Setting Up Denmark Tax Reports SuiteApp
Before you can start using Denmark Tax Reports you need to:
Enable the required features
Before installing Denmark Tax Reports SuiteApp, you must enable all the required features.
To enable required features:
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Go to Setup > Company > Setup Tasks > Enable Features (Administrator).
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Go to the Company subtab.
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On the International subtab, check the Multiple Currencies box.
Note:Multiple Currencies feature is required if your Denmark nexus is on a subsidiary with base currency other than DKK. In that case, the SAF-T report will primarily be denominated in that subsidiary's base currency, not in DKK, as required by the Denmark Business Authority.
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Go to Setup > Accounting > Accounting Preferences.
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Go to the General subtab.
On the General Ledger subtab, check the Use Account Numbers box.
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Click Save.
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Make sure that the account Number field is filled in for all accounts that are included in the report. To check that, go to: Setup > Accounting > Chart of accounts. Click Edit on an account record and fill in the Number field if it's empty.
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Click Save.
Install the required SuiteApps
The following SuiteApps must be installed before you install the Denmark Tax Reports SuiteApp in the order given:
|
SuiteApp |
Installation Procedure |
|---|---|
|
Tax Reporting Framework |
|
|
SAF-T Reporting Framework |
|
|
EMEA Localization |
Installing the EMEA Localization SuiteApp.
Important:
This SuiteApp provides the framework for local VAT reports in SuiteTax and other EMEA-specific features. After EMEA Localization is installed, make sure the Company Registration Number in the appropriate subsidiary record is provided. |
|
Denmark Localization |