Multinational companies operating in Mexico are experiencing new complexities from the SAT (Mexico's Tax Administration Service). In fact, compliance in Mexico is becoming as complex or even more complex than Brazil’s. The SAT is adding electronic CFDIs (electronic invoice regulations) such as Pagos. This requirement, which went live on September 1, 2018, is intended to better track payments and tax liabilities that are required in poliza (journal entry) reports. With electronic audits by the SAT increasing, see how to avoid increased SAT fines and penalties with a single solution, native to SAP for e-invoicing, Pagos, and e-contabilidad (electronic reporting of accounting records).
Attend this webinar to learn about:
- The hidden issues with Mexico's complex fiscal requirements and their impact on your organization
- The five different types of CFDIs 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