Setting up Philippines-specific Features and Preferences

As a NetSuite user, your account should already be configured to suit your country and business-specific needs. However, you may check your account configuration to make sure that Philippines-specific features are enabled and working. To do this, make sure that your NetSuite role has the appropriate permissions; otherwise, you should contact your account administrator.

Enabled Features

  1. In NetSuite, go to Setup > Company > Setup Tasks > Enable Features.

  2. On the Company subtab, under the International section, make sure that the Multi-language box (if you are using more than one language in NetSuite) and Multiple Currencies box (if you are using more than one currency in NetSuite) are checked.

  3. On the SuiteCloud subtab, make sure that all boxes under SuiteBuilder, SuiteScript, and SuiteGL sections are checked.

SuiteCloud and SuiteApps

  1. In SuiteCloud, make sure that the following SuiteCloud features are enabled:

    • SuiteBuilder

    • SuiteScript

    • Custom Plug-ins

  2. For companies using NetSuite across multiple subsidiaries and countries, see OneWorld Overview.

  3. Install or confirm that the following SuiteApps have been installed (if applicable):

    • Payment Gateway - Provides integration with AsiaPay and AsiaPay External Checkout credit card payment gateways for the Philippines.

    • International Tax Reports - Provides the pre-configured VAT tax codes and rates as well as VAT reports.

    • Withholding Tax - Provides pre-configured withholding tax codes and rates as well as withholding tax reports.

    • Tax Audit Files - Provides the Philippines RR 9–2009 books of accounts in CSV format.

    • Supplementary Tax Calculation - Enables application of nondeductible input tax on transactions.

    For more information about NetSuite SuiteApps and how to install them, see NetSuite SuiteApps.

NetSuite Company Settings

NetSuite can also be localized based on the specific country requirements and preferences. For the Philippines, you need to:

  1. Go to Setup > Company > Setup Tasks > Company Information and do the following:

    1. Set Currency Locale for the Philippines, with Philippine Peso (PHP) as Currency Symbol.

    2. In the VAT Registration No. field, specify the Tax Identification Number.

  2. Go to Setup > Company > Preferences > General Preferences.

    1. Specify the Date and Long Date Format, typically MM/DD/YYYY and Month DD, YYYY.

    2. Specify the time format, typically hh:mm AM/PM.

    3. Specify the number format: 1,000,000.00

      For more information about localizing general account preferences in NetSuite, see Set Company Preferences.

User Preferences

In NetSuite, users can define their personal preferences, which you can know more about in Setting Personal Preferences. To set personal preferences suited for using NetSuite in the Philippines, go to the Home page, point to the Home icon and click Set Preferences. On the General subtab, go to the Localization section where you can set the following locale-specific preferences:

For more information, see General Personal Preferences.

General Notices