buscar

Technology Update
Our present is the best guarantee for the future

Portugal Makes it Mandatory to Declare the SAF-T Accounting File

28/09/2020

The Portuguese tax administration has established that the declaration of SAF-T accounting files will be mandatory beginning in January 2021.

The Direcção Geral de Contribuições e Impostos (DGCI) announced the SAFT-PT accounting file initiative in 2016 when it introduced its e-VAT declaration project. Until now it had not established an implementation date.

The incorporation of this electronic tax document follows the 2014 mandatory implementation of the SAFT-PT invoice and transport documents.

The Portaria 48/2020 directive defines the use cases and characteristics of the SAFT-PT accounting file, as well as methods for its transmission.

 

What is the SAFT-PT accounting file?

The SAFT-PT accounting file is a document that follows the Standard Audit File for Tax format, an international standard used for the exchange of accounting and tax information.

 

Which companies are affected?

Private and public companies that engage in commercial, industrial, or agricultural activities, with headquarters or legal entities in Portugal.

 

When does it come into effect?

By April 30, 2020 – For companies with organized or company accounting; the approval process of 2018 accounts is carried out until March 31, 2019.

By June 15, 2020 – For companies with approval processes for 2018 accounts, which are carried out until May 31, 2019.

By the 4th month after the end of the period – For IRC taxpayers with a tax period that does not coincide with the calendar year.

By the 60th day prior to the end of the period – Companies present a declaration regarding the termination period.

 

What information must be included in the SAFT-PT accounting file?

The purpose of the SAFT-PT accounting file is to facilitate the electronic declaration of “Simplified Commercial Information / Annual Declaration of Accounting and Tax Information”.

The SAFT-PT accounting file must contain the following information:

  1. Header:
  • 1. Accounting codes grid (GeneralLedgerAccounts);
  • 2. Customer grid (Customer);
  • 3. Supplier grid (Supplier);
  • 5. Tax grid (TaxTable);
  • Accounting transactions (GeneralLedgerEntries);
  • 4. Receipt of issued documents, where applicable (Payments)

 

Prerequisites

Businesses must have an electronic system in place to declare the SAFT-PT accounting file to the Tax and Customs Authority (AT), the Portuguese tax administration.

EDICOM's Global VAT Compliance solution is certified by the AT. The platform allows you to automatically generate and send electronic tax documents in the format required by the Portuguese tax authority. The messages are integrated with your ERP and stored according the law.

 

Electronic Signature

The SAFT-PT file must be encrypted before its delivery.

 

Print Format

Not applicable.

 

Storage

The files must be stored for 15 years.

If you are one of the companies affected, consult with our advisors. We will accompany you during and after implementation to help at every step of the way.

 

 

 

Would you like to find out more?


Ask for information.

Tags

Cloud Computing B2B Cloud Platform EDI ASP-SaaS e-Invoicing GDSN VMI VAN OFTP2 AS2 Certification Authority Digital Signature Outsourcing SLA Software EDICOM Events Expert Chat SaaS-ASP Corporate Information GS1 CFDI PAC APP Associated Facturae Data Sync NOM151 partners EDICOM Retail public administrations Acreditations Web Portal EDI NF-e einvoicing Partner Web Portal SAP EDI Health Edicomdata CRP EBI ei Payroll Portal B2B EDICOMNet edi logistics SAFT-PT Ticket Portal Avaluos business@mail EDI Manufacturers CT-e NFS-e TSD epayrolls factura electronica edi automotive customer support center comprobante de pago CAE e-billing DTE e-awb comprobantes fiscales electrónicos nfc-e eaccounting contabilidad electronica CFE comprobante fiscal electronico compliance eAWB retenciones electronicas xml-cargo peppol edicom air iata e-cargo IVA Cargo-XML EDICOMAir SUNAT Perú SEE Business Mail Payrolls recibos de sueldo EDI Auto b2g eprocurement datapool panama sii PCRDD SII AEAT NHS edi academy comercio exterior EDICOM LTA sat paperless mmog OFTP EDI Web colombia CFDI Nóminas DIAN México SAF-T VAT DESADV ASN Fatture B2B Costa Rica Complemento pagos Chorus Pro moda interoperabilidad Cancelación suministro inmediato de información european union digitalización emisión electrónica openpeppol global einvoicing factura electrónica ecuador automotive industry United States and Mexico edicom sii norway VAT compliance tax administration air freight sector UNCTAD aviso de expedición Advanced Shipped Notice Despatch Advice data synchronization peppol network peppol standards peppol european union chile tendencias interoperability interconexión SINTEL Brasil interoperabilidade foreign trade e-procurement trends digitization digital transformation SaaS edicomsii MMOG/LE latam global einvociing cybersecurity EDI financeiro white paper factura electrónica colombia fintech fashion eIDAS e-archiving ebimap SME EDICOMLta e-commerce EDI financiero russia fattura b2b B2B e-Invoicing GDPR RTIR FACe FACeB2B portugal blockchain ItalyNSO business@mailPharma vat compliance ar EDIHOSP EDICOMSignADoc

Follow us on

  • linkedin
  • rss