For transactions in Colombia paid with credit cards, the intermediary financial entities make retentions of Rent Withholding, ICA Withholding, and IVA Withholding. According to this, PayU delivers for merchants, a certificate with the total of the withholdings applied during a monthly period.
To have access to this module, you need to have a profile with the permission Colombian certificates > View withhodlings enabled.
Refer to Profiles and Permissions for more information.
Generate Withholding Certificate
- Log into your PayU account. In the left menu, expand the Transactions menu and select Withholding certificate.
- The Withholding Certificate opens, select the withholding you want to include in the certificate and the taxable period.
- Click Download. The report is automatically downloaded to your computer in PDF format.
The following is an example of this certificate.