E-invoicing system is applied in Mexico, which implies that transactions must be created as CFDI (Comprobante Fiscal Digital por Internet) and submitted to the authorities (SAT) in order to achieve legal compliance and tax validity.
Subjects of e-invoicing are all invoice issuers and recipients, except for foreign digital service providers.
It is applicable to all B2B, B2C, B2G domestic transactions and to both cross-border export and import transactions.
The relevant transaction data set must be transmitted to the PAC (Authorized Certification Provider), which validates and returns it to the taxpayer.
The PAC simultaneously sends the stamped CFDI to SAT.
But when is a global invoice to be issued?
In the event that the purchasers do not request the digital tax receipt over the Internet, taxpayers must issue a global invoice for the operations carried out with the general public.
Taxpayers may prepare a daily, weekly or monthly CFDI. Such a CFDI shall contain the amounts corresponding to each of the operations carried out with the general public for the respective period and the operation number of the receipts for operations with the general public that had been issued.
This global invoice is sent in XML to PAC (and SAT) while proofs of operations are provided to customers in a manner agreed with the customers.
If you would like to know what the timeframe for submission of the global invoice to SAT is, what is the receipt content for transactions included in a global invoice and what are other global invoice specifics, get in touch with JB Fiscal Consulting to get and/or to remain compliant with Mexican fiscalization requirements!