Mexico-Specific Setup and Processes

This table lists the country-specific setup and functionality for Mexico.

Setup or Process	Description
VAT processes for Mexico	In addition to setting up tax information in the base software, Mexico-specific setup for tax processing includes: VAT (value-added taxes) setup for payments and receipts. Processing VAT and the general ledger. See Understanding the Setup for Processing VAT on Payments and Receipts for Mexico. See Understanding VAT and the General Ledger for Mexico. The logic for validating tax IDs for customers and suppliers was changed in the Address Book Revisions program (P01012) for users in the Latin American countries supported by JD Edwards EnterpriseOne software. See How to Validate Tax IDs in Latin American Countries.
Supplier withholding	To work with supplier withholding in Mexico: Set up your system to work with supplier withholding, including UDCs, AAIs, setting up company constants, withholding concepts, withholding percentages, and so on. See Setting Up Your System for Supplier Withholding in Mexico, Enter vouchers with supplier withholding information. See Entering Vouchers with Supplier Withholding in Mexico. Process payments with supplier withholding information. See Processing Payments with Supplier Withholding in Mexico. Print the withholding certificate for the suppliers. See Generating the Supplier Withholding Certificate in Mexico. See Understanding Supplier Withholding in Mexico.
Cash basis accounting	You can set up base software programs in your system to use additional ledger types to work with IETU (Impuesto Empresarial a Tasa Unica) in Mexico. See Using an Additional Ledger Type to Work with IETU.
Electronic accounting	You can use JD Edwards EnterpriseOne Localizations for Mexico to generate and archive your accounting records digitally and to generate reports required by the fiscal authorities. In addition to setting up your accounting information in the base software, Mexico-specific setup for electronic accounting includes setting up the different programs and reports that the system offers: See Working With the Chart of Accounts (Catálogo) See Working With the Trial Balance (Balanza) See Working With the General Ledger Report (Pólizas) See Working With the Auxiliary Ledger by Account Program (Auxiliar de Cuentas)