Mexico Postpones Electronic Invoice Cancellation Policy Change until September

Gustavo Jiménez
July 6, 2018

Mexico’s planned process change for cancellations of electronic invoices will take effect Sept. 1 rather than in July as previously announced.

The Mexican tax authority, the SAT, will require senders of electronic invoices, a document called a CDFI in Mexico, to get permission for cancellation from the party that received the invoice before the sender can cancel it. The change was supposed to take effect July 1 but will now kick in on Sept. 1, according to a recent press release from the Mexican government.

Approval of electronic invoice cancellation needed

Companies doing business in Mexico must generate an electronic invoice in the standard format with information such as a tax ID number, description of goods, total amount of the invoice, taxes due and much more. The shipper has to submit that invoice and then receive unique a number back from the government called a UUID. Once the government generates the UUID, the company can send the invoice to the client and ship its goods.

Currently, the sender can cancel the invoice using a government website without informing the receiver of the cancellation. Beginning on Sept. 1, a sender that wants to cancel an invoice will have to notify the receiver via the buzon tributario, or tax mailbox. When the receiver approves of the cancellation by buzon tributario, the sender can cancel the invoice.

Another wrinkle in the electronic invoicing process

For companies doing business in Mexico, the policy will add a manual step to the process of cancelling invoices, further complicating the already complex process of eInvoicing. Sovos, a global pioneer in eInvoicing solutions, helps companies avoid risk by empowering them to take control of eInvoicing, and create and automate repeatable processes.

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Sovos solutions can provide your organization with a comprehensive eInvoicing solution. Learn more about Sovos eInvoicing, or contact Sovos for more information.

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Author

Gustavo Jiménez

Gustavo Jimenez is the Product Marketing Manager for Sovos’ e-invoicing solutions and is based in Atlanta. Gustavo is responsible for go-to-market strategy for Sovos LatAm e-invoicing solutions in countries with existing and upcoming mandates. He has more than five years of experience in e-invoicing, middleware integrations, and regulatory research. He works closely with the product management and development team as well as sales and marketing to facilitate compliance process transformations for Sovos clients. Prior to joining Sovos, Gustavo was responsible for marketing activities and strategy at Invoiceware International, a leading e-invoicing solution for businesses with operations in Latin America. He focused on the go-to-market strategy of their solutions as well as communications with the LatAm market about regulatory changes and new solutions.
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