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former_member182834
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The Mexico SAT has doubled down on their eAccounting requirements with a focus on corporations. While 2014 data is no longer required, the core requirements are now more detailed. So while the go-live date has transitioned from January 25 to March 3rd, this doesn't mean you should delay your implementation.

 

Key changes include:




  • Reports are required as of January 2015 for all multinationals that produced more than 4 Million Pesos of revenue in 2013.

  • Reports are due no later than the 3rd day after the second month following  the period - which means that January is now due no later than March 3rd, 2015

  • Chart of Accounts - has become more complicated

  • Trial balances- Journal Summaries - are due monthly, but only for 2015 data. You no longer need to provide 2014 data.

  • Journal entries - these are mandatory to be created and must be submitted upon the government's request or if you request a tax refund or compensation back. The UUID is still the key to all of these requirements

  • They have added additional complexities as well with expansion of the requirements, so don't delay - projects need to start in December to meet the deadlines.


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