Compliance News / Compliance

Mexico Mandates Electronic Invoicing by January 1

Short Notice Leaves Companies Scrambling

Mexico’s taxing authority, the Servicio de Administracion Tributaria (SAT), announced May 31, 2013 that all commercial invoice transactions sent by companies earning more than 250,000 Pesos (about $19,500) annually must be submitted to the authority in a standard electronic format – the new Comprobante Fiscal Digital por Internet (CFDI) format – for approval effective Jan. 1, 2014.

The mandate, which eliminates the legacy CFD process, is expected to affect an estimated 500,000 companies, many of them multinationals with operations in the United States and Europe. Although the change has been expected for some time, the short notice has created a rush to bring systems into compliance before the end of 2013.

“This is not a trivial project,” Invoiceware International cautions in a whitepaper outlining the changes. “The legislation and required business processes will affect your ability to ship, your ability to collect money from your customers, and your ability to legally file your taxes in Mexico.”

The new compliance mandates being instituted in Mexico will:

  • Affect all outbound shipping by companies, as CFDI is a real-time process;
  • Require accounts payables organizations or shared services to adjust to the flood of newly- created CFDI e-invoices from their suppliers;
  • Requires accounts receivables to use CFDI;
  • Affect companies with revenue of at least 250,000 Pesos, compared with the previous minimum of 4 Million Pesos.

“Multinatinals have no time to waste,” says Scott Lewin, CEO of Invoiceware International. “Review your financial processes in Mexico, and understand the effects on accounts receivable and accounts payable. Understand the technical requirements and how ERP will be affected in terms of implementation and delays.  Then, meet with vendors to understand the options. We are encouraging organizations to have a team focused on implementing these new mandates before the end of June 2013.”

You must login or register in order to post a comment.



Image Galleries

Five Wearable Manufacturing Technologies of the Future

Video applications, Employee Monitoring, Field service, Plant monitoring, Improving employee safety.

For more manufacturing insights, visit



Assurance of Supply: A Top Concern for Manufacturers

Every manufacturer has an assurance of supply problem to some extent due to the complexity of global sourcing. For years, manufacturers were blessed with high margins but margins have grown paper thin. You can’t fill up your distribution centers with excess inventory – not only is there a cost factor but the pace of business and consumer buying trends causes goods to quickly turn obsolete. Assurance of supply provides the speed and agility that is essential to being able to compete in today’s market.


Speaker info: Diane Palmquist, VP Manufacturing Industry Solutions


More Podcasts

World Trade 100 Magazine

wt100 cover december 2014

2014 December

Check out the December 2014 edition of World Trade WT100, featuring our cover story on Air Cargo, The Alliance Awards, plus much more!

Table Of Contents Subscribe

Transportation Capacity

As peak season has gotten underway, what is your experience with transportation capacity?
View Results Poll Archive


World-Class Warehousing and Material Handling, 1st Edition

Filled with proven operational solutions, it will guide managers as they develop a warehouse master plan, one designed to minimize the effects of supply chain inefficiencies as it improves logistics accuracy and inventory management - and reduces overall warehousing expense.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.


Use our interactive maps to locate service providers across North America.Interactive Map

Logistics Development Partners 

IWLA Members