OECD SAF-T
Background
SAF-T stands for Standard Audit File – Tax.
SAF-T is a standard defined by the OECD and is already implemented in several countries in Europe. Some countries have implemented the full package, while others have only partially implemented SAF-T.
Denmark has chosen to implement the full package with 19 data areas, while e.g. Norway has implemented 7 data areas.
We have extensive experience with implementing SAF-T in Norway with complex companies and with large amounts of data.
The full package that Denmark has chosen to implement will mean even greater demands on the system in terms of data delivery and speed.
For more information about the specific requirements, see the executive order from the Danish Business Authority in the link below.
axsolutions SAF-T for Microsoft Dynamics AX & Microsoft Dynamics 365 FO
axsolutions has developed a module in Microsoft Dynamics AX / Microsoft Dynamics 365 FO that supports the full package with all the legally required formats.
The module supports all Dynamics AX versions from AX3.0, AX4.0, AX2009 to AX2012. We are also ready with a version for Dynamics 365FO. We follow the applicable legislation and continuously adjust the product with the latest experience and changes in the legislation as well as new functions in cooperation with the customers.
axsolutions helps to ensure that the customer can create a SAF-T file that can be validated and meets the applicable legal requirements.
Once the module is installed, we are happy to help the customer update the master data and ensure that the reported data can be validated by the official validation programs.
We work together with the customers’ auditors and ensure that the auditor’s comments are verified and data corrected if necessary.
Should the authorities raise objections, contrary to expectations, we will be happy to help get the customer’s SAF-T data approved.
We listen to the customers’ wishes and include the needs and functions that will be applicable to most of our customers.
We take no legal responsibility for any errors and omissions in connection with the module.
axsolution’s SAF-T solution currently supports the local requirements set in Denmark, Norway, Portugal, Romania and Poland. axsolutions’ solutions are in independent tables and screens and have no direct corrections in the standard Dynamics application.
axsolutions offers a package solution with help for all needs in connection with the implementation and the needs that come after the implementation. We believe in long-term relationships where we help and support the customer.
SAF-T is a reporting tool that is required by law and is continuously adjusted according to applicable legal requirements. It is therefore important that it is maintained so that it meets the applicable requirements.
When implementing
In connection with implementation, we provide the following:
· Install the module in consultation with your IT department or dealer
· Sets up parameters together with the customer’s employees
· Trains your employees in the use and setup of the module
· Carry out one or more tests of data export together with you
· Performs a validation with approved validation applications
· Review results and correct your data to the extent possible and necessary
· Review the SAF-T files with your accountants
After implementing
When the module is installed, we provide the following:
· Takes conversations with the tax authorities
· Takes interviews with the accountant
· Keep an eye out for new versions
· Keeps an eye out for new standard data
axsolution’s SAF-T solution currently supports the local requirements set in Denmark, Norway, Portugal, Romania and Poland.
axsolution’s solutions are in independent tables and screens and have no direct corrections in the standard Dynamics application.
We take no legal responsibility for any errors and omissions in connection with the module.