South African legislation

This document is a short description of the South African localization (ZAF). It states the legal requirements and the usage in the local market, as well as the set up and the processes.

Audience

This document is for organizations that do business within South African legislation.

What's new

You can take full advantage to the VAT framework to extract the VAT-201 return. The framework simplifies the declaration process and adds functionality like being able to track adjustments, drill down to VAT box and related transactions and run batch processes.

As a result of this implementation, the VAT declaration function (DLCVATZAF) and the DCLVATZAF recurring task code used in the Recurring task function (GESABA) have been deprecated.