- Integrated System of Electronic Records (SIRE) is a new IT tool created by SUNAT in Peru.
- SIRE improves the preparation and management of electronic sales and purchase records.
- SUNAT will provide taxpayers with a proposal of records and monthly VAT return prior to submission.
- Taxpayers can review and modify the proposals if they disagree with the data.
- SIRE benefits include process improvement, ease of compliance, reduction of errors, security, and timeliness.
- The system allows access to information when needed.
- The review of errors and inconsistencies will happen during the current tax period.
- The use of SIRE will be progressive, with all taxpayers expected to use it by January 2024.
Source: auxadi.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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