Mexican invoicing: Mistakes to avoid when hiring a Authorized Certification Provider (PAC)

October 1, 2013  |  Electronic Invoicing, Government, Latin America, Legal  |  Comments Off

Only invoices bearing an electronic stamp from a PAC are legally valid for tax purposes, so your choice of an Authorized Certification Provider is a critical question that should be carefully analysed. Here we give you four mistakes you must not make when choosing your PAC: Not to demand an SLA that guarantees service availability, No adding added value CFDI-issuing to your platform, Failing to check security in communications, Delaying the decision to migrate to CFDI.

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Novus selects Invoiceware for compliant einvoicing in Mexico, Argentina and Chile

September 25, 2013  |  Compliance, Electronic Invoicing, Latin America  |  Comments Off

Novus International has contracted with Invoiceware International to manage the electronic invoicing compliance requirements in Latin America including: Mexico CFDI, Argentina CAE, and Chile DTE. By taking advantage of Invoiceware International’s SAP® electronic invoicing applications and On Demand Latin America E-Invoicing Network, Novus International will streamline their approach to invoice regulation compliance. An important benefit of the new system includes reducing the day-to-day support issues and ongoing change management associated with maintaining local electronic invoicing solutions in each individual country.

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How convert to Mexican CFDI e-Invoicing [video-instruction]

September 25, 2013  |  Electronic Invoicing, Latin America  |  Comments Off

Mexico’s tax authority released a new set of mandates on May 31, 2013. This brings about some key changes. First of all legacy CFD is sunset and only valid through December 2013. This is brings about major changes in Mexican electronic invoicing.
With more than 500,000 companies affected, there is a lot of posturing by solutions in the market place. But what is important and can derail your transition is not the obvious, but what is in the details. In this session — Invoiceware International discusses how it is helping over 250 of the Fortune 500 with their transposition to CFDI einvoicing.

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1, 2 and 3… Migrate from CFD to CFDI in three easy steps!

September 16, 2013  |  Electronic Invoicing, Government, Latin America, Legal  |  Comments Off

As of January 1, 2014, the Digital Tax Invoice via Internet (CFDI) replaces the former e-Invoice (CFD) as the mandatory electronic invoicing model in Mexico. The new regulation obliges all taxpayers who generate revenue of more than $ 250,000 annually to adhere to the CFDI, and relieves the issuers of having to administer serial and folio numbers or make monthly invoice declarations.
Are you one of the taxpayers currently still working with the CFD schema? Well, then you must change over to the new electronic billing model as of 1 January 2014!! In this post EDICOM briefly explains how to migrate your invoicing solution quickly and safely in these three easy steps.

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Four must reads on Brazilian and LATAM e-invoicing rules of the game

September 13, 2013  |  Electronic Invoicing, Government, Latin America, Legal, Standards  |  Comments Off

When it comes to legally compliant e-invoicing in Latin America, Invoiceware is your source to go to. Just as a few weeks they provided a series of articles on the rules of the game in Brazil and in Latin America. Such as the post on the latest version of Nota Fiscal (version 3.1), demanding all companies to be live with by the end of 2014. And this post “2014 Changes to Brazil Nota Fiscal – Challenge or Opportunity?” But also their post on how national government e-invoicing compliance affects a global SAP deployment. And last but certainly not least: “Avoiding Trouble When Doing Business In Latin America: Does Your Local Supplier Have Best Practices In Place?

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Intermec selects Invoiceware to Comply with Mexican Electronic Invoicing Law

August 30, 2013  |  Electronic Invoicing, Latin America  |  Comments Off

Intermec Technologies has selected Invoiceware’s SAP® electronic invoicing applications and On Demand Latin America E-Invoicing Network to comply with the Mexico CFDI invoicing mandates set to take full effect at the end of December 2013. Intermec is a global leader in the development, manufacturing and integration of automated data collection and mobile computing systems.
“We selected Invoiceware International because of their level of knowledge in complying with the Mexico CFDI invoicing mandates” said Vickie Canterbury, Sr. IT Manager at Intermec Technologies Corp. “Invoiceware International provides an SAP ERP solution and demonstrated an understanding of the complexities within SAP that can drive challenges in meeting this mandate.”

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Brazilian electronic bill of lading issuance now mandatory

August 26, 2013  |  Electronic Invoicing, Latin America  |  2 Comments

As of August 1st, 2013 the Brazilian State Department of Finance (SEFAZ) makes it mandatory for all businesses and self-employed workers providing transport services in Brazil to generate an electronic file with the service provision details, which must be sent to the tax administration by electronic means.
The CT-e or electronic bill of lading for transport is the new electronic communication model imposed by the SEFAZ, whereby companies involved in the transport of goods subject to Brazilian taxation are required to create and store an electronic file for each service provided to their clients.

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Tradeshift signs e-invoicing agreement with Lear Corporation

August 6, 2013  |  Electronic Invoicing, Latin America, Legal  |  Comments Off

More and more multinationals are looking for ways to bring the different branches of their global companies together on one platform. As more governments begin to mandate e-invoicing and other business processes, having a unified solution that works across borders will be critical.
Lear understands this. With 113,000 employees and 221 locations in 36 countries, it faces the challenges that a lot of global enterprises are confronting today. By working with Tradeshift they’ll be able to ensure compliance and scalability in every region they do business. And Tradeshift provides the answer.
With Mexico’s January 1, 2014 CFDI mandate looming, and other countries following suit, multinationals everywhere are evaluating the best solutions for meeting the complex compliance regulations. Tradeshift ensures documents sent and received on the platform meet these standards and are compliant with the CFDI format. Tradeshift will begin the implementation and onboarding of Lear’s suppliers throughout North America and Mexico.

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How Manufacturers Can Support e-Invoicing in Europe, Brazil and Mexico

July 10, 2013  |  Electronic Invoicing, Europe, Latin America  |  Comments Off

This presentation is a shorter executive level version of a webinar that was recorded in May 2013. It provides some insights into some of the challenges faced by manufacturers who need to embrace the various e-invoicing regulations in different countries around the world.
The key focus regions are EMEA, Brazil and Mexico where eInvoicing regulations are starting to impact businesses in these regions. Please don’t forget to view the full length webinar which you can find here in the resources area of our website.

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Can you bring compliant e-invoicing to the next level in Brazil? Yes you can!

June 20, 2013  |  Compliance, Electronic Invoicing, Latin America  |  Comments Off

Meeting e-invoicing compliance in Brazil is complex and requires careful constant monitoring. While e-invoicing adoption is high in Brazil, this complexity is why most service providers only help companies meet the government’s minimum requirements.
But now there is a strategic partnership between Comprova (an officially accredited Brazilian certification service provider and digital signature platform) and OB10. Comprova’s certification solution creates legally compliant invoices for goods, services and transport in BRAZIL. By combining this with the flexibility of the OB10 network, invoices are validated against government and buyer-specific requirements to ensure they are processed and paid faster. Bringing compliant e-invoicing to the next level.

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