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Indirect Tax

Sovos Docs

September 19, 2024

The following updates in VAT Filing will be released in UAT on September 19, 2024, and in PRD on September 23, 2024.

New and improved

Child Accounts
  • Child accounts can't have other child accounts.
  • Child accounts can't edit report settings.

Run Analysis (Beta)
We have replaced the legacy Run Analysis page with the new page.
Reconciliation Rules (Beta)
We have replaced the Reconciliation and Reconciliation Plans pages with the new page.
My Profile and Permissions Pages
  • We have replaced the legacy My Profile page with the Permissions page and made it match the Sovos Identity profile page.
  • We have changed the title of the Notifications page to Notification Preference.

Returns (Beta) - Return Form
We have added an information tab under Return Form on the Returns (Beta) page.

Bug fixes

Override Flex
We have fixed a problem with Override Flex behavior when importing API invoices.
Companies
We have fixed an issue affecting the company deletion process for users with the account administrator role.

Regulatory updates

Mexico
We have added new tax codes for Anexo R21 Impuestro Valor Agregado:
  • MX110004-Purchase-I-RR1-Domestic purchase of trade goods intended for taxable transactions.

  • MX210004-Purchase-I-RR1-Domestic purchase of trade goods intended for taxable and exempt transactions.

  • MX115004-Purchase-I-RR1-Domestic purchase of services intended for taxable transactions.

  • MX215004-Purchase-I-RR1-Domestic purchase of services intended for taxable and exempt transactions.

  • 110004MX-Sale-O-RR1-Domestic sale of trade goods.

  • 115008MX-Sale-O-RR1-Domestic sale of default service.