Creating Standalone Tax Bills for Brazil

Note:

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

If you want to register a payable tax without generating a tax assessment report, create a standalone tax bill. Each tax bill must contain a single line item representing the payable tax. If you need to register several types of taxes due, create multiple tax bills.

To create a standalone tax bill for Brazil:

1. Go to Transactions > Payables > Tax Bills > New.

   A new tax bill transaction opens.

2. Under Primary Information, do the following:

   1. In the Vendor field, select the tax authority for which you pay the tax.

      If you don't have a vendor record for the tax authority in your account, see Setting Up Vendors for Brazil.

   2. In the Assessment Period field, select the assessment period for which you're creating this tax bill.

   3. In the Revenue Code field, select the revenue code that applies to the payable tax.

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

   4. Fill in other relevant or required fields.

3. Under Classification, in the Subsidiary field, select the relevant subsidiary.

4. Add the tax item:

   1. Click the Expenses and Items subtab.

   2. Click the Items subtab.

   3. In the Item column, select the payable tax.

      NetSuite provides a list of predefined item records for supported Brazilian taxes. You can set up these items with default vendors and expense accounts. For more information, see Setting Up Tax Items for Brazil.

   4. Fill in other relevant or required fields.

   5. Click Add.

5. Click Save.

Related Topics

• Tax Bills for Brazil
• Setting Up Tax Items for Brazil
• Generating Tax Bills for Brazil from Tax Assessments
• Generating Tax Bills for Brazil in Batch

General Notices