Portugal Localization - SAFT Setup Steps for New Legal Requirement from Law Decree n.º 302/2016 from 2 of December 2016
(Doc ID 2274576.1)
Last updated on MAY 15, 2021
Applies to:EMEA Add-on Localizations - Version 12.1.3 to 12.2.6 [Release 12.1 to 12.2]
Information in this document applies to any platform.
The purpose of this document is to provide the required setup steps for SAFT structure - 1.04_01 to be compliant with the Decree 02/2016 of 2nd December 2016.
The Decree 302/2016 of 2nd December 2016 approved a new file structure, which introduces a new file structure from 1st of July, 2017 in accordance with Certification Law Portaria nº302/2016. The new requirement, including the mapping between SNC accounts and Taxonomy codes, is mandatory from 1st of July, 2017.
After 1st July, PT Tax Authorities may request SAFT program to retrieve data since January, 2017 and SAFT would need to extract the new structure including the SNC and taxonomy accounts.
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