Generating Mexico Electronic Accounting File (Mexico Compliance SuiteApp)

With the Tax Audit Files SuiteApp, you can generate the Mexico Electronic Accounting File in XML file format.

Important:

Make sure that you have completed the prerequisite tasks before generating the Mexico tax audit files. For more information, see Mexico Electronic Accounting File (Mexico Compliance SuiteApp).

NetSuite provides the following Mexico tax audit files:

Mexico Chart of Accounts (XML) – Report that includes chart of accounts used in the period, with account group codes as defined by SAT.
Mexico Trial Balance (XML) – Report that includes the trial balance with beginning balances, movement for the period, and ending balances for each account.

Note:
The generated Mexico Trial Balance XML file only shows the balance for the selected account. Balances for sub-accounts will not be consolidated into the generated XML report.
Mexico Complementary Trial Balance (XML) – Updated trial balance that includes opening balances, movements during the period, and final balances of each of the accounts corresponding to assets, liabilities, capital and reserves, and re2sults (revenue, costs, expenses).

The generated XML report shows ‘C’ as the value for the ‘TipoEnvio’ tag. The tag ‘FechaModBai’ is also reflected, which refers to the date when the XML was generated.
Mexico Journal (XML) – Report that includes journal entries in the accounting records, with transaction details.
Mexico Auxiliary Report of Accounts (XML) – Report that includes chart of accounts used in the period for auxiliary accounts.

Important Things to Note:

Active or inactive accounts with assigned SAT group codes and with balances are included in the Mexico Chart of Accounts, Mexico Auxiliary Report of Accounts, Mexico Trial Balance, and Mexico Complementary Trial Balance.
Active or inactive accounts with assigned SAT group codes but have a 0.00 balance are included in the Mexico Chart of Accounts, Mexico Auxiliary Report of Accounts, Mexico Trial Balance, and Mexico Complementary Trial Balance.
Active or inactive accounts without assigned SAT group codes are not included in the Mexico Chart of Accounts, Mexico Auxiliary Report of Accounts, Trial Balance, and Complementary Trial Balance. For information on mapping SAT group codes, see Mapping Account Group Codes for Mexico Chart of Accounts.

Ensure that you first configure your TAF Enhanced Trial Balance Saved Reports before generating tax audit files. For more details about generating tax audit files, see Generating a Tax Audit File.

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