Document Entry Scenarios

Document Entry Scenarios

Introduction

Several accounting documents exist in Guatemala, and each has a specific and particular manner for which taxes need to be declared and accounted for. In particular, the Sales Tax or VAT (IVA) accounting will have specific scenarios depending on the Tax Category of the Supplier, our entity (Company), for export purposes , and even on a per item basis. This wiki page aims to clarify specific example of each scenario to help the user account and declare taxes properly.