SAF-T in Austria (SAF-T AT)
What is SAF-T in Austria?
Austria introduced its own Standard Audit File for Tax, or SAF-T, in 2009.
With the decree of 20 March 2009, BMF -010102 / 0002-IV / 2/2009, the previously permissible data formats were expanded to include the XML format in the form of the SAF-T. The SAF-T is developed by the OECD. It contains transactional data exported from an accounting system. Both the data format and content are specified by the XML Schema Definition (XSD).
Businesses are not required to transmit SAF-T reports periodically on a monthly or annual basis. In Austria, SAF-T is used as an on-demand audit file and is prepared when requested by the Austrian tax authority in connection with a tax audit or inspection.
The tax authority lets businesses know when they need to prepare the electronic SAF-T document for inspection. Businesses must be technically ready to create it in electronic XML format and present it to inspectors promptly.
It should be noted that incorrect data reporting or failure to submit the SAF-T may result in fines or criminal liability for taxpayers.
The required file structure on SAF-T AT is:
- Header
- Enterprise master files, including General Ledger, Customer, Supplier, Owner master files, and related records
- General Ledger Entries
- Inventory Stock Levels
- Source Documents
- Asset Statement
SAF-T AT should therefore be described as an audit-focused electronic data file rather than a recurring tax return or periodic reporting obligation.
How SNI solution can help you with SAF-T AT in Austria?
The SNI SAF-T Austria solution is designed to support businesses in meeting Austria’s tax audit and reporting requirements through a flexible and configurable structure. The solution includes customizable tables that can capture the relevant accounting and transaction data required by the Austrian tax authorities when requested. These tables can be mapped according to your business processes and ERP structure, ensuring smooth integration with local compliance needs. By using this configuration, the solution enables the preparation of structured reports in the required format, helping businesses respond efficiently to tax authority requests. All generated reports are collected and displayed in a user-friendly cockpit, making it easier to manage, review, and track compliance activities. With the SNI SAF-T Austria solution, your business can stay prepared for Austrian tax reporting and audit requirements.