What is Socrate SAF-T?
The application developed by BITSoftware for the mandatory SAF-T (Standard Audit File for Taxation) reporting to the National Fiscal Administration Agency (ANAF), takes into account all the necessary variables to be used by any company, regardless of its profile. The implementation is fast, and the solution is not strictly limited to the electronic transmission of data in the format requested by ANAF, but covers the most difficult part of the reporting process, namely, retrieving the data required for reporting from the IT systems used by clients or from other standardized csv formats.
SAF-T reporting consists of the electronic transfer of accounting and tax data, in a unified way, from companies to the tax administration. This reporting is currently only mandatory for large taxpayers, but soon the obligation will be extended to all taxpayers.
Socrate SAF-T automates the SAF-T report for any company
Electronic exchange of accounting data has never been easier. The Socrate SAF-T service significantly reduces the cost and complexity of the processes of generating, mapping and processing accounting information from the ERP application to convert it into the required XML file.
With the help of the Socrate SAF-T service, all the preliminary steps are performed directly in SocrateERP, before the validation of the XML file via DUK Integrator and before it is uploaded to the portal of the tax authorities.
1. Extracts the data required for reporting
Collect all the data you need for SAF-T reporting directly from SocrateERP or other sources with a simple click.
2. Processes the data
It processes and processes the data to accurately adapt to the format required by the tax authorities.
3. Validates the data
Checks and validates data integrity and identifies potential errors so they can be corrected.
4. Generates the XML file
It automatically transforms the data into the XML file you need.
SAF-T is an international standard developed by the Organization for Economic Cooperation and Development (OECD), which has become mandatory in Romania since 2022, which regulates the electronic exchange of accounting data between organizations and tax authorities. SAF-T files are based on an XML format, internationally standardized for companies' tax and VAT reporting.