1. Country-Specific Features
  2. Brazil Help Topics
  3. Brazil-specific SuiteApps
  4. Brazil Reports
  5. Tax Assessment for Brazil
  6. Tax Bills for Brazil
  7. Generating Tax Bills for Brazil from Tax Assessments

Generating Tax Bills for Brazil from Tax Assessments

Note:

To access the Brazil Reports documentation in Brazilian Portuguese (Português do Brasil), see Brazil Reports.

If you generated a report from one of the following types of tax assessments, you can start the generation of the tax bills directly from the tax assessment record:

NetSuite leverages the information in the assessment to populate the fields in the Tax Bills Generation page and automatically search for payable tax amounts.

To generate tax bills for Brazil from a tax assessment:

  1. Go to the type of tax assessment for which you want to generate the tax bill:

    1. For ICMS, go to Reports > Brazil Reports > ICMS Assessment.

    2. For IPI, go to Reports > Brazil Reports > IPI Assessment.

    3. For ISS, go to Reports > Brazil Reports > ISS Assessment

    4. For PIS or COFINS, go to Reports > Brazil Reports > PIS and COFINS Assessment.

  2. Next to the tax assessment for which you want to generate the bill tax, click View.

  3. Click Generate Tax Bill.

    NetSuite opens the Tax Bills Generation page and populates the table on the page with the payable taxes.

  4. Under Tax Bill Information, fill in information you want to apply to all tax bills in the batch you're generating:

    1. In the Date field, select the date you want to apply to the tax bills.

      This date determines when the transaction is recognized for accounting and reporting purposes.

    2. In the Location field, select the location you want to associate with the tax bills.

    3. In the Department field, select the department or division you want to associate with the tax bills.

    4. In the Class field, select the class or category you want to associate with the tax bills.

    Note:

    The page displays the Location, Department, and Class fields if these features are enabled in your account. For more information, see Enabling Features.

  5. Check the box next to each payable tax for which you want to generate a tax bill.

    NetSuite generates one transaction per tax and adds the tax as a line item in the bill.

  6. Review each payable tax and fill in the following fields:

    1. In the Tax Revenue Code column, select the revenue code for the payable tax.

      If the revenue code you want isn't on the list, you can create a record for it. For more information, see Creating Tax Revenue Codes for Brazil.

      If the revenue code you want isn't on the list, you may need to create it or associate it with the type of tax assessment you're billing. For more information, see Tax Revenue Codes for Brazil.

    2. To add or adjust the tax authority associated with a tax bill, in the Vendor column, select the tax authority.

      NetSuite populates this information if you defined a default vendor in the item record. For more information, see Setting Up Tax Items for Brazil.

  7. Click Generate Tax Bills.

    NetSuite redirects you to the Tax Bill Generation Batch page. The page lists all tax bill generation requests in the batch alongside their details and status.

  8. Click Refresh until the Status column shows Complete.

    This status indicates that the tax bill was successfully generated.

  9. If the Status columns shows Failed, verify the Status Details column for information on what's missing or incorrect.

  10. (Optional) To view a tax bill, in the Transaction Number column, click the number.

    NetSuite opens the transaction.

Related Topics

General Notices