Hi Sol and Caro,
What I ended up doing is using the local bank transfer option and every time I get the transfer I do a paper factura C for the amount in pesos that I received. This is what my accountant suggested.
When you get paid in payoneer it's a grey area because if you make a factura E, the funds are supposed to be received in an Argentinian bank account by law. So even if you do a factura E but the payment does not reach a local bank account, then you're not within the law terms.
So my suggestion is to use the local bank transfer option to get paid and make a factura C. This has been working great for me for the past month and the exchange rate is not that bad.
Hi guys, I've been doing some research consulting with other local freelancers and lately with an accountant specialized in export regulations located in Campana (I can share his details if needed).
As Sol said, we need to do factura E, but most importantly, funds needs to be exchanged at the BCRA.
If you have done withdrawals via Upwork or Payoneer, you will notice that the transaction is marked as a manual deposit, $5k each, implying that they were manually deposited by someone over here that is part of a 'cave' of sorts.
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Hi Maximiliano, thanks for sharing. My main question is, if the payment is being done locally, there is no money coming from abroad or any international transfer, does it make sense to make a Factura E? Shouldn't we do a Factura C in this case?
If you'd say that the money is coming in an international transfer, then we must do a Factura E and take a copy to the bank in order to receive the funds. But with the local bank transfer approach the money is deposited locally in pesos, so in theory we should do a factura C.
Anyways... I think we can get as many answers as the number of accountants we ask about this. This is how our country works ha.
Same thing happens to me; it seems someone goes to the bank and makes a manual deposit to my account but it's anonymous. Who are you billing? What name do you use? What tax ID?
I wrote UpWork asking for the tax ID to put it on my Factura E, but they are kindda elusive.
How did you managed this? I know the adress, but no the ID... Do you all do Factura E?
The deposit are made "by hand", someone goes to the bank and deposits that money in my name.
It's not even a transfer.
I'm also trying to figure this out. A support agent told me they use Transfast as a third party and that it's them who make the deposits. The thing is they don't have an argentinian Tax Id either.
Please, let me know if you find out anything.
Somethins suspicious is going on. I received two payments in a week. One of them was a manual deposit to my account and the other one is a transfer from a J**Edited for Community Guidelines**(I have no clue who this person is). This cuit only shows up on **Edited for Community Guidelines** I think it's very suspicious that it doesn't show in **Edited for Community Guidelines**. I could bill this guy for services rendered, but what about the manual deposit?