Configure printing for Purchase Vat Books for Bolivia

This article explains how to set up and use purchase VAT tax books for Bolivia.

Value-added tax (VAT) books refer to the records and accounting documents that businesses use to keep track of their transactions for VAT purposes. Although the specific requirements for VAT books can vary from one country/region to another, they generally include the date of the transaction, the customer/vendor information, and the tax information details.

Prerequisites

Before you can generate and print the report, the following prerequisites must be met:

• The legal entity's address must be in Bolivia.
• Both the country/region-specific LATAM feature for Bolivia and the general LATAM feature must be enabled.
• You must download the relevant report (BO Sales VAT Book) from the Global repository. Learn more in Download ER configurations from the Global repository of Configuration service.
• You must configure the Electronic reporting (ER) parameters. Learn more in Configure the Electronic reporting (ER) framework.
• You must create a tax application to use on the report. Learn more in Tax application for Latin America.
• In the document classes that are used on this report, you must set the Tax application code field to DUI or DIM as the regulation requires.

Configure application-specific parameters

Lookups and conditions are designed so that you can select the combination of document classes IDs and sales tax codes that is used in transactions.

To configure application-specific parameters, follow these steps.

1. Open the Electronic reporting workspace, and select Reporting configurations.

2. Select BO Purchase VAT Book, and then, on the Action Pane, on the Configurations tab, in the Application specific parameters group, select Setup.

3. On the Application specific parameters page, on the Lookups tab, select VendorInvoicesIsApplicable.

4. On the Conditions tab, select Add.

5. To add every document class that the report shows, in the Lookup result field, select Yes.

6. On the Lookups tab, select TaxType.

7. On the Conditions tab, select Add.

8. In the Lookup result field, select each tax type that should be used on the report.

9. In the Tax type column, add the tax codes that are used in transactions.

   Note

   VAT books are formats that depend on the LTM Tax Report model. Therefore, it's important that taxes are registered for transactions. The codes that you select here must match the codes that are registered in the transactions. Complete each lookup with No or Not applicable conditions where you select Blank and Not blank.

   This VAT book considers only VAT, not other types of taxes.

10. Repeat steps 6 through 9 for every other VAT column on the report.

Run BO Purchase VAT Book format

To generate the BO Purchase VAT Book report, follow these steps.

1. Go to Tax > Inquiries and reports > LATAM > Tax reporting.
2. In the Format mapping field, select BO Purchase VAT Book.
3. Select OK.
4. In the TAX application Id field, specify the tax application code that was created for the report.
5. In the From date and To date fields, specify the date range to include on the report.
6. Select OK.