Guatemala¶
Introduction¶
The Guatemalan localization provides the chart of accounts and the taxes required to keep the books of a company in Guatemala according to the rules of the SAT.
Note
Electronic invoicing (FEL) through the Infile provider — the electronic FACT / FCAM / FPEQ / NCRE / NDEB / NABN / FCAP documents, the export complement, and the related company fields such as the establishment code and phrases — is not available in this edition. Electronic documents must be issued through the SAT portal or a certified provider outside Odoo.
Glossary¶
The following terms are used throughout the Guatemalan localization:
SAT: Superintendencia de Administración Tributaria is the government entity responsible for enforcing tax payments in Guatemala.
FEL: Factura Electrónica en Línea is the electronic invoicing system mandated by the SAT in Guatemala, which requires businesses to issue and manage electronic documents in compliance with local regulations.
Quetzal: The official currency of Guatemala, represented by the symbol GTQ. This is the base currency for all financial transactions in the Guatemalan localization.
Configuration¶
Modules installation¶
Install the following module to get the features of the Guatemalan localization:
Name |
Technical name |
Description |
|---|---|---|
Guatemala - Accounting |
|
Default fiscal localization package: chart of accounts and taxes. Installed automatically for Guatemalan companies. |
Company¶
To configure your company information, open the Settings app, scroll down to the Companies section, click Update Info, and configure the following:
Company Name
Address, including the Street, City, State, ZIP, and Country
Tax ID: Enter the company’s NIT.
Multi-currency¶
The official currency exchange rate in Guatemala is provided by the Bank of Guatemala. Currency rates can be updated automatically with the eYssen currency rate updater module (see Automatic update); the Bank of Guatemala is not among its providers, so the rates come from a generic provider (e.g., xe.com) or must be entered manually.
See also
Master data¶
Chart of accounts¶
The chart of accounts is installed by default as part of the set of data included in the localization module, the accounts are mapped automatically in taxes, default accounts payable, and default accounts receivable.
Accounts can be added or deleted according to the company’s needs.
Contacts¶
The following fields should be completed on contact forms:
Company Name
Address, including the Street, City, State, ZIP, and Country
Tax ID: the contact’s NIT (or CUI for individuals).
Taxes¶
As part of the Guatemala localization module, taxes are automatically created with their configuration and related financial accounts: the 12 % VAT on sales and purchases, and the ISR (5 %) and VAT (12 %) withholding taxes.