CFDI changes 2017: New CFDI version 3.3 and payment receipt complement
On December 5, 2016, Mexico’s Tax Administration Service (SAT) brought forward the release of two technical specifications that will result in updates to the CFDI from 1 July 2017.
As we reported previously, these updates are designed to ensure a better experience of using e-invoicing and to remedy incidents that are detected over time with the application of this system.
On one hand, the announcement features the technical specifications of Annex 20 in its 3.3 version. This new version will coexist with the current version 3.2 simultaneously in the first half of 2017 to facilitate adaptation. This aim of this CFDI upgrade is to promote the quality of the information contained in the CFDI to enable more effective exploitation, opening the door to future simplifications of procedures or eliminating reports.
What are the changes in the new CFDI version 3.3?
The new version includes changes in structure, data format, data features and data pools/catalogues, as well as in validations and calculation rules. Specifically, we highlight the following changes:
New validation rules are applied to check the coherence of the data and prevent possible errors.
Twenty-three catalogues will be used to improve data accuracy, some of them internationally accepted. Through these, the information for certain fields will be designed.
The existing information will be integrated with the billing process, so that when submitting returns, some fields will be displayed prefilled.
How does the CFDI payment receipt complement work?
On the other hand, payment receipt complement version 1.0 must be included in the CFDI issued to confirm the receipt of payments in partial instalments and in those cases where the amount due is received in a single payment, but this is not covered when CFDI was issued, even in the case of credit transactions which are fully paid at a later date than that of issuance of the corresponding CFDI.
This version also comes into force on 1 July 2017, but management or accounting systems will need to be technologically adapted to link payments with their respective bills.
e-Invoicing improvements in Mexico
The SAT is constantly updating and changing its e-billing schema to improve data consistency and process automation and provide greater control of tax accounting.