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Two major SAF-T changes in Portugal come into force as from July 1, 2017

February 28, 2017  |  Accounting, Compliance, Electronic Invoicing

The SAF-T standard in Portugal is to be updated with a new version from July 1, 2017. The new version includes two changes.

First, it modifies the SAF-T file for invoices and delivery notes with entry into force on July 1, 2017. The Tax Authority also recently issued the XSD schema of the new file to be implemented by businesses, so from EDICOM we can start migrating our clients to the new version. This evolution of the file is designed to improve the quality of billing information.

The second change adds a number of codes (taxonomies) for the accounting file and came into force on January 1, 2017. These taxonomies are equivalence tables that allow identification of the accounts according to the accounting standards used by the different taxpayers.

Read the full post here.

Get acquainted with EDICOM’s SAF-T PT solution for billing and shipping documents. They can help you adapt to the new schema as well as anticipate future changes.

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