilled withholding tables. This UDC does not affect withholdings calculations.