1. Country-Specific Features
  2. Israel Help Topics
  3. Israel-specific SuiteApps
  4. Israel Localization
  5. Setting Up the Israel Localization SuiteApp

Setting Up the Israel Localization SuiteApp

After you set up your NetSuite Account, you should download the Israel Localization SuiteApp before you create any Israeli subsidiaries.

To create subsidiaries for Israel:

  1. Go to Setup > Company > Subsidiaries.

  2. Click the New Subsidiary button.

  3. In the Name field, enter the name of your subsidiary.

  4. From the Country list, select Israel.

  5. From the Currency list, select ILS. For more information, see Creating Currency Records.

  6. Click Save. After you save the new subsidiary, the Israel Localization SuiteApp adds the following subtabs to the subsidiary record:

    • Israeli Subsidiary Details

    • Israeli OF Details

    • IL Preferences

To update the Israeli subsidiary information:

Note:

The IL Preferences subtab defines the check format. Most companies in Israel will use the new check format, unless they have an old stock of check papers. The new regulation for check formats was introduced in 2019.

  1. Go to Setup > Company > Subsidiaries.

  2. Click the Edit link next to your Israeli subsidiary.

  3. Fill out the relevant details on the Israeli Subsidiary Details subtab and the Israeli OF Details subtab.

  4. On the IL Preference subtab, the IL New Check Tab is checked automatically.

  5. Click the Israeli Subsidiary Details tab.

  6. Fill out the relevant details on the Israeli OF subtab. The open format is used for Audit purposes and is requested by the IRS. It covers all business activities. Information needs to be populated in Hebrew. To see the translation from Hebrew to English, see the table below:

    Hebrew

    English

    שם חברה באנגלית

    Company Name in English

    מספר במס הכנסה

    IRS Number

    מספר בביטוח לאומי

    Social Security Number

    מספר תיק ניכויים

    Withholding Tax Number

    מספר עוסק אילת

    Special Business Area Tax Number

    מוסד כספי

    Financial Institution Check Box

    כתובת מייל ל856

    Email Address for 856

    מספר באיחוד עוסקים

    Consolidated VAT Number

    כתובת חברה באנגלית

    Company Address in English

    סוג עוסק

    Business Type Code

    מעמד המשלם

    Payer Type Code

Israeli OF requires the Withholding Tax Clearing Account to be set up.

To update the Israel Localization subsidiary settings:

  1. Go to Customization > Lists, Records and Fields > Record Types

  2. Click IL Subsidiary Settings in the Edit column.

  3. Click the More button in upper-right corner and select View Records.

  4. Click the New IL Subsidiary Settings button.

  5. From the Subsidiary list, select the subsidiary you want to update.

To set up the Withholding Tax Clearing Account

  1. Go to Setup > Accounting > Accounting Preferences.

  2. Go to the Items/Transactions subtab.

  3. Select 9090 Withholding Tax – Clearing Account IL from the Purchase/Discount Account list.

  4. Click Save.

To set up document printing:

  1. Go to Customization > Lists, Records and Fields > Record Types

  2. Click IL Subsidiary Settings in the Edit column.

  3. Click the More button in upper-right corner and select View Records.

  4. Click View on the IL Settings record.

  5. On the Extended Documents Printing subtab, ensure the following boxes are checked:

    • Wire Transfer Request Printing

    • WHT Vendor Letter Printing

    Proceed with the following steps if you use Sales Orders. In that case, you can also use a commercial or proforma invoice.

  6. Click the Print Options subtab.

  7. If you want to copy text from the PDF transaction, check the Enable PDF Contents Extract box. The layout option is solely for the logo definitions.

  8. If you want to remove or hide the signature line from the transaction layout, check the Hide signature box.

  9. If you use the Delivery note, select a template from the Delivery Note Print Return Form list.

To resolve printing issues:

    1. Go to IL Settings.

    2. Click Edit.

    3. On the Settings tab, select the Reset IL Company Information box.

    4. Click Save.

Important:

Ensure that all required fields in the Company Information are filled out to ensure the Reset IL Company Information works properly.

To update Israel Localization Settings:

  1. Go to Customization > Lists, Records and Fields > Record Types.

  2. Click IL Settings in the Edit column.

  3. Click the More button in upper-right corner and select View Records. IL Settings List page displays the IL Settings record.

  4. Click View on the IL Settings record.

  5. On the IL Settings page, verify that:

  6. On the Printing subtab, verify that the IL Localization Printing Type field displays the Advanced PDF Template value.

To set up transaction numbering:

  1. Go to Setup > Company > Auto-Generated Numbers.

  2. Check the Use Subsidiary Column box for all fields.

  3. Go to Setup > Accounting > Manage Accouting Periods to define or verify accounting periods.

  4. Go to Setup > Accounting > Manage Tax Periods to define or verify tax periods.

To define Israeli roles:

  1. Go to Setup > Users/Roles > Manage Roles.

  2. Click Customize on the IL Localization record.

  3. In the Name field, enter Custom IL Localization.

  4. In the Subsidiary Restrictions section, go to the Selected Subsidiaries list and select the IL Subsidiary for the given role.

  5. Click Save.

To assign Israel Localization forms to your Israeli roles:

  1. Go to Setup > Users/Roles > Manage Roles.

  2. Click Edit on the IL Localization Custom role.

  3. Verify that the Israel Localization forms are checked.

Important:

You must use the Custom IL Localization role. It is strictly set up to use all IL Entity and IL Transaction forms (for example, IL Vendor, IL Bill Payment, IL Vendor Bill, etc.) included in the SuiteApp. Not using the suggested IL forms may result in issues.

If the suggested IL Entity or IL Transaction forms don't fit your needs, you can customize them to add your requirements. Do not remove any existing setup from the forms.

General Notices