Electronic invoicing: When will it be implemented?

In the next five years the Dian will be adding to the digital transformation documents such as the remittance note, accounting books, payrolls, receipts and remittance vouchers.

In two years Colombia will have fully implemented electronic invoicing. Although the obligation will begin to operate in Colombia on January 1, 2019 and by September of this year some 3,500 large taxpayers should already be operating with the new modality; it is expected that the measure will not be fully operational until 2020, when POS and sectorial invoicing will be included.

According to Alberto Redondo, SERES Marketing Director for Iberia and LATAM, the transition time from paper to electronic is actually one to two years. Experience in other countries shows that, normally, making the move to mandatory electronic invoicing is simply the basis for a much more ambitious project in which governments end up driving the use of more electronic documents and vouchers.

“Taking into account examples such as Mexico, Brazil or Peru, it is most likely that in the next five years the Dian will be adding to the digital transformation documents such as the remittance note, accounting books, payrolls, receipts and remission vouchers, etc.”

Source: Actualícese