1. Country-Specific Features
  2. Philippines Help Topics
  3. Philippines Tax Topics
  4. VAT Reports - Philippines
  5. VAT RELIEF Reports
  6. Generating the Summary List of Sales (SLS) or Summary List of Purchases (SLP)

Generating the Summary List of Sales (SLS) or Summary List of Purchases (SLP)

The SLS and SLP reports produced by NetSuite are intended for record-keeping purposes only. For paper-based submission, you're required to use the official paper forms provided by the government. For electronic submission (online filing), you can submit the DAT file generated by NetSuite.

Make sure that your tax filing setup is correct before you generate the DAT file for online submission. See Setting Up Tax Filing for the Philippines. You should also review all the values in the report prior to submission. You can save the PDF file to review the content of the report before generating the DAT file.

To generate the SLS or SLP:

  1. Go to Reports > VAT/GST > Tax Reports (International).

  2. If you're using NetSuite OneWorld, select a subsidiary. In the Country Form field, the Philippines report is automatically selected.

  3. Choose a tax period for the report. The selected tax period should match the VAT reporting period specified in the tax filing setup.

    Note:

    You can create SLS and SLP for a tax period covering one month or one quarter. For reference purposes, the BIR requires a report covering one quarter only.

  4. Click Supplementary and select SLS or SLP to save the reports in any of the following formats:

    • PDF

    • CSV

    Each time you change the tax period, click Refresh.

  5. Click Export to DAT to generate SLS and SLP DAT files. A popup message appears to ask if you want to flag the transactions included in the report.

    • If you click Yes, the transactions are flagged. This flag indicates that the transactions have been reported (included in the VAT returns). This action cannot be undone.

    • If you click No, the file is exported but the transactions are not flagged.

    For more information about flagging transactions, see Flagging Tax Periods in a VAT Return.

The System Notes subtab lists all the DAT files generated for the selected subsidiary. The list also shows the user name, date, reporting period, link to the DAT file for downloading, and a copy of the report generated for viewing or printing. For more information about VAT return submission history, see Viewing the VAT Return Submission History.

Related Topics

General Notices