1. Country-Specific Features
  2. Australia Help Topics
  3. Australia Tax Topics
  4. Viewing Australian Goods and Services Tax (GST) Reports
  5. Payment Times Report (PTR)
  6. Payment Times Report Prerequisite

Payment Times Report Prerequisite

NetSuite generates the Payment Times Report in your transaction currency. However, the Australian government requires you to submit the Payment Times Report in Australian Dollars (AUD). So, if your subsidiary in Australia uses a currency that is not in AUD, you must set up your account to convert your transaction currency to AUD.

Configuring Account to Show the AUD Currency in Payment Times Report

To set up your account to show the AUD currency in your Payment Times Report:

  1. Enable the Multiple Currencies feature.

    1. Go to Setup > Company > Setup Tasks > Enable Features.

    2. On the Company subtab, under the International section, check the Multiple Currencies box.

    3. Click Save.

    For more information, see Multiple Currencies.

  2. Add the AUD currency.

    1. Go to Lists > Accounting > Currencies > New.

    2. From the Default Locale list, select Australia (English).

    3. Complete the required fields. See Creating Currency Records.

    4. Click Save.

General Notices