Who should be able to produce accounting data in SAF-T format?
This requirement will apply to all businesses with bookkeeping obligations that use electronic accounting systems. Businesses with a turnover of less than 5 million NOK (ca. 480 K Euros) are exempt from the requirement. However, if these businesses have accounting information available in electronic form, the requirement will apply to them. It is system suppliers who need to adapt their accounting systems so that systems can meet the new standard on-demand. Businesses with bookkeeping obligations that have fewer than 600 vouchers per year and keep their accounts in a text editor or spreadsheet programs are not included in the requirement as these systems count as manual solutions and not an electronic accounting system.
SAF-T Report and One Voucher
Using the One voucher functionality introduces a limitation of further SAF-T reporting for data if one voucher was applied. We recommend that you set the Allow multiple transactions within one voucher parameter on the General ledger parameters page to No in your legal entity if you post transactions that are part of the SAF-T report.
What is One Voucher?
The existing functionality for financial journals (the general journal, fixed asset journal, vendor payment journal, and so on) lets you enter multiple sub-ledger transactions (customer, vendor, fixed assets, project, and bank) in the context of a single voucher. Microsoft refers to this functionality as One voucher. You can create a single voucher by using one of the following methods:
Set up the journal name (General ledger > Journal setup > Journal names) so that the New voucher field is set to One voucher number only. Every line that you add to the journal is now included in the same voucher. Therefore, the voucher can be entered as a multiline voucher, as an account/offset account on the same line, or as a combination.
On the other hand, SAF-T does not replace tax return reporting. Accounting information in SAF-T format is submitted to the tax office in connection with the tax audit when requested by a tax auditor.