The Standard Audit File for Taxation (SAF-T)

The Standard Audit File - for Taxation (SAF-T) is a file format that specify how to package all the most important accounting data in a standard format. The SAF-T is a recommendation of the OECD’s Committee on Fiscal Affairs (CFA). The file format makes it easier for taxpayers to provide their electronic records to tax auditors in support of their tax return and for auditors to review accounting records.

There are currently three use for the SAF-T files:

• Auditing purpose. 
  Every Auditor or VAT inspector has the discretion to demand the file at the occasion of an audit. Accounting software should be able to generate the SAF-T file when auditors require it.SAF-T allows auditors ready-access to data to perform compliance and substantive testing.
• Archival purpose.
  The SAF-T format is used to store the accounting data for archival purpose. Accounting data  is therefore available over the times in a standard format. This use case is especially important for cloud service solution, that makes the data available only until they pay the subscription.
  Using the SAF-T file for archival purpose is a very intelligent way to have always access to the accounting data. 
  SAF-T is the standard archival format in Norwegian for companies with a minimun revenues.
• Analytics purpose.
  You can use the accounting data for analytics and reporting that your current accounting solutions does not offer.
• Moving data to other solutions.
  The SAF-T file allows companies that switch solution to more easily move their accounting data to other solutions. 

Per maggiore informazioni vai alla pagine Standard Audit File for Taxation (SAF-T) .