CFDI (Comprobante Fiscal Digital por Internet or Digital Fiscal Document through Internet ) is an invoice that contains both the signature of the issuer and the signature of a (Authorized Certification Provider) PAC, Since 2011 most invoice in Mexico are generated in a CFDI’s format.
The issuance and stamping of CFDI’s is a challenge for the taxpayer during the payroll cycle. This process can be problematic as it goes beyond mere technological or IT issues. The main challenges are two fold: firstly, the process involves ‘stamping the payroll’ which is performed by a 3rd party , an Authorized Certification Provider (PAC) , as stamping is overseen by a third party it can be very difficult to rectify any errors after the fact; therefore, the second challenge is to establish robust controls that allow supervision and validation of the quality of information to be sent to the SAT (Servicio de Administracion de Tributaria or Tax Administration Service) during data input and prior to sending.
Failure to establish such controls for care and analysis before and after the stamping, leaves employers exposed to considerable uncertainty. If the information received by PAC authority on behalf of workers is inaccurate companies could face different problems, such as:
• CFDI Duplication.
• RFCs not listed on the SAT bases.
• Rejected CFDI.
Such events would result in the risk of total or partial NO taxability of the payroll expense.
Nomitek CFDI Secure
Nomitek's flagship product offers innovation that mitigates 100% of problems arising from the processing of CFDIs:
• Late payslip stamping
• Client's error, such as omitting to report concepts required to be stamped, including settlements, compensation, retirements, travel expenses, insurances, etc.
Armored CFDI Collation Options:
Deliverables included:
This service provides the UUID identification that corresponds to each employee in each pay cycle.
Deliverables included:
Summary CFDI Collation Vs payroll cycle records under review.
UUID assignment Detail of the CFDI per employee and pay cycle.
ISR Collation. Comparison between the ISR withheld on the payroll and what is being reported to the SAT in the CFDIs.
Payroll Detail. Comparison between the payroll and the CFDI content.
CFDI Content. The content of the CFDIs and the payroll records are collated.
Analysis of groupers. Review of the CFDI keys Vs. SAT catalogs.
Auxiliary folio data. Information regarding the necessary data to generate the auxiliary folio report (this does not include the layout for the SAT).
RIPYREM. It is the Comprehensive Report of Earnings and Withholdings for Employees. A single report is generated for each employee.
Deliverables included:
In order to provide you with a comprehensive solution, Nomitek has developed a more comprehensive battery deliverables for the CFDI process. In addition to the eight reports provided in the Platinum Service described above, the Diamond service includes the following:
Digital Stamp Certificate (CSD) Shows the period of validity of the CSD provided for the stamping process. It is very useful to avoid the risk of non-taxability for not stamping if such CSD expires.
FIEL.Shows the period of validity of the FIEL and the different CSDs that are “ACTIVE” in the SAT. This information is of great relevance considering that if the FIEL expires, the only alternative for its renewal is in person at the SAT offices by appointment, which may take weeks or even months..
IMSS.- Collation between what is being withheld on payroll and what is being reflected in the CFDIs regarding Social Security labor quotas, INFONAVIT loans and INFONACOT loans.
Accumulated.- Detail per month of the different payroll concepts (Does not include provisions). It is extremely useful for the reports that are required for the IMSS ruling.
Taxed and exempt.- It is necessary to comply with the provisions of Rule 3.3.1.29 and Art. 28 F. XXX of the Income Tax Law for the determination of the taxable proportion of the exempt.
SAT Vault.- It is the validation so that there are no divergences between the PAC's CFDI database and the SAT.
VISOR.- It is the validation between the Payroll ISR Vs the ISR reported on the CFDI and the provisional payments.
Do you want to contact us? Email us and our experts will contact you back shortly.
*Required fields