Electronic Billing Obligatory in Guatemala

©image: juliomarcoss

The “special taxpayers” group includes some 2.000 medium and large companies which account for 75% of the country's tax revenue.

“This allows companies to save costs related to paper and storage space. The tax authority (SAT), must authorize them to conduct electronic billing”, reported Prensa Libre.

Supermarkets and restaurants may continue to use physical invoices, but the accounting copy must be electronically stored.

Source: prensalibre.com

More on this topic

Guatemala: Electronic Billing for Large Enterprises

August 2011

Large taxpayers must issue electronic invoices, according to a Tax Administration bill.

Starting next year, companies who issue between 1 million and 100 million invoices per year must comply with the new regime, and each month groups with smaller ranges will be added, ending in 2013.

Mandatory Digital Invoice For Large Taxpayers

January 2012

Before the end of 2012 the largest contributors are required to issue electronic invoices according to the disposition of the Guatemalan Tax Administration.

The obligation extends to companies that emit more than 1 million invoices per year. Gradually those with between 1501 and 3,000 a year will be incorporated . The process ends in March 2013 with the addition of issuers of between 0 and 500 invoices per year.

Electronic receipts enabled in Guatemala

September 2008

The issuing of electronic receipts is now possible with the authorization of the agencies that will be in charge of its implementation.

Julio Villeda, superintendent of the Tax Bureau, commented that only one company, Guatefacturas, has completed the authorization process. However there are more that are in process and five of them could possibly be certified within a month and a half.

Costa Rica: 3 Companies Use Digital Invoices

November 2009

In Costa Rica, three companies are using the electronic invoices system: Automercado, Cefa and Softland.

This regulation was proposed by GS1, together with the Treasury Ministry.

"Softland (formerly Exactus), included an electric invoices module in their ERP system one year ago, and started using it with their customers", reports Elfinancierocr.com.