Configure printing for Goods and Services Purchases Submission Form 606

This article explains how to configure Goods and Services Purchase Submission Form (606) so that it can be printed as a report (Format 606 DO). Purchase transaction records that companies use to keep a detailed record of their operations indicate vendor information and document details. As applicable, they also indicate any corresponding taxes and tax withholdings, including local and foreign transactions and other mandatory information that the regulations specify.

Prerequisites

Before you can generate the Format 606 DO report, the following prerequisites must be met:

• The legal entity's address must be in the Dominican Republic.
• Both the country/region-specific LATAM feature for the Dominican Republic and the general LATAM feature must be enabled.
• You must download the specific report configuration from the Microsoft Dataverse configuration repository. Learn more in Import Electronic reporting (ER) configurations from Dataverse.
• You must configure the Electronic reporting (ER) parameters. Learn more in Configure the Electronic reporting (ER) framework.

Other required configuration for the Format 606 DO report

• You must create a tax application to use on the report. The tax application ID must be set to F606. Learn more in Tax application for Latin America.

• You must configure the master field list. First configure field list 2 for the type of goods and services that are purchased, together with the corresponding code. Then configure field list 3 for the method of payment together with the corresponding code in the tax application code. Learn more in Field list configuration for Latin America.

• You must create two sales tax codes to use for Tax on Transfers of Industrialized Goods and Services (ITBIS), including ITBIS 18% (for goods) and ITBIS 0% (for services). Create one sales tax code for purchases and another for services. Remember to use one code for ITBIS that is taken to cost and another for ITBIS that is subject to proportionality.

• After you create sales tax codes, you must follow these steps.

  1. Go to Tax > Indirect tax > Sales tax > Sales tax codes.
  2. Select a sales tax.
  3. On the Action Pane, select Tax application.
  4. In the Tax application ID field, verify that F606 is entered.
  5. In the Income tax code field, enter C for ITBIS that is taken to cost or P for ITBIS that is subject to proportionality.

• You must configure LATAM withholding tax codes and set the tax application code for income withholding and ITBIS withholding if you need it.

• In the document class for purchase transactions (invoices, debit notes, or credit notes), in the Additional data section, in the field list, you must configure field list 2 and field list 3 as required.

• You must create a special document class for foreign service payments as a purchase document. To configure the country identification number of the foreign vendor, on the Address setup page, on the Country/region tab, select LATAM > Country per Taxpayer Type identification. You must have a tax ID type that is configured as the Not foreign document type. You must complete the country identification number with the number of the legal entity. When you use this document, the report doesn't show income withholdings that are made to the foreign vendor.

Configure application-specific parameters

To configure application-specific parameters, follow these steps.

1. Go to Organization administration > Workspace, and select Reporting configurations.
2. In the LTM Tax report, select Format 606 DO. Then, on the Action Pane, on the Configurations tab, in the Application specific parameters group, select Setup.
3. On the Application specific parameters page, on the Lookups tab, select VendorApplicableInvoices.
4. On the Conditions FastTab, select Add.
5. In the Lookup result field, select Yes.
6. In the Document classification Id (VoucherClassId) field, select all document classes that are received from vendors, including the special document class for foreign service payments.
7. On the Lookups tab, select Withholdings.
8. On the Conditions FastTab, select Add.
9. In the Lookup result field, select Income.
10. In the Document classification Id (VoucherClassId) field, select all document classes for each income withholding.
11. In the Lookup result field, select ITBIS.
12. In the Document classification Id (VoucherClassId) field, select all document classes for each ITBIS withholding.
13. On the Lookups tab, select TaxType.
14. On the Conditions FastTab, select Add.
15. In the Lookup result field, select Products.
16. In the Tax Code field, select all sales tax codes that were created for products.
17. In the Lookup result field, select Services.
18. In the Tax Code field, select all sales tax codes that were created for services.

Run the Format 606 DO report

To generate the Format 606 DO report, follow these steps.

1. Go to Tax > Inquiries and reports > LATAM > Tax reporting.
2. In the Format mapping field, enter or select a value.
3. Select OK.
4. In the TAX application ID field, specify the tax application code that you created for this report.
5. In the From date field, enter a date.
6. In the To date field, enter a date.
7. Select OK.

You can generate an Excel file by doing the same configuration in Format 606 (Excel)DO.