Set up PIS and COFINS tables (Brazil)

Note

We will not be accepting edits to this topic, because it is generated from a business process in Lifecycle Services.

Before the PIS and COFINS tax assessment can be created, you must set up the tables for the credit source and credit type. As a reference, you should use tables 4.3.7 and 4.3.6 that are published by the tax authority. This task uses the BRMF demo company.

  1. Go to Fiscal books > Setup > PIS and COFINS tables > CFOP and Credit base source.
  2. Click New.
  3. In the CFOP field, type a value.
    • Use table 4.3.7 that is published by the tax authority as a reference to enter the values of credit sources by CFOP for the PIS and COFINS tax assessment.
  4. In the CFOP description field, type a value.
  5. In the Credit base source field, select an option.
  6. In the Valid From Date field, enter a date.
  7. Click Save.
  8. Close the page.
  9. Go to Fiscal books > Setup > PIS and COFINS tables > Credit types.
  10. Click New.
  11. In the Credit type field, type a value.
    • Use table 4.3.6 that is published by the tax authority as a reference to enter the values of credit types for the PIS and COFINS tax assessment.
  12. In the Description field, type a value.
  13. In the Valid From Date field, enter a date.
  14. Click Save.
  15. Close the page.