Legislative Update for Norway SAF-T

Generate the SAF-T for Norway audit file using the 1.3 updated version. In March 2024, the tax authority of Norway published an updated version of the technical specifications. The new format will be used to report transactions in the calendar year 2025.

The transition to version 1.3 involves technical and structural changes to the standard format.

This includes:

  • A new balance account structure for customers and suppliers.
  • A new way of presenting VAT and analysis dimensions in transactions.
  • Changing some voluntary elements to mandatory.
  • Introduction of new fields.
  • Several technical changes regarding data types and extension of the number of characters for several elements.

There has also been a change in the requirements for mapping the company’s own accounts to the standard chart of accounts. In previous versions, each company could choose between mapping its own accounts to the Norwegian standard chart of accounts or the chart of accounts in the given industry. In version 1.3, the company’s accounts must be defined based on the new specifications provided by the tax authorities. Under the new directions, the grouping category and grouping code hierarchy structure become mandatory elements, while the standard code field is removed.

The XML structure has been updated to provide a more detailed level of information regarding supplier and customer balances. Previously, the balances were only for a default account for each third party, but now they are being reorganized to include a complex structure called balance account. This new structure consists of distinct blocks for AccountID, opening debit balance, and closing debit balance, as well as AccountID, opening credit balance, and closing credit balance tags.

In processing Payable invoices, Receivables transactions, receipt accounting, payment accounting, and fixed asset accounting, it is important to consider the AccountID associated with each transaction. In effect, each third party may have multiple account balances associated with their records, as long as these accounts are marked as control accounts for customers and suppliers.

Compliance of the SAF-T report for Norway to the new legal requirement, starting January 1st, 2025. All Norway customers are obligated to report SAF-T under the new 1.30 Release specifications for 2025.

Steps to Enable

You don't need to do anything to enable this feature.

Tips And Considerations

  • You need to adjust the Chart of Accounts and the current Hierarchy in order to accommodate the new directions in regard to the grouping category and category accounts. If you are using the standard account structure for your hierarchy, you have to change it to the new structure as the standard account is not going to be accepted for Release 1.3.
  • You need to make sure that all the Natural Accounts (and their combinations) that are used for customer or supplier balances need to be marked as control accounts before they are involved in any transaction.

Key Resources

  • Details of the changes introduced by the 1.30 release are available in the SAF-T Topical Essay on My Oracle Support: EMEA Implementation Resources (Doc ID 2576459.1).
  • Legislative Update for Norway SAF-T

Access Requirements

Same as the ones used for the current release.