The Mexican model involves a consolidated digital e-invoicing system that is 100% mandatory for taxpayers and companies generating more than 250,000 MXN annually.
The e-invoicing process main goal is to validate tax documents prior to forwarding to the Tax Authority (SAT).
Rydoo complies with this requirement by allowing users to submit a CFDI file and sending it to our PAC (Authorized Certification Provider) partner to validate that it meets the corresponding certification requirements and issuing the corresponding tax stamp validating the structure of the invoice.
How does it work?
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Once user obtains a PDF and XML file from the merchant, he forwards these files to Rydoo at receipts@rydoo.com.
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Rydoo sends CFDI to PAC partner in Mexico, to forward it to the SAT, Mexican Tax Authority who checks, immediately, that the electronic file created meets all requirements.
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Expense in Rydoo gets labeled with the response received from the SAT. These are the four different labels shown:
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Valid
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Invalid
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Pending
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Duplicate