The LatamReady App extends the power of Oracle NetSuite Cloud ERP to enable international corporations to achieve full tax compliance in Latin America.
An innovative Built-for-NetSuite solution, the LatamReady App natively supports Tax & Accounting Compliance, Tax Reporting, Electronic Invoicing, and many more amazing features for 18+ Latin American countries, including Bolivia!
About LatamReady
LatamReady
App Bolivia
The LatamReady App is always up to date with all monthly and annual tax reporting forms, making it easy for companies to comply with local tax reporting requirements in Bolivia.
Electronic Payments
Features for Bolivia
LatamReady Supports Massive Bill Payments
- 1.BCP
Electronic Invoicing Features for Bolivia
Send E-Invoices Directly from Inside NetSuite
- One by one: A 2-step process that follows the NetSuite standard for issuing electronic invoices. The first step is to create and the second step is to generate and send each invoice one by one manually.
- Massive: Several In Bulks, tens of thousands of documents. (Add-On)
- In Bulk: for 200 documents. (Add-On)
- Ecommerce Edition: for Ecommerce companies. (Add-On)
LatamReady SuiteApp
Bolivia - Standard Edition
1. Local legally required information (NIT, Tipo de persona)
2. Local transaction types and information required to produce legal ledgers required by SIN (Bolivian Tax Agency)
3. Withholding Taxes Engine to manage (IT and IUE) using NetSuite standard feature
1. Professional Services (Por el ejercicio de profesiones liberales u oficios)
2. Rent and Interest (Por alquileres, intereses y otros similares)
3. Foreign Withholding Tax (Retenciones al exterior)
4. Reports to be presented to SIN:
i. Libro Ventas IVA (CSV format)
ii. Libro Compras IVA (CSV format)
iii. Libro de Ventas IVA - NC/ND
iv. Libro de Compras IVA - NC/ND
v. Libro de Retencion
Electronic Invoicing via COMFIAR Bolivia (NetSuite e-Invoicing module is required). COMFIAR is the e-Invoicing local supplier that will be directly connected to NetSuite (v. 2019.1)
LatamReady Add-Ons
- 1.Sales Order
- 2.Credit Memo
- 3.Customer Payment
- 4.Invoice
- 5.Journal Entry
- 6.Purchase Order
- 7.Vendor Bill
- 8.Vendor Credit
- 9.Vendor Payment