Archive for Latin America

From now on, electronic invoicing in Colombia is very simple

The SaphetyDoc Electronic Invoicing platform that allows the easy to handle and online issuance of financial invoices so companies and SMEs can comply with their mandatory duties before the DIAN without any additional investments.

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DIAN has qualified 43 suppliers for electronic invoicing services in Colombia

DIAN qualified 43 suppliers towards offering their services of issuance and reception of electronic invoices by means of a software that companies can use to pay for this service. 

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Sovos Achieves ISO 27001 Security Certification in Chile

Sovos has achieved ISO 27001 certification in Chile, becoming one of only 30 technology companies in the country to have obtained the certification. The certification represents the collective work of a combined Sovos and Paperless team.

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Panama starts its electronic invoicing pilot plan

Panama is moving towards electronic invoicing. On January 11, 2018, Panama’s General Directorate of Revenue (DGI) published the terms and conditions required for the implementation of the Electronic Invoice Pilot Plan that will start in the first half of 2018 and will last for six months. Resolution No. 201-0235 authorizes the use of the electronic invoice exclusively for businesses participating in the pilot plan.

This is a project in which 30 volunteer Panamanian companies representing different sectors will participate in to test the currently developing electronic invoicing system. During the period of time the pilot lasts, the electronic invoices and the fiscal equipment will coexist without being duplicated. Upon completion of the pilot plan, these companies may continue to issue legally valid electronic invoices and the directorate of revenue may receive and validate these invoices.

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Foriba to make new expansions to Europe, Latin America, Asia Pacific and Central Asia.

February 6, 2018  |  Asia, Europe, Latin America

Whether the country has regulatory obligations or not, if a client in any country, uses the Foriba common platform, they would be in compliance with invoicing and audit format of the country that they are in service.

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Paperless by Sovos product has achieved government certification for compliant e-invoicing in Colombia

The latest addition to the Sovos Intelligent Compliance Cloud safeguards companies doing business in Colombia from mounting risks and costs related to real-time reporting mandates.

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Top three challenges of SAP-based e-invoicing and VAT reporting

As tax authorities in Latin America, and now Europe, adopt new e-invoicing and e-accounting initiatives, companies are realizing that SAP is not equipped to support the unique needs from country to country.

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THE most critical detail in VAT Compliance: UUIDs

UUIDs – or unique identifying codes – allow tax authorities to track every single taxpayer document and verify VAT payments and credits based on the original source documents. In all countries using UUIDs, though, the code is a complex set of digits prone to error.

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Mexico launches new eAccounting requirements

Though the SAT, Mexico’s authority, did not announce a specific implementation timeline for eContibilidad 1.3, it caught businesses off-guard when it began enforcing the measures in October.

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Electronic invoicing moves forward in Costa Rica: expert opinion

EDICOM's expert explains in this document the evolution of electronic invoicing in Costa Rica. What is the e-Invoicing model? How does the system work? Challenges for companies. What are the technological solutions?

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