AUTOMATIC ICA WITHHOLDING BY MUNICIPALITY

Automates the calculation and application of ICA withholding tax (Industry and Commerce Tax) in Colombia based on the customer's or vendor's municipality, letting you define the company's economic activities (CIIU) and configure different withholding parameters for sales and purchases, by municipality, department, and operation type. Lets you apply a different withholding municipality per invoice or order line (useful when a single invoice includes sales across several municipalities), and automatically validates whether an invoice meets the conditions for the withholding to apply. Significantly reduces the risk of errors in calculating this municipal withholding, which varies from one municipality to another.