The Ukrainian IT Holding Linkos Group has officially announced the pilot project to introduce a standard SAF-T UA audit file from Medoc, which has been implemented since June 2024.
This initiative is an important step toward the digital change of taxation in Ukraine.
What is SAF-t UA and why is it important?
SAF-T UA is a standard electronic data exchange that provides an automatic transfer of accounting data to tax authorities during audit. Its implementation will open up new opportunities for the Ukrainian business, in particular, facilitating data presentation from business creatures’ accounting systems with the requests of state or auditor bodies.
https://www.youtube.com/watch?v=nawuwohjooy
Calls and solutions
Project implementation has shown that SAF-T UA implementation requires careful preparation due to:
- The need for the transformation of accounting systemsAnd adaptation of processes to a new standard.
- Data security issuesEspecially, about the confidentiality of commercial information.
- Temporary restrictions—The SAF-T UA supplies should be carried out within 48 hours from the date of receiving a request from the state tax service.
This is to reduce these challenges and test a new tax automation approach to launch a pilot project.
The results of the pilot project
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Participation in the project was taken 67 Large taxpayer.
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Is conducted 96 Consulting Meetings And provided More than 1000 expert answers.
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I got a business Free SAF-T UA testing access and professional support of experts.
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Participants were able to adjust their systems earlier, contributing Adoptimizing processes and strengthening reputation Companies.
The pilot project has confirmed that the Ukrainian business is ready for new electronic audience standards. The next step is the entire SAF-T UA launch.
The experience obtained during the project allowed the Linkos Group to create a truly effective solution that considers Ukrainian business details and meets international standards. Thanks to close cooperation with participants in different industries, a tool has been developed that simplifies the process of developing a file of auditing and reducing the loading of companies’ financial departments.
The introduction of the SAF-T UA standard will be a powerful incentive to increase business transparency and improve the investment climate in Ukraine, and the Medoc Pilot project from Medoc has made it better and managed to move for Ukrainian businesses.
About Linkos Group:
The Linkos Group is a Ukrainian It-holding that will develop digital solutions for business automation. The Linkos Group creates IT products in the field of electronic reporting and management of electronic documents, which has been using the whole country’s accounting and business for more than 20 years. In the line of Linkos Group products, the reporting of Medoc and Sota and documentary of the documentary, casserole and sota casa software, electronic signatures from KSK kska kska, ispro erp system and more.
Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.