Stay compliant with Panama authorities within SAP Document and Reporting Compliance
Partner solution extending SAP Document and Reporting Compliance to support Panama electronic invoice submission. The communication happens between SAP ERP or SAP S/4HANA and Panama third-party integrator (via SAP Integration Suite) acting on behalf of the Panama government.
Benefits
Having the same user experience to manage e-invoice globally & centrally
Same transaction code in SAP Document and Reporting Compliance, same user experience to manage globally and centrally all requirements related to e-invoice, built-in standard functionality, and extensibility resources support e-Invoicing with the same technical architecture, in countries like Peru, Chile, Mexico and now Panama. Strong Document and Reporting Compliance framework, reusable components enable to user multiple solutions in parallel.
Adopt SAP Document and Reporting Standards to your electronic documents
Using SAP Standards and best practices to your process about electronic documents. Source document concept, all billing documents integrated within one monitor (domestic and export transactions coming either from Finance or Sales modules) being a cross industry solution.
Be always in compliance at following the local legal mandates
Stay in compliance with Panama electronic invoice new mandate current regulation, having up-to-date changes in formats and requirements in Panama in the case of legal changes from tax authority (DGI) are released.
Secured communication with Third Party-via SAP Integration Suite
Highest security SAP Business Technology Platform to comply with the format and communication requirements from Governments, Financial Service, Providers, Customers. Third Parties which assures the integrity and protection of the information shared.
Features
Comply with current e-invoice regulation
Comply with Decree No. 119/2018/ND-CP from DGI. The solution supports National Legal requirement, which defines regulations on e-invoices when selling goods and service provisions, including content, time, format, and e-invoice applications. Provide services, manage e-invoices, build, and manage databases, and organize service providers.
Comply with required format, fiscal control, and communication
XML formats are generated and transmitted as defined by DGI. Through SAP Integration Suite, the third-party local integrator will receive, validate, and approve electronic invoices on behalf of the DGI. Once approved, the CUFE code returns and updates the e-invoice cockpit.
XML response with digital signature
XML response incudes and shows digital signature from tax authority, in case of Panama PAC (third party authorized integrator) will provide the electronic stamp in behalf of DGI
Plans and pricing
Panama electronic invoice SAP Reporting Document Compliance implementation
Extended electronic invoice platform within SAP system
Comply with current Panama e-invoice regulations
Extended e-invoice platform within SAP Document and Reporting Compliance
Comply with current Panama e-invoice regulations
Comply with required format, fiscal control, and communication
XML response with digital signature stored in SAP Document and Reporting Compliance
Extended electronic invoice platform within SAP system
Comply with current Panama e-invoice regulations
Extended e-invoice platform within SAP Document and Reporting Compliance
Comply with current Panama e-invoice regulations
Comply with required format, fiscal control, and communication
XML response with digital signature stored in SAP Document and Reporting Compliance
