Calculate PIS

The field Calculate PIS must be filled out to generate the report PIS/Cofins Depreciation, which can obtain information through verification of this field and parameterization.

Field Calc. PIS has the option 3-Fraction, which enables PIS/Cofins credit to be calculated monthly at the rate of 1/48 for 4 years, or at the rate of 1/24 for 2 years, according to the Provisional Presidential Decree 219/04. For the asset to be under this system, enter the type 3-Fraction by operations of Asset Change or Classification in Fixed Assets module. In this case, no more than 48 or 24 credit installments are displayed, depending on how asset was registered (for credit in 48 or 24 installments). The value presented does not depend on asset depreciation in the month displayed. If this field is Yes, it indicates that calculation must be made. In this case, credit is only displayed in the depreciation month.