Mexico Electronic Invoice: It was published and confirmed by SAT that starting 2022 the CFDI 4.0 will enter into force, resulting in Annex 20 to undergo the following adjustments:
- Changing the sequence of related CFDIs.
- Inclusion of new fields (indicator export operation, indicator primary sector scheme, indicator for each line items of the CFDI as subject to tax).
- Modification of the CFDI cancellation service.
- Implementation of version 2.0 of the Payment Complement, where some attributes will be included and removed.
- New fields, section, validations, and catalogs for Withholdings 2.0.
Now that the new Annex 20 version 4.0 is published by SAT, SAP is making adjustments to support the differences in the new version as well as new fields for the cancellation process on Mexico electronic invoice within the Document and Reporting Compliance framework and Mexico’s CFDI Digital Invoice solution.
CFDI 4.0 will begin to take effect starting January 1, 2022, and will not be mandatory until May 1, 2022.
Origen’s electronic invoice experts are analyzing the details about the new changes on these regulations and how to keep your SAP solution for Mexico electronic invoice and payment complement up-to-date and ready for when these regulations go into effect.
We will be reaching out to our customers in the coming weeks with information and the following steps in this process. If you have any questions regarding your updates about Mexico electronic invoice, please reach out to us in order to work together on the analysis of the impacts on your current electronic invoice solution and to define the next steps and actions for new regulation compliance once mandatory.
For LATAM companies running SAP ECC or S/4HANA, Origen’s experience regarding the Document and Reporting Compliance offering can help to use a single SAP Platform for LATAM for e-invoicing and other electronic documents like withholding certificate, delivery note, payment complement, etc.
