1. Country-Specific Features
  2. Brazil Help Topics
  3. Brazil-specific SuiteApps
  4. Brazil Reports
  5. Country Tax Reports for Brazil
  6. Generating Financial Statements for Brazil

Generating Financial Statements for Brazil

Note:

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

Brazil Reports enables you to generate the following financial statements:

To generate a financial statement for Brazil:

  1. Go to Reports > Tax > Country Tax Reports.

  2. In the Subsidiary field, select a Brazilian subsidiary.

    NetSuite automatically populates the Nexus field with the nexus associated with the subsidiary.

  3. If your subsidiary has more than one nexus and the default isn't from Brazil, in the Nexus field, select the Brazilian nexus.

  4. In the Report Name field, select the financial statement you want to generate.

  5. In the Start Date field, select the start date for the report.

  6. In the End Date field, select the end date for the report.

    Each type of report has its own periodicity. Select the dates according to the report you're generating.

  7. If you have multi-book accounting features enabled in your account, in the Accounting Book field, select the book from which you want to generate the report.

    For more information, see Multi-Book Accounting and Adjustment-Only Book Support in Tax Reporting Framework.

  8. (Optional) If you want the report to use account names and numbers from a specific accounting context, in the Accounting Context field, select the context.

    For more information, see Accounting Contexts.

  9. If you want to apply additional filters and preferences to the report, click Open Brazil Reports Settings.

    The Brazil Reports Settings page opens.

    1. If you're generating a balance sheet and want to add the signers' details to the report, do the following:

      1. In the Accountant field, select the accountant that should sign the report.

      2. In the Legal Representative field, select the legal representative that should sign the report.

    2. If you're generating a balance sheet and want to remove department information from the report, check the Generate Report Without Departments box.

      This option only applies to accounts that have the Departments features enabled. For more information, see Cost Centers in Reports for Brazil.

    3. If you want a consolidated report, check the Consolidate Information from the Parent and Child Subsidiaries box.

      Consolidated reports include information from the parent subsidiary and all its child subsidiaries.

    4. Click Save.

    5. Close the Brazil Reports Settings page.

  10. Click Generate.

    NetSuite starts generating the report.

  11. On the Report Execution Log subtab, locate the generated report.

    The latest report appears at the top of the list.

  12. In the View | Download column, wait for the loading bar to complete.

    If the report covers a long period, it may take a few minutes to finish. You're notified through email when the report is ready.

  13. To download the report in XLS format, click Download.

Related Topics

General Notices