About LatamReady
Tax Determination &
Tax Information Reporting Features for Chile
- 1.Certificado de Honorarios
- 2.Declaración Jurada Anual sobre Balance de 8 Columnas
- 3.Libro de Retenciones
- 4.Libro Diario
- 5.Libro Mayor
- 6.Registro de Compras
- 7.Registro de Ventas
- 1.Balance Tributario
- 2.Plan de Cuenta
Tax Rules & Tax Calculation Features for Chile
Local Unit of Account
Tax Calculation
Tax Agencies
Withholding Tax Certificates Formats
Local Tax ID Validation
Journal Legal Numbering
Letras
Billing
Electronic Invoicing
Features for Chile
Send E-Invoices Directly from Inside of 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)
The Local E-Documents Supported:
- 1.Electronic Invoice
- 2.“No Afecta” Invoice (IVA Exempt)
- 3.Electronic Debit Memo with VAT (Afecta)
- 4.Electronic Credit Memo
- 5.Electronic Waybill including VAT (Afecta) (Exclusively sales Waybills)
- 6.Electronic Export Invoices
- 7.Electronic Export Invoices Credit Note
- 8.Electronic Export Invoices Debit Note
Electronic Payments
Features for Chile
LatamReady Supports Massive Bill Payments
- 1.Santander
- 2.BCI
- 3.Scotiabank
- 4.BICE
- 5.ITAU
- 6.Banco de Chile
- 7.Security Bank
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
NetSuite Editions:
OneWorld & Midmarket Edition / SuiteTax & Legacy
Customer Care Support
For Chile
Always Up to Date!
LatamDojo
E-Learning Platform
NetSuite Training on Demand
Chart of Accounts:
- a.Chile Government does not require the use of a Statutory Chart of Accounts
- b.If the Customer decides to use a Chile specific COA (instead of the Corporate COA): LatamReady requires the use of NetSuite Multi-Booking feature
Legal ledgers:
- a.Most Latin American countries are in transition to exclusively require electronic versions of legal ledgers. In some countries, companies are still able to choose between the use of electronic or printed version of legal ledgers
- b.LatamReady legal ledgers are exclusively offered following the electronic version (fields, columns and order)
- c.Electronic version of legal ledgers can be downloaded in CSV format
- d.Printed version of legal ledgers are not included
- e.LatamReady includes “Accounting Book” filter in Legal Ledgers for Multi-Booking implementation.
Average Costing:
- a.In Latin America, the legally required type of costing is Average Costing
- b.Latin American subsidiaries configured in NetSuite are required to transact using Average Costing
Important:
- a.Both ledgers are required to be sent electronically to SII (Tax Agency)
- b.LatamReady includes the formats required by Enternet Chile to produce the format required by SII (XML format)
- c.Enternet Chile is required to e-Invoice and to electronically send “Libro de Ventas” and “Libro de Compras” to the local Tax Agency