Technology has definitely become a loyal ally of organizations, especially when it comes to productivity. This trend has gained such momentum that acc a recent SERES study, Electronic invoicing has developed into an essential axis in the business relationship in recent years, piece by piece on paper.
In the case of Latin America, the study indicates that countries such as Chile, Brazil and Mexico are both regional and global leaders in e-invoicing. Currently, the use of the invoice in digital format is mandatory even in Brazil, Mexico, Chile, Peru, Ecuador, Argentina, Uruguay and Guatemala.
How to implement electronic invoicing?
To issue the electronic invoice, taxpayers can use special software or use free means, as is the case in some countries. In the case of the Ministry of Finance and Public Credit of Mexico, as in Argentina, it offers free software that can be billed through an AFIP (Federal Public Revenue Administration) web service.
It is important to note that SBecause it is a simple process, e-invoicing is subject to the regulations of the countries that implement it.
So in case of Colombiathrough the Decree 2242 of 2015that The national government has regulated the conditions for electronic invoicing. This new law establishes the electronic invoice as a document equivalent to the sales invoice.
other hand in chili The electronic tax document has a penetration of more than 50% of the receipts and is in the process of transition to reach the whole in 2018.
What are your main advantages?
The main advantages of e-invoicing include not only the possibility of cost savings through less paperwork, but also the following advantages:
- Facilitates access to tax data for audit processes.
- Ensures the protection of data and documents.
- Accelerate finding information.
- Reduces the likelihood of data corruption
- Reduce errors when creating, capturing, delivering and storing invoices.
- Record the time and date the digital tax document was issued.
- Facilitates the calculation of taxes in companies