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Breathtaking Mexico Invoicing Requirements

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Mexico Invoicing Requirements

The Conversion of Paper Invoices into Electronic Invoices and Vice Versa _ The recent publication of Ministerial Mandate number EHA뭚񳏇 defines the elements necessary for converting paper invoices into their electronic equivalent, establishing that the digitalization process must guarantee that the result is a faithful reproduction of the original, paper document and that the digitalization device (scanner) must produce the image along with a Qualified Electronic Signature (as defined in Directive number 1999ኹ). The process through which this is accomplished is designated as "Certified Digitalization."

You don't have to be chained to your office chair to send invoices, which is godsend for those business owners who travel a lot. You can create invoicing from any place in the world with the internet access. Everything is available online, and thus accessible from anywhere by the click of a button. Online invoicing is fast: delivering invoices is rapid, and so is the response! Sluggish invoicing can cost any business a great deal _ using online invoicing eliminates that! No more postal delays and waiting to be paid for your hard work! If a client "forgets" to pay in an allotted time, he will be sent a courteous reminder automatically by your invoicing software.

Types of Electronic Invoices _ An electronic invoice is one which meets the same requirements that apply to invoices issued on paper, except that it is presented in electronic format and its authenticity and integrity are guaranteed. In order to guarantee a document's authenticity and integrity, there are three possible methods: Utilization of a recognized digital signature, which is based on a recognized certificate and generated using a secure device for creating signatures. Remittance through an "EDI" system, which ensures integrity and authenticity. Use of another system which, in the opinion of the Auditing Department of the State Tax Agency, ensures authenticity and integrity, whenever the taxpayer issuing the invoice has applied for Agency approval of the system in question. In general, the use of a recognized electronic signature is considered to be an essential element of electronic invoices.

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