SVAT, another acronym for the accountants' dictionary

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Although it is not mandatory, the SVAT is presented as a recommendation of good practices by the AT, as it constitutes a guarantee that the SAF-T (PT) Accounting file produced by the accounting program is exported in accordance with the requirements established by the AT, with regard to the communication of the IES (Simplified Business Information) .

And if we think about the IES, we find precisely the common core between the SVAT and the SAF-T (PT): both were created with the mission of ensuring transparency, rigor and quality standards for the reporting information that companies send to the AT. Despite the common core, they are different themes that complement each other. One is not mandatory and the other is, but let's understand these terms better and to whom they apply.

What is SVAT?
The SVAT, Tax Authority Validation Seal, is a seal issued and attributed by the Tax japan whatsapp number database to the computer programs used by companies to carry out Accounting and extract the SAF-T (PT) file. This seal guarantees that the Accounting computer systems used by Accountants comply with the requirements established by the AT regarding the new way of reporting the IES, which came into force in 2020, when reporting to the State for the 2019 financial years.

Why did SVAT come into existence?
With the entry into force of the mandatory communication of the SAF-T (PT) Accounting File to the AT, the Tax Authority introduced the SVAT with the aim of ensuring that the quality standards, currently recognised for SAF-T (PT) Invoicing files, are maintained with the extension of the same format of files produced by Accounting systems.

What is SAF-T (PT) Accounting?
The SAF-T (PT) - Standard Audit File for Tax Purposes - is a file that brings together a company's tax documentation for a specific period of time and is sent to the Tax Authority in a standardized XML format, extracted by a program certified by the AT for this purpose.

With the introduction of SAF-T (PT) into the Portuguese tax system, through Executive Order No. 321-A/2007, of 26 March, standardised audit files began to be produced with quality, in terms of content and structure, thus enabling, not only tax inspection services, but also most auditing, accounting and other public bodies, to analyse and audit information produced by the most diverse systems, in a standardised format.

What is the relationship between SVAT and SAF-T?
They have in common the objective of contributing to the automatic completion of the IES. By receiving the SAF-T (PT) from Accounting, the AT will pre-fill the IES based on information sent to it by the accountants. The SAF-T (PT) and SVAT are two sides of the same coin .

To this end, the accounting programs will extract the SAF-T (PT) Accounting file which, when sent to the AT, will, in turn, allow the automatic pre-filling of the financial statements and other accounting information provided for in the tables in Annexes A and I of the IES.

Who is required to send the SAF-T Accounting file to the AT?
IRC taxpayers who primarily carry out commercial, industrial or agricultural activities;
Commercial companies, cooperatives, branches of non-resident entities;
Individual entrepreneurs and independent professionals who have, or should have, organized accounting.
Who is exempt?
Entities in the Non-Profit Sector: Associations, IPSS, Foundations
Religious Entities, Social Solidarity Cooperatives
Financial and Insurance Sector Entities
What are the advantages of having software certified with SVAT?
By opting for an invoicing system certified by SVAT, you will have the additional comfort (in addition to the guarantee already provided by the certified software brand) that the accounting SAF-T (PT) file produced is exported, in terms of structure and content, in accordance with what is expected by AT.

Cegid Primavera solutions are certified with SVAT
Although this is not a mandatory requirement for software producers, it is a fundamental pillar of the mission that Cegid Primavera has undertaken over the years: to simplify life in organizations, contributing to the creation of value. Reinforcing this mission once again, Cegid Primavera accounting solutions are certified by SVAT, thus guaranteeing their users compliance with the good practices recommended by AT with regard to the delivery of SAF-T (PT) Accounting.