Taxation (SuiteTax)

Note:

Read these topics if your NetSuite account uses SuiteTax. SuiteTax isn't usable in accounts without SuiteTax.

Feature	Description	Prerequisites
Automatic Tax Record Provisioning for VAT Countries	Creates tax records when you select SuiteTax as your tax engine. SuiteTax enables you to use different tax engines per nexus. To begin provisioning your tax records, assign a tax registration to the subsidiary or company in SuiteTax.	Your NetSuite account administrator must submit a SuiteTax enablement request and enable the SuiteTax feature in your NetSuite account. See Enabling the SuiteTax Feature. Install the following SuiteApps: SuiteTax Engine (see Installing the SuiteTax Engine and Enabling the SuiteTax Plug–In) SuiteTax Data Records (see Installing the SuiteTax Data Records Bundle) Tax Reporting Framework (see Installing Tax Reporting Framework) EMEA Localization (see Prerequisites for Installing the EMEA Localization SuiteApp and Installing the EMEA Localization SuiteApp) Germany Localization
Editing Default Tax Codes for Nexuses	Guides you through the process of updating tax codes for each nexus. This procedure is a best practice after the SuiteTax Engine automatically provisions tax codes.
Setting Up Compliance Text on Reverse Charge Sales Invoices	The SuiteTax Engine enables you to configure the extra information required for invoices where the customers are liable for tax (sale subject to reverse charge mechanism). The compliance text is shown on invoices that use tax codes with tax types where Reverse Charge for Sales is enabled. The compliance text default configured language and text is in English. Configuration for other languages is also available. To setup compliance text, you will need to configure this feature in the nexus preferences and in the invoice templates.
Germany VAT Report	Enables you to generate the German VAT Return in English or German. For more information, see Generating Localized Country Tax Reports. For more information about the reported values on the German VAT Report, see Germany VAT Report.
Germany Recapitulative Statement (EU Sales List)	Enables you to generate the monthly Recapitulative Statement (EU Sales List) for Germany. For more information, see Germany Recapitulative Statement (EU Sales List).
Germany Intrastat	Enables you to generate the Intrastat Supplementary Declaration – Dispatches/Arrivals report, which provide information about goods transactions involving another EU Member State. For more information, see Germany Intrastat.
Germany Audit Files: GoBD Data Extract	Enables you to generate the GoBD Data Extract files. For more information, see Germany Audit Files: GoBD Data Extract.

Feature

Description

Prerequisites

Automatic Tax Record Provisioning for VAT Countries

Creates tax records when you select SuiteTax as your tax engine.

SuiteTax enables you to use different tax engines per nexus. To begin provisioning your tax records, assign a tax registration to the subsidiary or company in SuiteTax.

Your NetSuite account administrator must submit a SuiteTax enablement request and enable the SuiteTax feature in your NetSuite account. See Enabling the SuiteTax Feature.

Install the following SuiteApps:

SuiteTax Engine (see Installing the SuiteTax Engine and Enabling the SuiteTax Plug–In)
SuiteTax Data Records (see Installing the SuiteTax Data Records Bundle)
Tax Reporting Framework (see Installing Tax Reporting Framework)
EMEA Localization (see Prerequisites for Installing the EMEA Localization SuiteApp and Installing the EMEA Localization SuiteApp)
Germany Localization

Editing Default Tax Codes for Nexuses

Guides you through the process of updating tax codes for each nexus. This procedure is a best practice after the SuiteTax Engine automatically provisions tax codes.

Setting Up Compliance Text on Reverse Charge Sales Invoices

The SuiteTax Engine enables you to configure the extra information required for invoices where the customers are liable for tax (sale subject to reverse charge mechanism). The compliance text is shown on invoices that use tax codes with tax types where Reverse Charge for Sales is enabled.

The compliance text default configured language and text is in English. Configuration for other languages is also available.

To setup compliance text, you will need to configure this feature in the nexus preferences and in the invoice templates.

Germany VAT Report

Enables you to generate the German VAT Return in English or German. For more information, see Generating Localized Country Tax Reports.

For more information about the reported values on the German VAT Report, see Germany VAT Report.

Germany Recapitulative Statement (EU Sales List)

Enables you to generate the monthly Recapitulative Statement (EU Sales List) for Germany. For more information, see Germany Recapitulative Statement (EU Sales List).

Germany Intrastat

Enables you to generate the Intrastat Supplementary Declaration – Dispatches/Arrivals report, which provide information about goods transactions involving another EU Member State.

For more information, see Germany Intrastat.

Germany Audit Files: GoBD Data Extract

Enables you to generate the GoBD Data Extract files. For more information, see Germany Audit Files: GoBD Data Extract.

General Notices