What is Standard Audit File for Tax (SAF-T)?

SAF-T, introduced by OECD, is a file containing reliable accounting data exported from an accounting system for a specific time period. It has become a standard audit application in many OECD countries. The goal is to identify and eradicate the non-compliance in tax reporting. SAF-T has brought significant benefits to governments and taxpayers. Reduced costs and audit durations, and increased effectiveness are some of them. SAF-T is easily readable thanks to its standardized layout and format, and extensible according to need.

SAF-T in Luxembourg (FAIA)

Luxembourg introduced SAF-T in 2011. It is mandatory to report on demand prior to an audit for companies with VAT compliance obligations. The reporting threshold is revenue of €112,000 per year.

FAIA is based on OECD’s SAF-T Version 2.0. It includes:

- Header

- Masterfile (General Ledger Accounts, Customers, Suppliers)

- General Ledger Entries

- Source Documents (Sales Invoices, Purchase Invoices)

Principally the format is XML. There are three schemas:

1. FAIA Full Schema: for the majority of companies with a full accounting software packages.

2. FAIA Reduced: for businesses using separate accounting and invoicing software.

3. FAIA Reduced B: only using accounting software.

How Can SNI Help You?

- A single partner for all countries:
At SNI, our primary objective is to be the global partner to help our customers remain compliant in this new digital world.

- End-to-end solution all three major steps in one single SAP add-on:
SNI covers all three 3 main layers for digital tax reporting and regulatory compliance

SNI SAF-T Solution Architecture

Support for a long-term relationship

Main Features of SNI add-ons

  • - Fully integrated into SAP without an external interface or use of external software
  • - Globally registered «/SNI/» namespace for all objects
  • - SAP Version independent. Supports SAP ERP 4.7 and higher and also S/4HANA versions
  • - SAP release and upgrade independent; implemented without core modification
  • - ABAP is the programming language
  • - Installation is done simply by external transport file
  • - All developments under a package
  • - XML data stored in /SNI/ tables
  • - Compatibility – working with XI/PI or e-invoice integrators
  • - Standard SAP authorization used
  • - User-friendly screens
  • - Own customized tables
  • - Own transaction codes and menus

Comparison Table