Mexico e-invoice mandate
We received a mandate (details below) from Mexico regarding electronic invoicing and were curious what others were doing to handle this.
We have opened a call with Infor for their resolution to this concern but have heard nothing back from them as of yet. Is anyone else facing this situation and how are you handling it.
We are a Lawson S3 Financials shop.
Mexico’s taxing authority, the Servicio de Administracion Tributaria (SAT), announced May 31st, 2013 that all commercial invoice transactions sent by companies earning more than 250,000 Pesos annually (approximately $20,000 USD) must be submitted to the authority in a standard electronic format for approval effective Jan. 1, 2014.