Sourcing Strategy: Modelo 303, Modelo 349, Modelo 390, and Modelo 347

Note:

To access the Spain Localization SuiteApp documentation in Spanish of Spain (español de España), see Spain Localization.

This section describes the conditions of the sourcing strategy for Modelo 303, Modelo 349, Modelo 390, and Modelo 347.

The following conditions apply to these Spain VAT reports provided by this SuiteApp:

All amounts presented in the reports are sourced from transaction tax lines.
The transactions included in your report are filtered by the Tax Point Date field and the period that you select on the Country Tax Report page.

Note:
By default, the Tax Point Date field value is the same as the Date field value. However, you can manually alter the Tax Point Date field value if you want to include or exclude certain transactions from your generated report.
The report generation process supports transactions in non-euro currencies. All transactions in non-euro currencies are converted to euros and included in the generated reports. For more information about using the Multiple Currencies feature in the Spain Localization SuiteApp, see Optional Prerequisites for Using the Spain Localization SuiteApp.

The exchange rate values that are automatically provided by NetSuite are shown on the transaction record. For more information about providers of these rates, see Integrated Exchange Rate Providers.

Note:
You can also manually edit these exchange rate values. For more information, see Setting Exchange Rates Directly on Transactions.
The Spain VAT report generation only considers posting transactions, which are those that directly affect the balance of what your company is worth. Even though all types of posting transactions are considered, we strongly encourage you to only use the following transaction types when you generate reports:
- Bill
- Cash Sale
- Bill Credit
- Credit Memo
- Expense Report
- Invoice
- Journal Entry
The report generation process only considers the following:
- Paid source transactions, such as invoices and bills. Their corresponding payments, such as customer payments and bill payments, are disregarded.
- Transactions with set tax transaction type. In most cases, SuiteTax automatically sets the tax transaction type for you. However, for a journal entry, you must set it manually. For more information, see Tax Transaction Types in the SuiteTax Engine.
- Transactions where the Tax Item Type field is set for all existing items. Transactions where this field is not set will not be included in the generated report. For more information, see Assigning Tax Item Type for your Transactions with Item Records.
  
  Note:
  Because expense report transactions do not have item or tax item categories, they are an exception to this rule.
If the Multi-Book Accounting features are enabled in your account, your generated Spain-specific reports only source information from the primary book of your selected subsidiary. This is true for all reports provided by the Spain Localization SuiteApp.
All reports include expense lines, which are categorized as services and are included even if their Tax Item Type field is not set.

The table below details the conditions that are specific to only some of the reports:

Modelo 303 and Modelo 390	Modelo 349	Modelo 347
Reports support both B2B and B2C transactions. Therefore, they also include transactions where no tax registration was selected. For more information about B2B and B2C transactions, see Spain Terminology.	Reports only support B2B transactions. Therefore, they exclude all transactions where the Customer/Vendor Tax Reg. Number field on the Tax Details subtab of the transaction record is empty. For more information about B2B and B2C transactions, see Spain Terminology.
Unless otherwise specified, boxes of these reports exclude refunds.	Where applicable, boxes of these reports include refunds.
Reports support the inclusion of journal entries and expense reports. If you want to include them, you must first set the following fields in their records: Tax Transaction Type Tax Code Tax Rate	–	–
Tax lines from import transactions where the Import Operator box in Vendor record is checked are only included in specific report boxes described in this documentation. Therefore, these tax lines are excluded from other boxes that are related to regular domestic transactions.	–	Report includes domestic, EU intracommunity, and import/export transactions. The implementation logic is provided by SuiteTax.
–	–	It only reports transactions exceeding €3,005.06.
–	–	Report includes purchases and sales of both goods and services. The report excludes the following: Purchases and sales of goods between mainland Spain and the Balearic Islands, Ceuta, and Melilla Goods imported from outside the EU

Modelo 303 and Modelo 390

Modelo 349

Modelo 347

Reports support both B2B and B2C transactions. Therefore, they also include transactions where no tax registration was selected.

For more information about B2B and B2C transactions, see Spain Terminology.

Reports only support B2B transactions. Therefore, they exclude all transactions where the Customer/Vendor Tax Reg. Number field on the Tax Details subtab of the transaction record is empty.

For more information about B2B and B2C transactions, see Spain Terminology.

Unless otherwise specified, boxes of these reports exclude refunds.

Where applicable, boxes of these reports include refunds.

Reports support the inclusion of journal entries and expense reports. If you want to include them, you must first set the following fields in their records:

Tax Transaction Type
Tax Code
Tax Rate

–

Tax lines from import transactions where the Import Operator box in Vendor record is checked are only included in specific report boxes described in this documentation. Therefore, these tax lines are excluded from other boxes that are related to regular domestic transactions.

–

Report includes domestic, EU intracommunity, and import/export transactions. The implementation logic is provided by SuiteTax.

–

It only reports transactions exceeding €3,005.06.

–

Report includes purchases and sales of both goods and services.

The report excludes the following:

Purchases and sales of goods between mainland Spain and the Balearic Islands, Ceuta, and Melilla
Goods imported from outside the EU

Related Topics