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SNI Luxembourg FAIASNI

SNI Luxembourg FAIA automates SAP-based XML file generation for VAT audit compliance with Luxembourg’s SAF-T reporting requirements.

Vendor

Vendor

SNI

Company Website

Company Website

Product details

SNI Luxembourg FAIA is a SAP-integrated solution designed to help companies comply with Luxembourg’s version of SAF-T, known as FAIA (Fichier d’Audit Informatisé de l’Administration). FAIA is based on OECD’s SAF-T Version 2.0 and has been mandatory since 2011 for companies with annual revenue exceeding €112,000. It must be submitted upon request prior to a VAT audit. SNI’s solution retrieves client data from SAP, maps and processes it, and converts it into XML format according to the FAIA schema. The entire process is completed within the client’s SAP system, ensuring data consistency and security.

Features

  • SAP Integration: Retrieves and processes data directly within SAP.
  • XML File Generation: Converts accounting and transactional data into FAIA-compliant XML format.
  • Schema Support:
    • FAIA Full Schema (FAIA_v2.01_full.xsd): For companies using fully integrated systems (accounting, billing, inventory).
    • FAIA Reduced Version A: For companies using integrated accounting and billing modules.
    • FAIA Reduced Version B: For companies using only accounting software.
  • Mandatory Elements:
    • Header: General company and export information.
    • MasterFiles: Unique elements like General Ledger Accounts, Customers, Suppliers.
    • GeneralLedgerEntries: Accounting operations for a closed financial year.
    • SourceDocuments: Input/output invoices, payments, goods movements, asset transactions.
  • Field Inclusion Logic:
    • Required and used fields → must be included.
    • Mandatory but unused fields → must be included.
    • Optional and used fields → must be included.
    • Optional and unused fields → must not be included.

Benefits

  • Regulatory Compliance: Ensures full alignment with Luxembourg’s FAIA audit requirements.
  • Operational Efficiency: Automates data mapping and XML transformation, reducing manual effort.
  • Audit Readiness: Enables fast and accurate file generation for tax audits.
  • System Compatibility: Supports multiple FAIA schemas based on system architecture.
  • Data Integrity: Processes completed entirely within SAP to ensure consistency.
  • Scalability: Adapts to different system configurations and growing data volumes.