The Standard Audit File: adapt your SAP Business One system to new regulations

The Standard Audit File: adapt your SAP Business One system to new regulations

By December 2016, small companies must adapt their IT systems to enable tax and accounting data to be generated in the form of SAF (Standard Audit File). We offer support in the preparation and implementation of SAP Business One changes that will allow for the new legal requirements to be met.

The new obligation has been in effect for large taxpayers (from 250 employees or an annual turnover of at least EUR 50 million) since as early as July 1, 2016.  Small and medium sized companies (SME sector) — this requirement will be applicable as of January 1, 2017 (a JPK_VAT file — a VAT purchase and sales register). If documentation is not submitted according to SAF, the provisions of the Fiscal Penal Code will be applied as in the case of failure to provide evidence in paper form.

SAF is a file with an agreed logical structure, in which a taxpayer is obliged to provide tax records and accounting documents at the request of the tax authority. The SAF structure is based on the current version of the SAF-T (Standard Audit File for Tax) file specification. SAF-T is a schema of data in the XML format, as proposed by the OECD in 2005 (updated in 2010).

The new regulations entail the need for relevant changes to be made in the financial and accounting systems of companies. To enable companies to adapt their systems on time, we offer:

  • for the customers using SAP Business One release 9.1 or higher — assistance in implementing the supplement delivered by SAP SE
  • for the companies using older releases (e.g. 9.0 or 8.82) — implementation of a dedicated extension that will allow for the generation of SAF compliant with the new tax regulations.

All companies using SAP Business One, regardless of its release, which are interested in our services in this area, are already welcome to contact us.

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