Requirements for Mexico

For customers to use Financials & Supply Management in Mexico, Infor must meet the various statutory, legal, and cultural requirements of the country.

For general setup requirements, see General configuration of the application for Mexico.

This list shows the requirements that are specific to Mexico customers:

  • Accounts receivable and sales
    • Direct electronic sales invoicing
    • Sales returns
    • AR customer receipt
  • Auditing and reporting
    • Electronic audit files
  • Banking
    • Bank account format
    • Credit transfers
  • Fixed assets
    • Depreciation methods
  • General ledger
    • Multilevel, national, or double chart of accounts structure
  • Taxation
    • VAT cash basis
    • VAT declaration
    • Multiple exchange rates per invoice
    • VAT partial
    • Tax ID format
    • Global withholding tax
    • VAT tax refund
    • Tax recovery
    • VAT credit
    • Customs duty
    • VAT on purchase order
    • Withholding tax reporting
    • Excise duty
    • VAT reverse charge