eAuditing

Many auditors and governments require audit in electronic formats. The standard is originally set by the Organization of Economic Cooperation and Development (OECD), based on XML, with their Standard Audit File for Tax (SAF-T) format. This format is an international standard for the exchange of reliable accounting data electronically from organizations to a national tax authority or external auditors. This original standard has been adopted and is being modified by tax authorities in many countries around the world.

In some locations, you must maintain cross-reference data or manual data that is not held within the LSP database.