YOUR TAX COMPLIANCE FOR BUSINESS AND ACCOUNTING
What is SAF-T?
SAF-T (Standard Audit File-Tax) is a standard format for the exchange of accounting data, developed jointly by the Skatteetaten, industry organizations and system suppliers following recommendation from the OECD. The standard format specifies the accounting data to be exchanged and the structure of the data. It is thus a format and a method for exporting the accounts to your business.
Reporting in the SAF-T format became mandatory for businesses with a turnover of five million kroner or more, as well as book-keepers with electronic storage of accounting documentation, in January 2020. These must be presented in the event of a possible inspection by the Tax Authority.
We in Axdata has developed an additional solution which, through a simple and efficient setup, makes the job of handling the statutory requirements for SAF-T reporting less time-consuming and complicated. We have a solid background from the implementation of SAF-T projects for Microsoft Dynamics 365 & Dynamics AX, and have assisted more than 50 SAF-T customers to date.
Axdata's SAF-T reporting solution is designed for all versions of Dynamics AX and Dynamics 365 Finance. This also includes the versions that Microsoft does not support.
In addition, we help you implement hotfixes, we advise and help set up ERP systems, so that you are ready to deliver the right data in the right format to the tax authorities.