How to adapt your SAP landscape to

Mexicos new payment and invoicing

regulations
Sponsored by Invoiceware by Sovos

Date: Wednesday, February 8, 2017

Time: 2:00 pm EDT/ 11:00 am PDT

Duration: 60 minutes (including Q&A)

Speaker

Steve Sprague
General Manager,
Invoiceware by Sovos
In December 2016, Mexico announced the largest update to its e-invoicing schema in years. CFDI
v3.3 is now a reality, and companies doing business in Mexico have until July 1, 2017, to go live with
these significant changes. To meet this deadline, companies must begin preparing for these new
government standardizations now.

In addition, companies will need to validate the data in their ERP systems to ensure accuracy and
avoid being fined with electronic audits officially under way in Mexico since September 2016,
Mexicos Tax Administration Services (SAT) organization is well-prepared to automatically identify any
discrepancies in submitted information. So what does all this mean for companies with SAP
landscapes?

Attend this webinar and learn from Steve Sprague, General Manager at Invoiceware by Sovos, how
these upcoming changes will affect your organization and what you can do to ensure a seamless
transition to CFDI v3.3 for e-invoicing and e-payment receipts. You will learn how to:

Implement new payment receipt tracking requirements, which include sending the SAT a
payment receipt linked to the original CFDI once payment is received
Apply the 46 different data validations and standardization codes used for the SATs
auditing process, including tax ID validations and codes for products, services, and payment
types
 Navigate the complexity of new conditional fields, which can lead to requirements for
further details once information is submitted
Put into practice new standards for foreign transactions, which require submitting for
verification the tax identification number for customers receiving exports
Understand the new rules for tax calculations for example, taxes will be calculated for
each individual line item as opposed to the overall sum of an invoice.