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Legislative Update for Norway SAF-T 25A

edited Jan 30, 2025 2:46PM in Tax & Global 5 comments

Summary:

Hi Team,

As part of 25A patch release we have new feature in the section "Regional Compliance & Reporting" ie.., Legislative Update for Norway SAF-T.

As part of this "Steps to be enabled is NONE" , so we have Norway as one of the country . So, as part of this new feature "Generate the SAF-T for Norway audit file using the 1.3 updated version. In March 2024, the tax authority of Norway published an updated version of the technical specifications. The new format will be used to report transactions in the calendar year 2025."

So do we need to take care of any setups/changes in Oracle ERP Cloud side Or once we just upgraded to 25A automatically SAF-T 1.3 version will get updated and our biz can generate the report right? Please clarify this and let us know ASAP.

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