1. Localizations for Colombia Implementation Guide
  2. Person/Corporation Code (76C/PC)

Person/Corporation Code (76C/PC)

Specify the person or corporation code in the Codes field, and enter the appropriate abbreviation in the Description 02 field. The system uses the values in the Description 02 field on legal reports.

In the Special Handling Code field, enter N for the codes for which the system does not edit the fiscal ID and does not calculate the control digit.

For example, you might enter a code of A with the abbreviation of NIT in the Description 02 field, and enter a code of C with the abbreviation of C.C in the Description 02 field.

  • Enter a Y or a 1 for the codes for which the system edits the fiscal ID and calculates the control digit.

  • Enter a 2 for the codes for which the system edits the fiscal ID and does not calculate the control digit.

The system uses the values in this UDC when you run the Movements Selection (R76C0110) program and when you generate the files that you submit for electronic tax reporting.

To report transactions for foreign suppliers when you use electronic tax reporting, you must set up:

  • A value for foreign suppliers for which you set up and address book record using the foreign tax ID.

  • A value for foreign suppliers for which you do not use the foreign tax ID.

    When you do not enter the foreign tax ID in the Tax ID - Colombia field on the Colombian Additional Information Revisions form, you must enter an alternative number between 444444001 and 444445000, according to the regulations published by the Colombian tax authority. Set up this code so that the system does not validate the number.