Norway Tax Reports SuiteApp

The following topics describe the features included in or related to the Norway Tax Reports SuiteApp:

Norway Standard Audit File for Tax (SAF-T) Financial:

Norway VAT Return:

This SuiteApp enables you to generate the following reports:

Submitting Norway Standard Audit File for Tax (SAF-T) Financial report is mandatory 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).

Important:

Retrospective reporting starting year 2018 is not supported and not required by the Norwegian tax authority.

Norway Standard Audit File for Tax (SAF-T) Financial

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).

The first version of the Norway SAF-T financial report is comprised of three main sections:

  • Header – Shows general information about the company and audit file

  • Master Files – Shows information about general ledger account, suppliers, customers, and tax table

  • General Ledger Entries – Shows accounting transactions

The Norwegian tax administration, Skatteetaten, lists the primary purposes of the Norway SAF-T Financial data to serve as the following:

  • An export format for accounting data after request from the Norwegian Tax Administration, public accountants and other parties.

  • An archiving format for the necessary accounting data for those who are obliged to keep accounts as stated in the Norwegian bookkeeping legislation.

  • Format for moving data when changing accounting software.

  • Format for moving data from accounting software to other financial systems such as year-end closing systems, tax computation systems, business intelligence software, advisory systems, etc.

Required Setup

To successfully generate the Norway Standard Audit File for Tax (SAF-T) Financial report, do the following:

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.

Known Limitations

This version of the Norway Tax Reports SuiteApp does not support the Adjustment-Only Books feature (see Adjustment-Only Books Overview).

Related Topics

Norway Help Topics
Norway Legacy Tax Topics
Setting Up the Norway SAF-T
Chart of Accounts Mapping to Norway Standard Accounts
Tax Codes Mapping to Norway Standard Tax Codes
Generating the Norway Standard Audit File for Tax (SAF-T) Financial

General Notices