Retailers are already implementing Big Data tools such as location intelligence and foot traffic analytics to understand consumer mobility patterns, measure foot traffic at each store, understand the performance of their outlets, and estimate competitor turnover.
A competitive analysis begins by defining the target and its scope, exploiting different sets of structured and unstructured data available thanks to innovative tools that help to identify and measure competing brands and estimate their sales.
With Big Data tools that help analyze large volumes of information like predictive models,location intelligence and mobility data, it's possible to generate a competitive analysis, which consists of identifying the main competing companies and estimating their turnover, quantifying their potential sales, identifying gaps in the market, predicting the cost of developing new products, discovering trends, among others.
The Ministry of Finance of Costa Rica tenders technological services in the cloud for the migration, operation, monitoring, support and maintenance of the system for receiving and validating electronic invoicing receipts.
With the aim of better publicizing the operation of the Single Declaration, it was agreed to postpone the entry into force of the document until May 7, 2019.
The entry into force of the Central American Single Declaration (DUCA) had initially been set for April 1, 2019.
From the statement of the Single Window for Exports of Guatemala:
Now customers who receive their digital receipt in Costa Rica will have eight business days, from the first day of the month following the transaction, to inform the Treasury of the rejection or acceptance of the invoice.
Prior to this modification, which was published by the General Directorate of Taxation on February 20 in the official newspaper La Gaceta, the client had eight working days from the time of receiving the electronic receipt to inform the Tax Office of the rejection or acceptance.
In Costa Rica, companies in the agricultural and fishing sectors will not have to use the mandatory electronic receipt system until October 2019.
The government has decided to postpone the entry into force of the electronic receipt system for these two sectors, with the aim of having more time to better implement the system and solve the problem of internet access that several producers claim to have.
In Costa Rica, more than 20 companies have complained that performance of the Ministry of Finance's electronic receipt system is very poor and that it collapses when companies such as telephone companies process receipts on a large scale at the beginning of the month.
Lack of Internet access in some areas of Costa Rica is hindering use of the electronic receipt issuance system, which in November must be implemented by all companies.
In March the Ministry of Finance reported that between September and November of this year all companies in the country had to start using the compulsory electronic billing system.
Between September and November of this year all companies in Costa Rica must start using the electronic invoicing system.
Those currently obliged to use the electronic billing and receipt system are companies and service providers in the sectors of health, accounting, legal, and from Monday April 2, joining them are taxpayers working in the fields of engineering, architecture and computer science and in Mayother activities such as geologists, geographers, biologists, and advertising services, among others. This obligation remains, it will not be affected by the new resolution.
Companies that operate under the free zone regime will be included in the list of companies required to use the electronic invoicing and receipt system, starting this year.
Authorities at the Ministry of Finance stated that in the coming days they will be make public a resolution with the inclusion of all taxpayers who until now have not been obliged to issue invoices electronically.
Starting from March 1, law firms, notaries and legal advisors, as well as other professionals and legal services must be ready to use the new electronic receipt system.
"...Representatives from the Costa Rican Association of Public Accountants, suppliers and the business association GS-1 point out that the system's initial difficulties have been overcome.However they still advise that both the taxpayers in the legal sector and those who need to start using the electronic invoice in April and May, should prepare themselves in order to avoid inconveniences due to the saturation that occurs at the moment of registering in the Virtual Tax Administration system (ATV)."
Starting from January 15, 2018 all clinics, medical centers, private hospitals and veterinary services must have the new electronic billing system ready.
From a statement issued by the College of Certified Public Accountants:
November 2017The new year will bring with it the implementation of the electronic receipt system.
A free virtual seminar has been organized for July 4, on the topic of implementation of the Central American Single Declaration.
A free webinar organized by the Secretariat for Economic Integration (SIECA) entitled "Implementation of the Central American Single Declaration (DUCA)", and will be held online on July 4, from 9 am to 11 am.
An amendment to the regulations of the income and sales tax laws, which will allow companies to issue electronic invoices in dollars, is in process.
The deputy minister of finance, Fernando Rodriguez, told Nacion.com that the purpose of the amendment is to adjust the regulations to the reality of the country, since"... if the laws allow transactions to be made in dollars, then we will allow invoices in dollars".
It has been announced that from March a group of large taxpayers will have to start using the electronic billing system mandatorily.
According to the Directorate General of Taxation, they will begin with a group of companies considered large taxpayers, who have already received training to implement the use of electronic invoices starting from March.
O4Bi is a system that allows to control and manage what a company needs: the complete process of development of works, accounts receivable, treasury, banks, sales and accounting.
O4Bi is a very robust system that allows to control and...