On January 1st 2012 new regulations will take effect that will impact companies issuing electronic invoices in Mexico. (versión en Español)

The new official regulations were published by SAT on December 12th in the Diario Oficial. Article 29A refers to electronic invoicing. If you are interested you can visit the following link http://dof.gob.mx/nota_detalle.php?codigo=5223845&fecha=12/12/2011.

If you issue electronic invoices in México you must do so using the new 2012 specifications.  If you receive electronic invoices you must verify that the invoices from your vendors meet the new 2012 specifications.

The changes fall within the following 4 categories:

1. New fiscal requirements for tax payers that receive payments in installments for products or services invoiced.
   • The tax payer must issue an electronic receipt for each partial payment
   • The electronic receipt must include the invoice number (series & folio), date and amount of the original invoice

   We highly recommend that you consult your tax accountant about this change.
    

2. Changes in the format of the electronic invoice (XML file)
   • Version 2011 of CFD's or CFDI's will no longer be valid.
   • Tax payers that issued CFD's 2011 version 2.0 must now issue them in version 2012 2.2.
   • Tax payers that issued CFDI's 2011 version 3.0 must now issue them in version 2012 3.2.
      
3. The XML file must include new information
   • Tax Regiment of the Issuer
   • Payment Method (cash, electronic trasfer, check, credit card, debit card, etc.) and the last 4 digits of the account used to make the payment.
   • Invoices for partial payments must include the invoice number (series & folio), date and amount of the original invoice
      
4. The printed version of CFD's & CFDI's must include the new information which is required in the XML.

SAT announced a 6 month extension to migrate from version 2011 CFD/CFDI to version 2012. During that time both formats will be allowed. Tax payers will have until June 30th 2012 to migrate to version 2012 of CFD/CFDI (see http://www.sat.gob.mx/sitio_internet/informacion_fiscal/legislacion/52_22111.html ).

IntraNetsLab has incorporated all these changes into BIOSS in order make this transition as transparent as possible for our customers.

If you have any questions please visit our web site or contact us directly.