Hi Lakshmipathi
Thank you for your mail. I had referred to this note earlier, but was not able to identify how the solution for MX would address the PoD issue.
- We use the Enhancement pack 5 feature which allows you to post a goods issue which posts to a stock in transit account. Once a PoD has been processed, this allows you to now create an invoice for the customer and posts to Cost of Goods Sold Account.
- However, for Mexico, the requirement is that an invoice is created in the system and sent for authentication to the SAT and imbed the digital seal on the invoice before the goods can be dispatched ( the invoice has to accompany the goods ). This would mean that you will need to create an invoice in the system, but which now negates the PoD concept which holds creation of the customer invoice ( and hence recognize revenue ) unless the goods have been received by the customer.
Do let me know what you think. Inviting any inputs from fellow members if they would like to add any other insights into this issue
Regards
Rohit Zalani