Events

The Hidden Issues with Mexico's Complex E-invoicing Requirements

Webcasts
Aug 27, 2019 | 12:00 PM1:00 PM CDT
Online
Included with membership

Spon­sored by: Sovos

Elec­tron­ic invoic­ing in Mex­i­co is becom­ing more com­plex, and com­pa­nies doing busi­ness there are fac­ing new chal­lenges. The country’s tax admin­is­tra­tion, the SAT, has added a host of new reg­u­la­tions around e‑invoicing, some tar­get­ing spe­cif­ic indus­tries. One new rule in par­tic­u­lar is aimed at more effec­tive­ly track­ing pay­ments and tax lia­bil­i­ties that are required in poliza, or jour­nal entry reports. 

In fact, e‑invoicing in Mex­i­co is so com­plex that doing busi­ness there has become almost as dif­fi­cult as oper­at­ing in Brazil. And with new reg­u­la­tions in place, the SAT now has a renewed focus on elec­tron­ic audits. Busi­ness­es oper­at­ing in Mex­i­co need to know how to avoid fines and penal­ties from the SAT, as well as what kind of solu­tion they can adopt to min­i­mize risk. 

In this webi­nar, learn how to stay ahead of these dis­rup­tive changes and safe­guard the val­ue of your SAP imple­men­ta­tion.  Dur­ing this webi­nar, you will learn:

  • The hid­den issues with Mex­i­co’s com­plex fis­cal require­ments and their impact on your organization
  • The five dif­fer­ent types of e‑invoices that you are man­dat­ed to report in the polizas: Sales, Pur­chas­es, Nom­i­na (pay­roll), Trav­el and Expense, and Pagos
  • The require­ment to link SAP doc­u­ments to all cor­re­spond­ing uni­ver­sal­ly unique iden­ti­fiers (UUIDs) to jus­ti­fy val­ue-added tax (VAT) deductions

Please bring your questions.