Portugal Standard Audit File for Tax Purposes (PT SAF-T)

Important:

This topic pertains to the Portugal SAF-T files generation feature, which is no longer supported as of Tax Audit File SuiteApp version 1.85.0. You can only use this SuiteApp to generate Portugal SAF-T files from 2022 and earlier. To generate this report, see Generating the PT SAF-T File in Portugal Localization SuiteApp.

Note:

If you are using the Portugal Localization SuiteApp to generate the PT SAF-T for Accounting in XML version 1.04_1, see Portugal Localization.

In Portugal, businesses are required to submit a monthly Standard Audit File for Tax Purposes (PT SAF-T) to the tax authority. For more information about Portugal compliance requirements, see Portugal Tax Topics In Accounts Without SuiteTax.

Before you can generate the PT SAF-T, you need to do the following:

After installing the SuiteApps and completing the setup requirements, you can generate the PT SAF-T for submission to the tax agency. See Generating the PT SAF-T.

Invoice Numbering for Portugal

When you install the Portugal Localization SuiteApp, NetSuite automatically generates a Portugal Transaction ID and unique digital signature for transactions of a Portugal subsidiary. The Portugal Transaction ID and digital signature are included when you generate the PT SAF-T for transactions. The Portugal Localization SuiteApp only generates the Portugal Transaction ID and digital signature for transactions dated in the fiscal year when the SuiteApp was installed and onwards. The SuiteApp does not generate transaction IDs and digital signatures for transactions created before the year that the SuiteApp was installed. The reason is that the accounting periods of previous fiscal years must be closed already. For more information, refer to Certification Data on the Portugal Transaction Subtab in Portugal Localization.

Portugal Invoice Printing

All Portugal invoices and cash sale transactions printed from NetSuite show the information required by the tax authority. For details, see Portugal Tax Topics In Accounts Without SuiteTax.

Additional Information

Related Topics

General Notices