Including Other Sources for PIS and COFINS in Assessments

NetSuite enables you to include other sources for PIS and COFINS credits or contributions in your assessment in the following ways:

Automatically, by checking the Include Other Credits or Contributions box in the PIS and COFINS assessment.

For more information, see Assessing PIS and COFINS.
Manually, by creating other source for PIS and COFINS records.

You can manually include other sources regardless of whether you checked the Include Other Sources for PIS and COFINS box.

To include other sources for PIS and COFINS in an assessment:

Go to Reports > Brazil Reports > PIS and COFINS Assessment.
Next to the assessment you want, click View.

The PIS and COFINS assessment opens.
Click the Other Credits or Contributions subtab.
Click New Other Source for PIS and COFINS.

An other source for PIS and COFINS record opens.
1. In the Subsidiary field, select the subsidiary involved in the operation that entitles you to the tax credit or contribution.
2. In the Type of Operation field, select the type of operation that entitles you to the credit or contribution.
3. In the Tax Incidence field, select the type of tax incidence regime that applies to the credit or contribution.
  
  You can fill in this field when the tax incidence regime for the PIS and COFINS assessment is 3 - Regime Não Cumulativo e Cumulativo.
4. In the PIS CST Code field, select the Código de Situação Tributária (CST) code used to calculate the PIS amount for the credit or contribution.
5. In the COFINS CST Code field, select the CST code used to calculate the COFINS amount for the credit or contribution.
6. If the credit or contribution comes from an operation involving a customer or vendor, in the Customer or Vendor field, select the customer or vendor.
7. If the credit or contribution comes from an operation involving an item, in the Item field, select the item.
8. To associate the credit or contribution with a department, in the Department field, select the department.
  
  The department information corresponds to the cost center. It can be relevant if you generate EFD Contribuições files. For more information, see Cost Centers in Reports for Brazil.
9. In the Date field, select the date of the operation that resulted in the credit or contribution.
  
  The date must be within the start and end dates you selected on the PIS and COFINS assessment record.
10. In the Amount field, enter the revenue or expense amount that you want to include in the PIS and COFINS assessment.
11. In the PIS Calculation Basis field, enter the amount used as basis for calculating the PIS amount applicable to the credit or contribution.
12. In the PIS Rate field, enter the tax rate used to calculate the PIS amount applicable to the credit or contribution.
  
  After you enter the calculation basis and tax rate, the PIS Amount field displays the amount of PIS applicable to the credit or contribution.
13. In the COFINS Calculation Basis field, enter the amount used as basis for calculating the COFINS amount applicable to this credit or contribution.
14. In the COFINS Rate field, enter the tax rate used to calculate the COFINS amount applicable to this credit or contribution.
  
  After you enter the calculation basis and tax rate, the COFINS Amount field displays the amount of COFINS applicable to the credit or contribution.
15. If you're entering a tax credit, in the Nature of the Calculation Basis for Credit field, enter the code from SPED for the nature of the amount used as basis for calculating the PIS and COFINS credits.
  
  For example, enter 01 if the credit comes from the purchase of goods for resale.
16. If you're entering a tax credit, in the Origin of the Credit field, select the origin of the amount that entitles you to PIS and COFINS credit.
17. In the Account field, select the account to which to post the contribution or credit.
18. In the Description field, enter a description for the contribution or credit.
19. Click Save.
  
  Repeat these steps to add more credits or contributions.

To include other sources for PIS and COFINS in an assessment:

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