Country Compliance Norway - Tax Returns Filing in Altinn

Problem

Manual calculation of tax returns in Excel is a hectic job for the companies as they have to file it later in the Altinn portal

Delay in the filing of Tax returns and deviation in the tax regulatory will lead to additional penalty charges/fine

Solution

ERP Logic developed a simple solution which auto calculates the VAT posted against the business transactions in SAP ByDesign

This transactions will be retrieved in a custom object which is then submitted automatically in Altinn portal

The custom business object is the replica of the tax return form RF002

Business Value

Reduced manual efforts for tax calculation activities 

Fulfills the legal requirement and ensures that VAT returns are electronically submitted to the tax authorities on time

Increases the Productivity and Reduces Time to close month-end activities

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