When recording Vendor invoices (as well as payroll), tax withholding is mandatory in the majority of the transactions. Once the year finishes company must issue a Withholding certificate that vendors and employees must use to file their personal taxes (legal requirement).

The suggestion is MS to develop a report that filters by time frame, by vendor that contains the amount of withholdings that have been recorded in the system. A check box should be developed on sales tax code records to identify what are the tax withholdings that are applicable in this report. The legend should also be editable allowing companies to set their own text.

https://www.dian.gov.co/tramitesservicios/Tramites_Impuestos/Autorizaciones/Documents/1.Nombre%20presenta%20e%20infografia%20de%20Certif%20sobre%20situac%20tribut.pdf