Generating Country Tax Reports for Brazil

To generate country tax reports for Brazil:

1. Go to Reports > Tax > Country Tax Reports.

2. In the Subsidiary field, select a Brazilian subsidiary.

   NetSuite automatically populates the Nexus field with the nexus associated with the subsidiary.

3. (Optional) If your subsidiary has more than one nexus and the default isn’t from Brazil, in the Nexus field, select the Brazilian nexus.

4. In the Report Name field, select the report you want to generate.

   The field only displays tax report templates associated with the selected nexus.

5. In the Start Date field, select the start date for the report.

6. In the End Date field, select the end date for the report.

   Each type of report has its own periodicity. Select the dates according to the report you're generating.

7. In the Accounting Book field, select the book from which you want to generate the report.

   This field appears if you have the multi-book accounting features enabled in your account and if you're generating one of the following reports:

   • Balance sheet

   • Income statement

   • General journal

   • General ledger

   • Trial balance

   For more information, see Multi–Book Accounting and Adjustment-Only Book Support in Tax Reporting Framework.

8. (Optional) If you want the report to use account names and numbers from a specific accounting context, in the Accounting Context field, select the context.

   This field appears if you're generating one of the following reports:

   • Balance sheet

   • Income statement

   • General journal

   • General ledger

   For more information, see Accounting Contexts.

9. If you want to apply additional filters and preferences to the report, click Open Brazil Reports Settings.

   The Brazil Reports Settings page opens.

   1. If you’re generating a general ledger report and want to limit it to GL accounts in a certain number range, do the following:

      1. In the Starting Number of the Account Range field, enter the starting number of the GL account range.

         If you don't enter any number, NetSuite uses zero as the starting number.

      2. In the Final Number of the Account Range field, enter the final number of the GL account range.

         If you don't enter any number, NetSuite uses 999999999 as the final number.

      For more information about GL account numbering, see Chart of Account Numbering.

   2. If you're generating a balance sheet and want to print the signers' information on the report, do the following:

      1. In the Accountant field, select the accountant that should sign the report.

      2. In the Legal Representative field, select the legal representative that should sign the report.

   3. If your account has the Departments feature enabled, but you want to generate the report without the department information, check the Generate Report Without Departments box.

      This option is available for balance sheet, general ledger, general journal, and trial balance reports. For more information, see Cost Centers in Reports for Brazil.

   4. If you want a consolidated report, check the Consolidate Information from the Parent and Child Subsidiaries box.

      Consolidated reports include information from the parent subsidiary and all its child subsidiaries. This option is available for balance sheet, general ledger, general journal, and trial balance reports.

   5. If you're generating a Simples Nacional assessment, in the Assessment Method field, choose which method you want to use to assess the amounts.

      • Accrual Basis – Considers the amounts earned from e-documents certified in the period.

      • Cash Basis – Considers the amounts paid by customers to your company during the period.

   6. Click Save.

   7. Close the Brazil Reports Settings page.

10. Click Generate.

    NetSuite starts generating the report.

11. On the Report Execution Log subtab, locate the generated report.

    The latest report appears at the top of the list.

12. In the View | Download column, wait for the loading bar to complete.

    If the report covers a long period, it may take a few minutes to finish. You're notified through email when the report is ready.

    1. If you generated the Brazil General Ledger or the Brazil General Journal, click Download.

    2. If you generated any other report, click View.

       The download page opens.

       • To download the report as a PDF, click the PDF icon.

       • To download the report as a XLS, click the XLS icon.

         Due to a system limitation, you can only download XLS files with sizes up to 10 MB.

Related Topics