Financial Audit for Netherlands: What is the report about and how do I get started?
Every time you do business in Netherlands, you need to send information to the tax authorities containing master data, opening balances, and transactions for a determined period. The Financial Audit File is a standard for sending information through a xml file and is used by the tax authorities and approved accountants to perform audits of the financial administration of Dutch companies.
As of SAP S/4HANA 2020 FPS1, you can generate the Financial Audit reporting file using the Run Compliance Reports app. This report is not available in SAP ERP and a premium license is required. For more information about ACR licenses, please contact your account executive.You find more details of ACR basic and priced reports in the SAP S/4HANA Feature Scope Description, available in the SAP S/4HANA product page. You can find them here: SAP S/4HANA. After the file is generated successfully, you can then send this file to the tax authorities.
How to configure the report
Before running the Financial Audit report, you need to go through some settings.
You find the step by step for these processes in the SAP Help Portal, under Financial Audit File for the Netherlands.
Done! Now you’re ready to run the Financial Audit report. See below an example of a report run.
For visually impaired readers: The pictures are screenshots of the steps that are described.
1 – In the SAP Fiori Launchpad, choose the Run Compliance Reports app.
2 – Filter for the NL_AUDIT_FILE report and choose the row of the report you want to run.
3 – Choose New Run and fill in the parameters. After that, choose Run.
4 – Select the generated file and choose Download.
Example of XML output file of the Financial Audit report.
For more information about the Financial Audit report, visit the report documentation in the SAP Help Portal.
SAP S/4HANA: help.sap.com/viewer/s4h_op_netherlands.
In case you need support from SAP about Financial Audit report for the Netherlands, open an incident on SAP Support Portal, under the FI-LOC-AUR-NL component.
Thanks for reading! Now you know what the Financial Audit report is about, how to configure and run the report, and how to validate and submit the output XML file. Got any questions? Please leave a comment below or ask questions in the relevant tag Q&A area
https://answers.sap.com/tags/73554900100800000266 and/or https://answers.sap.com/tags/c289b6f3-f3e1-4169-a9e4-9bb75c0e2ef5
See you next time.
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