- Transactions conducted through POS systems in Denmark are saved in an electronic journal
- Exports from the journal need to be presented in the SAF-T cash register file upon request from the Tax Authority
- The SAF-T export file contains detailed information about a business’s sales transactions, including date, time, value, and VAT rate
- The file also includes information about returns, discounts, or refunds issued
- The Danish cash register SAF-T file was developed based on OECD recommendations
- Guidance on generating the SAF-T files can be found on the Fiscal Portal in English.
Source: fiscal-requirements.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Denmark"
- Partnership and owners not considered one taxable person for VAT purposes
- Updated DAC7 and DAC8 Reporting Rules for Digital Platforms and Crypto-Asset Service Providers
- Denmark’s 2026 VAT Changes: Impact on Education, Fitness, and Mental Sports Activities
- Denmark’s Conservative Party Proposes Removing 25% VAT on Fruits and Vegetables to Lower Costs
- Denmark Finalizes SAF-T 2.0 Consultation, Prepares for Enhanced Digital Accounting Standards
