What goes into each box – Finland VAT Report

Note:

Nondeductible tax codes created by checking the 100% Non-deductible box on the Tax Code page is not supported. If you want to create nondeductible tax codes that will work with International Tax Reports SuiteApp, see Setting Up Nondeductible Input Tax.

The following table shows how NetSuite uses the tax codes to get the values for the Finland VAT Report.

Description	Tax Code
Tax on domestics sales at 25.5% tax rate	Tax Amount of Sales S-FI +Tax Amount of Sales Adjustment of 'box 25.5% tax rate', S-FI +Notional tax amount of purchases RCIS1-FI
Tax on domestic sales at 14% tax rate	Tax amount of Sales R-FI +Tax amount of Sales Adjustment of 'box 14% tax rate', R-FI +Notional tax amount of purchases RCS2-FI
Tax on domestic sales at 10% tax rate	Tax amount of Sales SR +Tax amount of Sales Adjustment of 'box 10% tax rate', SR +Notional tax amount of purchases RCIS3-FI
Tax on goods purchased from other EU member states	Notional tax amount of purchases ES-FI
Tax on services purchased from other EU member states	Notional tax amount of purchases ESSP-FI
Tax on imports of goods from outside the EU	Notional tax amount of RCF-FI, RCF1-FI, and RCF2-FI
Tax on purchases of construction services and scrap metal (reverse charge)	Notional tax amount of purchases RC-FI
Tax deductible for the tax period	(Tax amount of purchases S-FI, R1-FI, SR-FI, Deduct-FI +Tax amount of Purchases Adjustment 'box tax deductible for the tax period', S-FI, R-FI, SR-FI +Notional tax amount of purchases RC-FI, ES-FI, ESSP-FI, RCF-FI, RCF1-FI, RCF2-FI, RCS1-FI, RCS2-FI, RCS3-FI +Net amount of purchases IV-FI) -Tax amount of nondeductible NonDeduct-FI
Amount of VAT relief
Tax payable / Tax that qualifies for refund	Tax on domestics sales at 25.5% tax rate +Tax on domestic sales at 14% tax rate +Tax on domestic sales at 10% tax rate +Tax on goods purchased from other EU member states +Tax on services purchased from other EU member states +Tax on imports of goods from outside the EU +Tax on purchases of construction services and scrap metal (reverse charge) -Tax deductible for the tax period -Amount of VAT relief
Turnover taxable at zero VAT rate	Net amount of sales Z-FI
Sales of goods to other EU member states	Net amount of sales ES-FI
Sales of services to other EU member states	Net amount of sales ESSS-FI
Purchases of goods from other EU member states	Net amount of purchases ES-FI
Purchases of services from other EU member states	Net amount of purchases ESSP-FI
Imports of goods from outside the EU	Net amount of purchased RCF-FI, RCF1-FI, and RCF2-FI
Sales of construction services and metal scrap (reverse charge)	Net amount of sales RC-FI
Purchases of construction services and metal scrap	Net amount of purchases RC-FI

Description

Tax Code

Tax on domestics sales at 25.5% tax rate

Tax Amount of Sales S-FI +Tax Amount of Sales Adjustment of 'box 25.5% tax rate', S-FI +Notional tax amount of purchases RCIS1-FI

Tax on domestic sales at 14% tax rate

Tax amount of Sales R-FI +Tax amount of Sales Adjustment of 'box 14% tax rate', R-FI +Notional tax amount of purchases RCS2-FI

Tax on domestic sales at 10% tax rate

Tax amount of Sales SR +Tax amount of Sales Adjustment of 'box 10% tax rate', SR +Notional tax amount of purchases RCIS3-FI

Tax on goods purchased from other EU member states

Notional tax amount of purchases ES-FI

Tax on services purchased from other EU member states

Notional tax amount of purchases ESSP-FI

Tax on imports of goods from outside the EU

Notional tax amount of RCF-FI, RCF1-FI, and RCF2-FI

Tax on purchases of construction services and scrap metal (reverse charge)

Notional tax amount of purchases RC-FI

Tax deductible for the tax period

(Tax amount of purchases S-FI, R1-FI, SR-FI, Deduct-FI +Tax amount of Purchases Adjustment 'box tax deductible for the tax period', S-FI, R-FI, SR-FI +Notional tax amount of purchases RC-FI, ES-FI, ESSP-FI, RCF-FI, RCF1-FI, RCF2-FI, RCS1-FI, RCS2-FI, RCS3-FI +Net amount of purchases IV-FI) -Tax amount of nondeductible NonDeduct-FI

Amount of VAT relief

Tax payable / Tax that qualifies for refund

Tax on domestics sales at 25.5% tax rate +Tax on domestic sales at 14% tax rate +Tax on domestic sales at 10% tax rate +Tax on goods purchased from other EU member states +Tax on services purchased from other EU member states +Tax on imports of goods from outside the EU +Tax on purchases of construction services and scrap metal (reverse charge) -Tax deductible for the tax period -Amount of VAT relief

Turnover taxable at zero VAT rate

Net amount of sales Z-FI

Sales of goods to other EU member states

Net amount of sales ES-FI

Sales of services to other EU member states

Net amount of sales ESSS-FI

Purchases of goods from other EU member states

Net amount of purchases ES-FI

Purchases of services from other EU member states

Net amount of purchases ESSP-FI

Imports of goods from outside the EU

Net amount of purchased RCF-FI, RCF1-FI, and RCF2-FI

Sales of construction services and metal scrap (reverse charge)

Net amount of sales RC-FI

Purchases of construction services and metal scrap

Net amount of purchases RC-FI

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