Standard Audit File For Tax (SAF-T)
SINGLE CENTRALISED SOLUTION FOR ALL EUROPEAN SAF-T REGIONS
Extract SAF-T compliant data from within SAP across multiple heterogeneous sources and comply with country specific regulations.
Extract SAF-T compliant data from within SAP across multiple heterogeneous sources and comply with country specific regulations.
Centralised control of SAF-T compliance processes with a unified solution in all countries and support for future S/4HANA migration
Save time by accurately extracting large volumes of data from online, archived and non-SAP sources
Offer greater autonomy to auditors for data extraction and report preparation.
When the OECD introduced the Standard for Audit File rules (SAF-T) in 2005, they did not impose a blanket approach for implementation. The result of this flexible approach has been a multitude of SAF-T variations requiring an individual approach in almost every country you may be operating in.
For international organisations working across the EU region, this lack of consistency has exponentially increased the complexity of compliance. As experts in data management and SAF-T compliance, TJC can support you with a range of consulting services and software to minimise the cost and complexity of reporting.
Our range of easy to use, SAP certified SAF-T software tools make it easy for international organisations to comply with the precise data extraction requirements specified by individual countries
Solutions are developed to meet OECD guidelines and updated to meet each country-specific regulations as these change over time.
Software solutions cover Norway, France, Spain, Poland, Portugal plus others
Generate automated data extracts in SAP to comply with local SAF-T requirements for every country you are operating in
A compliant solution that gives autonomy to users whilst retaining control of SAP systems and security rights
Built in ABAP and certified by SAP
Supports multiple data sources, e.g. SAP databases, archived data, non-SAP systems and SAF-T extracts
Extracts large data volumes quickly with ease
Output data into XML format
Import data into standard auditing software
Full audit trail to ensure data consistency; detailed logs allowing auditors to trace extracts back to source data with ease.
Nominate authorised software users and delegate extraction tasks
TJC Group’s data extraction tools and support has been strategic for me in assisting my clients to achieve easy data extraction and to meet the demands of the tax authorities.
We can expect a raft of new digital compliance processes to be introduced over the next few years, as regulators across Europe act swiftly to reduce the tax gap.
The commercial world has become more Volatile, Uncertain, Complex and Ambiguous (VUCA) than ever and, as a result regulatory, tax compliance is becoming more complex.
TJC’s ASC solution allows you to eliminate manual errors associated with data archiving, without impacting customer business processes. ASC also greatly reduces the size of your SAP database and achieves an average archiving rate of over 95%.
Quickly and easily retrieve large volumes of data from online and/or archived SAP tables without impacting SAP system performance.
ELSA archives historical data from decommissioned systems in a centralised repository, making it easily accessible to end users and fully compliant with tax, audit, and data privacy regulations.
Generate, verify and optimise File of Accounting Entries (FEC) from online or archived data to comply with French tax regulations.
Report Automation Cockpit (RAC) centralises and simplifies both routine and custom reporting tasks – saving time, avoiding errors, and improving internal resource utilisation.
Ongoing reporting is a repetitive activity that is easily automated with the right tools.
