Until when can I accept an invoice to use the tax credit?
Posted: Wed Jan 22, 2025 9:47 am
The Internal Revenue Service (SII) recently announced a change in the way Value Added Tax (VAT) is declared, which will be done online starting this month. These changes are contained in Resolution No. 61.
We know that these changes always cause concern, so we want to avoid future headaches and help you in this transition.
Invoice acceptance times
Any invoice that does not have an acceptance made before the last day of the month at 11:59 p.m. will not be added to the registry and therefore, cannot be used as a tax credit until the following month.
After 8 days of receiving an invoice, it is automatically botim database accepted in the SII, so no additional action is necessary. I do have to worry about invoices received during the last 8 days of the month (because if I don't accept them, they will be automatically accepted the following month).
Issue your invoices with Bsale
From what day do I have to worry about reviewing the invoices sent?
This day varies depending on the month: in months that have 31 days (January, March, May, July, August, October and December) it is the 23rd, in months that have 30 days (April, June, September and November) it is the 22nd and in February it is the 21st.
Calendar for reviewing invoices
You must always be attentive to the acceptance of the documents received during the days with
During February and the months that do not have a 31st day (April, June, September and November) you should be alert beforehand, on the days with
Bottom line: During the last 8 days of each month, be sure to keep an eye out for the acceptance of your incoming documents so you can use your tax credit that month.
We know that these changes always cause concern, so we want to avoid future headaches and help you in this transition.
Invoice acceptance times
Any invoice that does not have an acceptance made before the last day of the month at 11:59 p.m. will not be added to the registry and therefore, cannot be used as a tax credit until the following month.
After 8 days of receiving an invoice, it is automatically botim database accepted in the SII, so no additional action is necessary. I do have to worry about invoices received during the last 8 days of the month (because if I don't accept them, they will be automatically accepted the following month).
Issue your invoices with Bsale
From what day do I have to worry about reviewing the invoices sent?
This day varies depending on the month: in months that have 31 days (January, March, May, July, August, October and December) it is the 23rd, in months that have 30 days (April, June, September and November) it is the 22nd and in February it is the 21st.
Calendar for reviewing invoices
You must always be attentive to the acceptance of the documents received during the days with
During February and the months that do not have a 31st day (April, June, September and November) you should be alert beforehand, on the days with
Bottom line: During the last 8 days of each month, be sure to keep an eye out for the acceptance of your incoming documents so you can use your tax credit that month.