Norway Standard Audit File for Tax (SAF-T) Financial
This page only contains a brief overview of actions required for the Norway Standard Audit File for Tax (SAF-T) Financial report generation. For detailed descriptions of all requirements, see Norway Tax Reports.
The Norway SAF-T is a standard file format for exporting various types of accounting transactional data in XML format. The report structure is based on the SAF-T standard format by the Organization for Economic Cooperation and Development (OECD).
Submitting this report is required upon request in connection with an audit. This applies to all companies with a turnover exceeding 5,000,000 Norwegian Krone (starting January 1, 2020).
To successfully generate the Norway Standard Audit File for Tax (SAF-T) Financial report, do the following:
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Enable all required features, install all required SuiteApps, and make sure that all required fields are available. For more information, see Setting Up the Norway SAF-T.
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Map your Chart of Accounts. The mapping must be based on the standard account mapping or on the income statement mapping. For more information about account mapping, see Chart of Accounts Mapping to Norway Standard Accounts.
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Map the subsidiary’s tax codes to its corresponding Norwegian SAF-T standard VAT codes. For more information, see Tax Codes Mapping to Norway Standard Tax Codes.
After all this is done, you can start generating the reports. To learn more, see Generating the Norway Standard Audit File for Tax (SAF-T) Financial.