All companies who are VAT registered, achieve a minimum target revenue, and have operations listed in countries such as – Portugal, Poland, Spain, Luxembourg, Norway, or in countries that will be enforcing SAF-T mandatory requirements – will be required to submit local SAF-T reports at a strictly set timeline to the country’s tax administrators.
TJC SAF-T software enables enterprise customers to meet this mandatory reporting in many of the countries requiring the SAF-T submission. It gives full administrative control to the SAP Centre of Excellence (or SAP CC) while allowing local functional teams to manage the complete process and meet submission deadlines.