Colombia¶

Odoo’s Colombian localization package provides the base accounting features for databases in Colombia: the PUC chart of accounts, taxes and withholdings, and the identification document types.

Configuration¶

Modules installation¶

Install the following modules to get all the features of the Colombian localization:

Name	Technical name	Description
Colombia - Accounting	`l10n_co`	Default fiscal localization package. This module adds the base accounting features for the Colombian localization: chart of accounts, taxes, withholdings, and identification document type.
Colombian - Point of Sale	`l10n_co_pos`	This module includes Point of Sale receipts for Colombian localization (installed automatically with the Point of Sale app). It also lets you edit the Order Reference sequence in the Point of Sale settings.

Note

Electronic invoicing with the DIAN (own software or Carvajal), the support documents for vendor bills, and the withholding certificates (Certificado de Retención en ICA / IVA / Fuente) are not available in this edition.

Company information¶

To configure your company information:

Access your company’s contact form:
- Go to the Contacts app and search for your company or;
- Go to the Settings app, activate the developer mode, and in the Companies section, click Update Info. Then, in the Contact field, click on the company name.
Configure the following information:
- Company Name.
- Address: Including City, Department, and ZIP code.
- Identification Number: Select the Identification Type (NIT, Cédula de Ciudadanía, Registro Civil, etc.). When the Identification Type is NIT, the Identification Number must have the verification digit at the end of the ID prefixed by a hyphen (-).

screenshot: finance-fl-colombia-company-identification

menu: Contacts ‣ (your company)
shows: The company's contact form with the "Identification Number" type drop-down open (NIT, Cédula de Ciudadanía, Cédula de Extranjería, Registro Civil, Pasaporte, …) and a NIT with the verification digit "900.123.456-7".
highlight: The identification type and number fields.
data: Demo company "YourCompany CO", Colombian localization installed.
module: l10n_co, l10n_latam_base
notes: English UI, light theme, 1440px width.

Master data¶

Contacts¶

Configure the following fields on the contact form:

Identification Number (VAT): Select the identification number type and enter the identification number. If the identification number type is NIT, the identification number must include the verification digit at the end, prefixed by a hyphen (-). The number is validated only for the NIT type.

Taxes¶

Taxes are created automatically by the localization: IVA at the different rates, INC, and the withholding taxes (retenciones ICA, IVA and Fuente, as negative purchase taxes). To create or modify taxes, go to Accounting ‣ Configuration ‣ Taxes, and select the related tax.

screenshot: finance-fl-colombia-taxes

menu: Accounting ‣ Configuration ‣ Taxes
shows: The Taxes list of the Colombian localization with the IVA 19%, IVA 5%, INC and the negative "Rte" withholding taxes (ReteFuente, ReteIVA, ReteICA).
data: Demo company "YourCompany CO".
module: l10n_co
notes: English UI, light theme, 1440px width.

Chart of accounts¶

The chart of accounts is installed by default as part of the localization module. The accounts are mapped automatically in taxes, default account payable, and default account receivable. The chart of accounts for Colombia is based on the PUC (Plan Unico de Cuentas).

Multicurrency¶

The official exchange rate for Colombia is provided by the Banco de la República. Currency rates can be updated automatically with the eYssen currency rate updater module (see Automatic update); the Banco de la República is not among its providers, so the rates come from a generic provider (e.g., xe.com) or must be entered manually.