Most multinational enterprises (MNEs) have one or more subsidiaries operating in countries where SAF-T reports are mandated. Is it possible for MNE’s to have an efficient process for producing these compulsory government reports like SAF-T report for Portugal, France’s Fichier des écritures
TJC Group recognizes the need for a single solution for all SAF-T country reports requirement so MNE’s will save resources, have confidence in data integrity, and have a consistent approach across all subsidiaries’ SAF-T reports. We started working on a solution for producing SAF-T OECD reports in 2010. Over the years, we added country versions as and when their government announces the new obligations for tax audit reports (i.e. France (FEC: Fichier des écritures
We aim to develop a SAP ABAP Add-On solution that will enable companies to extract, validate, and analyse the data
Country tax administrations will continue to apply pressure
Therefore, it’s not surprising that three more countries will be implementing mandatory SAF-T reports very soon: Spain, Poland, and Norway. On 1 September 2016, SAF-T for Poland/JPK (Jednolity Plik Kontrolny) reports will need to be submitted by Polish taxpayers with over 250 employees or €50 million in sales revenue. The Norway government has also asked their taxpayers to comply with the submission of SAF-T reports.
We are already working on the country plugin for SAF-T JPK for SAP users and this will be ready by Summer 2016. Spain and Norway country plugins come next.
To have an overview of our SAF-T solution, please download this information sheet.