In line with the income tax reporting requirements in Israel , you may be required to submit a special report at the request of the tax authorities. This report includes all transactions, accounts, business partner data, accounts receivable, accounts payable, and inventory documents, as well as incoming payment documents.

The report is not produced on a regular basis. It is usually required when a company’s records are questioned by the tax authorities, or for other specific reasons. It must be generated in a file, using a uniform format for companies that manage their financial data in computerized accounting systems.

To enable you to generate income tax reports, SAP Business One includes an Open Interface utility.