Francisco Orozco Consultant

Wish there is future option to easily setup, identify and easily transfer receivable supported tax to be future transfer and converted into sales tax while processing inter-company sales order-purchase orders, for purpose to easily visualize accrual sources and destinations when processing tax calculations for the period.

Wish there is future option to easily visualize inter-company tax authorities, for purpose to easily transfer converted sales orders-purchases orders or purchase orders-sales orders. Not featuring inter-company tax authorities, user might potentially not easily identify tax authorities source and destinations from a potential tax calculation accrual for the period.

Wish there is future option to easily setup custom tax supported receivable fee ledger postings and have the option to easily offset it to expense custom tax expense fee postings. Not featuring the option to easily visualize custom tax receivable supported ledger posting, user might potentially conventionally enter ledger account from purchase order transactions from the defaulted item custom tax fee calculation.

Wish there is future option to easily default item setup custom tax percentages or values for purpose to easily accrue to supported custom tax receivable and easily offset to expense custom taxes fees from purchase orders. Not featuring option to easily default multiple custom taxes percentages or fixed rates applied per each eligible item independent form standard receivable supported or payable tax to be supported while processing inbounds or outbounds, user might potentially process custom taxes conventionally or through miscellaneous charges, rather then have them included for purpose of tax accrual calculation for the period.

Wish there is future option to easily include custom tax calculations from tax calculation accruals for the tax liable and settlement periods. Not featuring custom tax calculations from the tax accrual calculations, user might potentially add custom tax calculation outside the system. Featuring custom tax calculation from within tax accrual calculations, user might potentially easily visualize potential eligible supported receivable custom tax per international inbounds to be future credited and offset it against tax to be supported or liability sales tax. REMARK: There maybe a unique custom tax rate per item available from brokers.

Wish there is an option to easily setup and relate custom tax to custom tax authority, custom tax maybe potentially a unique 3rd party authority from conventional taxes, or some other countries maybe the same tax authority from conventional taxes (e.g. receivable and payable). Not featuring option to easily identify a custom tax authority from conventional tax authorities, user might potentially not easily combine tax accrual calculation for the period per authority.

Wish there is future option to easily identify inter-company custom tax, not featuring option to easily process inter-company custom tax, user might potentially not include custom tax from sales order-purchase order or from purchase order-sales order, instead the user might alternative apply the conventional miscellaneous charges. Not featuring inter-company custom taxes, user might potentially not easily include from tax accrual period, or settlement period calculations.

Wish there is future option to easily setup and visualize inter-company custom tax authority, for purpose to easily include tax authority from a conventional tax accrual period calculations and/or from a hierarchy master tax accrual calculations source and destinations.

Wish there is potential future option to easily calculate a master tax accrual calculation for all authorities, rather then featuring a tax accrual calculation by single tax authority. Featuring tax calculation accrual by authority maybe beneficial, however future featuring a consolidated or hierarchy tax calculation for all authorities (e.g. international inbound, international outbound, conventional tax supported, conventional tax liability).

Wish there is a NEW tax type option to include "ISR" Impuesto sober la renta or also referenced as Profit sharing (Impuesto en utilidades), calculated as follow: Utilidad fiscal (Taxable base) / Ingresos nominales (Gross activity income) =Coeficiente fiscal (taxable liability factor) Example: Gross activity income x taxable liability factor =Taxable base x 30% ISR (Profit sharing percentage) =ISR (Profit sharing liability balance) REMARK: Profit sharing default percentage may vary from year to year. usually 30%. Profit sharing is applicable in Mexico and some other South America (e.g. Colombia, other...) CALCULO DEL IMPUESTO SOBRE LA RENTA REGIMEN PERSONAS MORALES EMPRESA, S.A. C.V. Abril venta $300,000 Gastos $75,000 Mayo $ 500,000 Gastos $ 150,000 Articulo 17 fracción I Enciso A: Expida facture por el monto de la contraprestación Enciso B. Se envié o se entregue materialmente el bien o se preste el servicio Enciso C: Que se cobre o sea exigible total o parcialmente el precio aun cuando venga de anticipos. Articulo 9: La utilidad fiscal: Todos los ingresos que percibe la empresa menos las deducciones autorizadas – PTU entregado a los trabajadores. Articulo 14 Fracción I ISR. Calculo de ISR coeficiente al ultimo periodo de 12 meses, dividir la utilidad fiscal entre los ingresos nominales. Ejemplo: Utilidad fiscal 2,000,000/ 4,500,000 Ingresos nominales Coeficiente utilidad: .4444 Abril $ 300,000 Ingresos nominales: $ 300,000 (x) Coeficiente utilidad: .4444 (=) bases=133,320 (x) Art 9=ISR 30% (=) ISR $ 39,996 (-) Pagos provisionales anteriores = 0 (=) ISR a pagar: 39,996 Articulo 14 Fraccion 3 Se pueden acreditar los pagos parciales. Mayo $ 500,000 + 300,00= 800,000 (x) Coeficiente utilidad: .4444 (=) bases=355,520 (x) Art 9=ISR 30% (=) ISR $ 106,656 (-) Pagos provisionales anteriores = 39,996 (=) ISR a pagar: 66,660 Con respecto al IVA Abril Ingresos $ 300,000 (x) IVA = 16% (=) IVA a Pagar: 48,000 Gastos=75,000 (x) Tasa de IVA= 16% (=) Iva acreditable=$12,000 Iva a pagar = $ 48,000 (-) Iva acreditable: 12,000 (=) Iva a pagar: 36,000 Mayo Ingresos: $500,000 (x) Iva = 16% (=) Iva a pagar=$80,000 Gastos = 150,000 (x) tasa de iva= 16% (=) Iva acreditable= 24,000 Iva a pagar: 80,000 (-) Iva acreditable: $ 24,000 (=) Iva a pagar: $56,000