Among the many Latin American Nations, Peru made the fastest progress in using the electronic invoices. According to the national custom and tax administration, this is one of the last countries that have issued a million documents through the electronic issuance system (SEE).
Since 2000, the electronic invoices is legal but mandatorily used since 2014. By 2015, the Peru-based companies implemented an e-invoicing system linked to the database of the Peru’s tax authorities.
The invoicing system in Peru implemented after Brazil, Argentina, Chile, Colombia, and Mexico.
Brazil comes up with the highest penetration of electronics invoices in business to business (B2B) and business to Government (B2G). These countries improve efficiency, reduce errors, security as well as cover environmental benefits when opting for e-invoicing.
Mexico brings the positive results in the adoption of e-invoicing eliminating the generation, archiving, distribution, collection, and reduction in the use of paper.
The regular estimates prove that nearly 5,970 Peruvian companies access the electronic format. The electronic invoices hold a lot of solutions from cost reduction, payments and collection management to access new invoicing solutions.
A list of 12,300 companies in Peru will be obligated by 2016.
By 2018, paper invoices come to an end!!!
Manage the invoicing requirements with an online invoicing software like Invoicera. Get to know interesting features from automation of invoicing process, recurring and auto billing, credit notes management to custom domain for your business and much more.