SAP eInvoicing: Mexico CFDI Mandates 2012 and 2013

[Former Member]

Mexico has also adopted a more intricate series of legislation and regulations around electronic invoicing.

Mexico’s Servicio de Aministracion Tributaria (SAT) released a new set of requirements that organizations have to adopt over the remaining months in 2012 and on into 2013.  These new mandates are more similar to the Brazilian Nota Fiscal processes. Here are the highlights of the new changes your organization should be implementing.

Key Changes in 2012:

• Shipping Requirement: New requirement that all deliveries within Mexico must have the Comprobante (and UUID) as part of the documentation accompanying the truck for delivery.  Otherwise the truck and its goods can be impounded with fines demanded before release. This is a significant change for customers that do not have their logistics and invoicing processes linked together today.


• Account Number:  Emisor  are expected to know and report the last 4 digits of the account numbers that their customers use for payment.


• Fiscal Address: the street and address will no longer be required, but the country, state and postal code still will.


• Installment Payments:  For installment payments, the emisor must send an invoice for each payment, plus an “informational” invoice to document the entire amount.

 

Latin American countries are operating the most sophisticated electronic invoicing solutions in the world. And as each month passes, more countries are following the trail of Brazil. Argentina's AFIP announced compulsory mandates, and there are more countries to follow in 2012. These real-time web service validations go far beyond a digital signature and archive which is often associated with European e-Invoicing. Don't under estimate the ERP configurations and changes that you will need to install or have a solution provider manage, and most of all get started early as over 90% of all invoices in Mexico are still CFD. There will be a rush to CFDI because so many organization will wait till the last possible moment to transition.