TJC developed software to address the intricacies of extracting the necessary data to help you prepare for your local mandatory electronic filing. SAF-T (Standard Audit File for Tax) is the standardized report format introduced by the OECD and has been already adapted or customized by some European countries. Portugal, Poland (SAF-T JPK), Spain (Spain SII), Luxembourg (SAF-T FAIA), Norway, France (F.E.C.), and Lithuania are some of these countries and have made it a requirement for companies operating in their countries, with late or no submission penalties applicable.
Extracting the right data source, being confident that your data is consistent, submitting your reports to tight deadlines can become too tricky to manage all properly.
Come and see us at SAP Financials in Amsterdam, 14-16 June 2017 to find out how our solution can help you overcome these issues.