Standard Audit File is a comprehensive report that businesses must submit to tax authorities. It is a file in XML format with agreed logical structure whose scope covers most of the financial and accounting processes occurring in companies. It must be created in accordance with the standard published by the Ministry of Finance, which had been based on the SAF-T (Standard Audit File for Tax) standard. The data for the file is usually obtained from ERP systems, but it can also come from other sources, such as, for example, manually compiled Excel files.
Ultimately, the obligation to create such a file will be the responsibility of all entrepreneurs. As of July 2016 it is procured by large entities and, at later dates, also by SME sector companies.
The obligation includes monthly dispatch of the SAF VAT structure and reporting the rest of the structures only when summoned by tax authorities as part of a standard inspection.