Process for Reporting Taxes Electronically

The Colombian fiscal authority (Direccion de Impuestos y Aduanas Nacionales de Colombia [DIAN]) issued resolutions 3847/3848 that require that companies report fiscal transactions. The formats required for reporting on these fiscal transactions are different from formats required by previous resolutions for previous years.

Reporting the fiscal transactions requires you to process accounts payable, accounts receivable, and general ledger transactions.

Companies must generate reports in an XML format, use the Muisca software provided by DIAN to validate the media files, and submit the files to DIAN.