Multi-Book Accounting for International Tax Reports
If you have the International Tax Reports SuiteApp and the Multi-Book Accounting feature is enabled in your account, you can generate the following reports in secondary accounting books:
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Localized VAT/GST reports
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EU Sales List
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Intrastat reports
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Supplementary tax reports
Adjusting tax amounts and group reporting are currently not supported for secondary accounting books.
Prerequisites
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Install the International Tax Reports SuiteApp. For more information, see Installing and Setting Up International Tax Reports.
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Enable the Multi-Book Accounting feature. Contact your account representatives or NetSuite Professional Services to find out how to get Multi-Book Accounting.
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Set up accounting books. For more information about multi-book accounting, see Multi-Book Accounting Overview.
To generate a localized VAT/GST or supplementary tax report in a secondary accounting book:
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Go to Reports > VAT/GST > Tax Reports (International).
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On the Tax Reports page, select a subsidiary, country form, and tax period.
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In the Accounting Book field, select which accounting book will be used to generate the report.
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If you want to generate a supplementary report, click the Supplementary button on the Tax Reports page.
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Click Refresh to display the report.
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Review the report. See Generating VAT/GST Reports for more information about generating tax reports.
To generate an EU Sales List in a secondary accounting book:
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Go to Reports > VAT/GST > EU Sales List Report.
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On the EU Sales List (ESL) Report page, select a subsidiary, country form, and tax period.
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In the Accounting Book field, select which accounting book will be used to generate the report.
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Click Refresh to display the report.
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Review the report. See Generating an EU Sales List Report for more information about generating tax reports.
To generate an EU Intrastat Report in a secondary accounting book:
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Go to Reports > VAT/GST > EU Intrastat Report.
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On the EU Intrastat Report page, select a subsidiary, country form, and tax period.
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In the Accounting Book field, select which accounting book will be used to generate the report.
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Click Refresh to display the report.
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Review the report. See Generating an EU Intrastat Report for more information about generating tax reports.
Related Topics:
- Formatting Dates and Numbers for VAT Reports
- Viewing VAT Report Transaction Details
- Making Adjustments on a VAT Return
- Flagging Tax Periods in a VAT Return
- Viewing the VAT Return Submission History
- Generating VAT/GST Reports
- VAT/GST Reports
- International Tax Reports
- Automatic Tax Code Provisioning
- Electronic Tax Filing Using NetSuite
- Setting Up Tax Filing Information
- Creating or Customizing Roles to Use the International Tax Reports
- Sales and Purchase Reports Grouped by Tax Code
- International Tax Reports Best Practices
- Multi-Book Accounting