SAP Knowledge Base Article - Preview

3602639 - FAQ - Saudi Arabia Finance Localization

Symptom

This KBA addresses the most frequently asked questions/functionalities of Saudi Arabia Finance Localization. 

Q1. When did VAT become effective in the Kingdom of Saudi Arabia?
Q2. How frequently must customers submit VAT returns in Saudi Arabia?
Q3. How are compliance reports generated in Saudi Arabia?
Q4. What are the recent changes regarding the Saudi Arabian currency symbol?


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Environment

  • Financial Accounting
  • SAP ERP
  • SAP enhancement package for SAP ERP
  • SAP enhancement package for SAP ERP, version for SAP HANA
  • SAP S/4HANA
  • SAP S/4HANA Finance
  • This is relevant for MENA countries Saudi Arabia Finance Localization.

Product

SAP ERP all versions ; SAP R/3 Enterprise all versions ; SAP R/3 all versions ; SAP S/4HANA Finance all versions ; SAP S/4HANA all versions ; SAP enhancement package for SAP ERP all versions ; SAP enhancement package for SAP ERP, version for SAP HANA all versions

Keywords

SAR, currency symbol change, financial reports, invoices, SAP system, ISO codes, S/4HANA, Private Cloud, compliance, DRC, KSA, VAT, Report,Compliance.   , KBA , FI-LOC-FI-SA , Saudi Arabia , XX-CSC-SA-FI , Financial Accounting , How To

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