What changes does the new SAT invoice have?

By Jesús Sierra

The new voucher version 3.3, will be mandatory from December 1st.

Although it entered into force on July 1, the 3.3 invoice of the Mexican Tax Administration System (SAT) will be mandatory until December 1, 2017; however, both the government as well as financial experts recommend using it as soon as possible, so as to get accustomed to the elements that conform it.

cambios factura sat

The electronic invoice, also called by the SAT as CFDI (Digital Fiscal Certificates by Internet), will include some modifications for this version, such as different types of receipts, in addition to income (issued by taxpayer profits), egress (returns, discounts and modifications) and transfer (credit ownership of transfer merchandise); in addition, there will be two other features:

The receipt of payments (which seeks to facilitate the concordance between the invoices against their payments), and the payroll (which will be issued in case of remuneration of salaries, wages and assimilated), similar to an invoice of expenses.

cambios factura sat 2

Another objective of this new version is to prevent issuers from making mistakes, hence the modifications to the rules that allow validation through the RFC (the Federal Contributors Register); in case it is misspelled, the invoice will be rejected. This will prevent errors and customers from having to go months later to request modifications or cancellations.

These changes will give more work to the taxpayer but will allow the SAT to have greater certainty if the operations were performed or were only invoiced. Version 3.2 CDFIs issued after November 30 will not be valid.

cambios factura sat 3

RELATED NEWS

  • Spain and Mexico’s Trade Relations Curdle over Manchego DisputeSpain and Mexico’s Trade Relations Curdle over Manchego Dispute
  • Cape Town Water crisis: Cape Town Water crisis: 'Day Zero' Draws Near
  • MORGAN STANLEY: Here are the 6 internet stocks to bet on in 2018MORGAN STANLEY: Here are the 6 internet stocks to bet on in 2018
  • Ford announces $11B investment, 40 electrified vehicles by 2022 at Detroit Motor ShowFord announces $11B investment, 40 electrified vehicles by 2022 at Detroit Motor Show
  • Automobile Revenues will fall 40% due to Electric and Autonomous VehiclesAutomobile Revenues will fall 40% due to Electric and Autonomous Vehicles
  • Mexico debuts its best startups for 2018 at CESMexico debuts its best startups for 2018 at CES
  • Inside the Secret Society Running the World of CryptocurrencyInside the Secret Society Running the World of Cryptocurrency
  • Opinion: Who Will Profit Off the Next Crash?Opinion: Who Will Profit Off the Next Crash?
  • This is how Jeff Bezos will support the This is how Jeff Bezos will support the 'dreamers'
  • Oil Reaches $70 a Barrel for First Time in Three YearsOil Reaches $70 a Barrel for First Time in Three Years
  • Peso predicted to make comeback in 2018: BloombergPeso predicted to make comeback in 2018: Bloomberg
  • Chihuahua´s governor denounces Government reprisals for PRI corruption investigationChihuahua´s governor denounces Government reprisals for PRI corruption investigation
WATCH LIVE TV



Most Read Articles
Most Watched Videos
  • Generations Riviera Maya
  • Mayair

Language

Mexico News Network
All rights Reserved 2018