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The changes and updates applied to CFDI 3.3 are driven by SAT analyses and studies carried out to improve and evolve e-invoicing in Mexico. This version comes about due to the need for a new CFDI structure and schema to improve the quality of information received by the SAT and make it easier for taxpayers when it comes to sharing the data with the Tax Authority.

The outcomes of the SAT analysis can be seen in the CFDI 3.3 savings infographic.

Recently, the SAT extended the coexistence period for CFDI 3.2 and CFDI 3.3 until January 1, 2018.

What savings does CFDI 3.3 bring?

Rolling out the new version affects the analysis of the entire CFDi issuing flow, from the capture of data from the recipient to the return statement of VAT due for payment.

  • First of all, when capturing the receiver’s data, only the RFC is required, which saves half the time.
  • Second, when it comes to identifying the author of the deposit and matching with liquidated invoices, the client may request the Payment Complement for the invoices indicated, which will facilitate the process, considerably shortening the time taken.
  • In third place, when the Payment Complement request is received, the origin of the resource will be known and this will reduce the number of unidentified deposits in bank reconciliation statements.
  • Finally, in the validation and calculation of the tax rates to be declared, the calculations will be validated by the PAC with CFDI version 3.3, which entails a saving in time.

In total, the time saved is 15 minutes per operation, with an economic saving of $14.50 per transaction.

In parallel, there are other additional savings from PAC validations in CFDI 3.3, as there is no longer any need to reissue the invoice in the event of wrong RFCs or incorrect calculations and the payment of possible cancelled invoices is avoided.