Localization SuiteApps

CNAB Delivery Files Supporting Larger Volumes of Transactions or Installments

Brazil Localization now enables you to adjust the number of SuiteCloud processors that NetSuite uses to generate CNAB delivery files.

If you want to generate CNAB delivery files with large volumes of transactions or installments, you can increase the number of processors to improve performance.

Multiple Referenced Electronic Invoices

Brazil Localization now enables you to enter up to 999 access keys in the Referenced Electronic Invoice field in transactions. Previously, this field only supported the input of one access key.

For more information, see Electronic Invoicing for Brazil.

New Inbound Delivery Transaction

The SuiteApp includes a new inbound delivery type of transaction that replaces the existing inbound delivery. The new transaction has the same functionality as the retired inbound delivery. Additionally, the new inbound delivery enables you to register inventory details and add new lot numbers.

For more information, see Generating Electronic Invoices for Inbound Deliveries for Brazil.

New Purchasing and Receiving Process for Imported Goods

You can now integrate the import bill into your purchasing process in NetSuite by creating import bills from purchase orders. Eligible purchase orders display the Create Import Bill button.

For more information, see Purchasing and Receiving Imported Goods in Brazil.

Purpose in Transaction Natures

Transaction nature records now include the Purpose field. With this enhancement, you can indicate that specific conditions apply to transactions with a given nature. Brazil Localization provides predefined purposes for imports of goods and sales to end consumers.

For more information, see Setting Up Transaction Natures for Brazil.

Accounting Contexts Support

Brazil Reports now supports accounting contexts, enabling you to print location-specific account names and numbers in your reports.

The SuiteApp displays the Accounting Context field on the Country Tax Reports page when you generate the following reports:

• Brazil balance sheet

• Brazil general journal

• Brazil general ledger

• Brazil trial balance

For more information, see Accounting Contexts.

City of the Service Provision

Provided services and received services fiscal books will now include the city where the service was provided.

If you fill the Location field on transactions, NetSuite now prints the location as the city where the service was provided in provided services and received services fiscal books.

If you leave the field empty, NetSuite populates the city of the transaction's issuer as the city of the service provision in the fiscal books. For invoices, the issuer is the subsidiary. For vendor bills, the issuer is the vendor.

Consolidated Reports

Brazil Report enables you to generate a consolidated report that includes information from a parent subsidiary and all its child subsidiaries. The option to consolidate reports is available on the Brazil Reports Settings page for the following reports:

• Brazil balance sheet

• Brazil general journal

• Brazil general ledger

• Brazil trial balance

For more information, see Generating Country Tax Reports for Brazil.

Cost Centers in Reports

If your company uses cost centers, you can now include this information in your reports for Brazil. With Brazil Reports, cost centers correspond to department records in NetSuite.

The SuiteApp includes cost center information in the following reports:

• Brazil balance sheet

• Brazil general journal

• Brazil general ledger

• Brazil trial balance

• ECD file

• EFD Contribuições file

• PIS and COFINS assessment

You can choose whether you want to display or hide the cost centers from your reports.

For more information, see Cost Centers in Reports for Brazil.

ECF File Layouts per Tax Regime

Brazil Reports now provides separate Escrituração Contábil Fiscal (ECF) file layouts for the Lucro Real and Lucro Presumido tax regimes.

Each file layout includes sections and records that are relevant to businesses that adhere to the corresponding tax regime.

For more information, see Available Statutory Reports for Brazil.

Populated ICMS Credit Balance

When you create ICMS assessment records, NetSuite now retrieves your credit balance from the previous assessment period. The system populates the ICMS Credit Balance field with the existing balance when you save the new ICMS assessment record.

For more information, see Assessing ICMS.

Malaysia Electronic Invoicing Version 1.3.0

Malaysia Electronic Invoicing SuiteApp version 1.3.0 will include the following enhancements:

• Support for Consolidated Invoices

• Support for Inbound E-documents

Malaysia Electronic Invoicing Version 1.4.0

The Malaysia Electronic Invoicing SuiteApp version 1.4.0 will include the following enhancements:

• Support for Single Instance (SI) Accounts

• Support for Line Discounts and Line Charges

• Support for Transaction-Level MSIC Code

Malaysia Electronic Invoicing Version 1.4.2

The Malaysia Electronic Invoicing SuiteApp version 1.4.2 includes the following enhancements:

• Support for Multi Accounting Books

• Support for Line Discounts and Line Charges for Consolidated Invoicing

• Updated MSIC Codes as per IRBM Guidelines

Official Receipts Updates

Official receipts are delegated as a supplementary document and cannot be used to support input tax claims. Invoices are now the primary supporting document for VAT purposes. With this, the following changes are introduced:

• In Philippines Official Receipt PDF/HTML Template, the phrase “THIS DOCUMENT IS NOT VALID FOR CLAIM OF INPUT TAX” now appears in the footer section. When printing official receipts with multiple pages, the footer phrase appears on the bottom of the last page of the receipt.

• Philippines Official Receipt PDF/HTML Template (Without Footer Phrase) is removed and can no longer be used. If you use this template, you must map your custom form to use Philippines Official Receipt PDF / HTML Template. Refer to Mapping Preformatted Document Types and Templates to Transaction Forms for instructions.

  Important:

  Printing a transaction that is associated with a deleted template may result in an error.

• The Tax Summary section is now removed in collection receipts or official receipts because it is no longer the basis of output tax liability for sellers and input tax claims for buyers. However, for existing payment transactions that have not yet been printed or for those which are already printed prior to this release, including reprint transactions, the Tax Summary section remains.

For information, see the following help topics:

• BIR-Required Details

• Reprint Label and Watermarks in Philippines Invoicing Documents

New Invoice Template Formats for Single Type VAT Transactions

The following are new invoice template formats for VAT-Zero Rated Sale or VAT-Exempt Sale transactions:

• Zero-rated sales invoice – This is used if all items in a transaction are subject to zero percent (0%) VAT.

  This invoice includes the following details:

  • The phrase “ZERO-RATED SALE” appears in the header.

  • The label “Total Zero-rated Sales” is used for the total amount of sale.

• VAT-exempt sales invoice – This is used if all items in a transaction are exempt from VAT.

  This invoice includes the following details:

  • The phrase “VAT-EXEMPT SALE” appears in the header.

  • The label “Total VAT-Exempt Sales” is used for the total amount of sale.

  • The phrase “THIS DOCUMENT IS NOT VALID FOR CLAIM OF INPUT TAX” appears on the bottom of the invoice. When printing sales invoices with multiple pages, the footer phrase appears on the bottom of the last page of the invoice.

New Tax Summary Breakdown for Mixed Transactions

For mixed transactions, the sales involved are now broken down into VATable Sales, VAT Amount, VAT Exempt Sales, and Zero-Rated Sales in the Tax Summary section.

For single type VAT transactions, such as line-items that are purely zero-rated or VAT-exempted, the Tax Summary section no longer appears.

New Transaction Total Summary Breakdown for Mixed Transactions

For mixed transactions, VAT details are now broken down into Less: VAT, Amount: Net of VAT, and Add: VAT when the Print Inclusive of VAT box is checked for subsidiaries.

For more information about including VAT details on printed Philippines documents, see the help topic Displaying VAT Breakdown.

Country Field Available in Tax Determination Rules Records

If you have taxation scenarios that apply at the country level, now you can create tax determination rules for transactions from or to a given country.

SuiteTax Latam Engine adds new Country fields to the tax determination rules record, one for the issuer and another for the receiver of the transaction.

For more information, see Creating Tax Determination Rules in the SuiteTax Latam Engine.

Credit Card Transaction Now Supported

The SuiteApp now supports the tax determination process in credit card transactions. With this enhancement, if rules apply to a credit card transaction, the SuiteTax Latam Engine’s tax engine calculates the appropriate taxes.

New Supplementary Information Code Field

Tax determination settings records now include the Supplementary Information Code field. Supplementary information codes represent a type of information that you want SuiteTax Latam Engine to consider in the tax determination process.

For example, local authorities may require you to inform a code to comply with tax laws or to grant you a reduced tax rate.

For more information, see Creating Tax Determination Settings in the SuiteTax Latam Engine.

Projects Now Supported in Transactions

If you have the Projects feature enabled in your account, you can calculate taxes in transactions involving projects. The following types of transaction now support tax calculation with projects:

• Cash sale

• Custom sales transactions

• Estimate

• Invoice

Proration Criteria

You can now define how to proportionally allocate expense amounts in the tax calculation basis of transaction items. The SuiteTax Latam Engine provides you the following options as proration criteria:

• Quantity

• Value

• Weight

The new Proration Criteria field is available in expense category and shipping item records.

For more information, see Defining Proration Criteria for Expense Categories and Shipping Items in the SuiteTax Latam Engine.

Creation of CFOP Code Records

Now you are able to create CFOP code records in NetSuite with the same code and description, but different names. This enhancement enables you to further specify the applicability of your tax determination rules, by entering specific CFOP code names as the operation codes.

For more information, see Creating CFOP Codes.

ICMS Tax Relief for SUFRAMA

SuiteTax Latam Engine -Brazil Records now provides a tax code and tax type to account for the ICMS with tax relief granted by the Superintendência da Zona Franca de Manaus (SUFRAMA).

The SuiteApp also introduces a parameter type for the tax relief in transactions involving the SUFRAMA. The parameter enables you to apply and include this information in transactions and their e-documents.

For more information, see Parameter Types for Brazil.

Tax Determination for Specific Origin Codes

SuiteTax Latam Engine -Brazil Records now enables you to set up tax determination rules to consider origin codes when determining and calculating taxes for Brazil.

For example, a tax’s rate may vary depending on the place of origin of the items in a transaction. In this case, you can create different tax determination settings for each different origin and the applicable tax rate.

For more information, see Creating Tax Determination Settings for Specific Origin Codes.