- Norwegian Tax Administration requires businesses to use SAF-T Financial Version 1.3 for accounting data from January 1, 2025
- Version 1.3 includes revised balance account structures, VAT details, and mandatory fields
- Businesses must be prepared by the start of their first accounting period in 2025
- Changes aim to improve financial reporting efficiency, data accuracy, and consistency
- New structure for balance accounts, revised VAT and transaction details, mandatory fields, and new fields introduced in Version 1.3
- Companies must link their accounts to the new Business Specification in Version 1.3
- Updates are designed to simplify system transfers, enhance data analysis, and create a more user-friendly standard for processing accounting data.
Source: fiscal-requirements.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
