1. Country-Specific Features
  2. France Help Topics
  3. Setting Up France-Specific Preferences

Setting Up France-Specific Preferences

To setup your NetSuite account according to France-specific preferences, you must adjust your NetSuite Company, and Subsidiary settings.

Note:

Make sure that your NetSuite role has the appropriate permissions to set up company preferences specific to France.

To adjust NetSuite Company settings:

  1. Go to Setup > Company > Setup Tasks > States/Provinces/Counties.

  2. Add a record for each of the the Departments of France.

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

    1. In the Date Format field, select the date format to DD/MM/YYYY and long date format to DD Month YYYY.

    2. In the Number Format field, select your preferred format.

    3. On the Accounting Contexts subtab, create an accounting context (for example, you can call it France) if your main Chart of Accounts is not the statutory France Chart of Accounts. For more information, see Accounting Contexts.

    4. On the Languages subtab, make sure that Francais (France) is selected. You can also select other languages that you would like to use on your website or on printed transactions.

    For more information about localizing preferences in NetSuite, see General Personal Preferences.

  4. Go to Setup > Company > Setup Tasks > Company Information.

    1. Set the currency for France. For more information, see Setting a Base Currency.

    2. Enter the VAT registration number for the parent subsidiary.

    3. Select the appropriate time zone: Time zone: (GMT+01:00) Brussels, Copenhagen, Madrid, Paris.

  5. Click Save.

To adjust NetSuite Subsidiary settings:

  1. Go to Setup > Company > Classifications > Subsidiaries.

  2. Create a subsidiary record for each of your legal entities. For more information, see Creating Subsidiary Records.

  3. On the Subsidiary page, define the following settings:

    1. Enter a VAT registration number.

      The VAT registration number will be used for SIREN calculation for the FEC file.

    2. Check the GL Impact Locking box. Enabling the GL Impact Locking feature is a FEC compliance requirement.

      This option is visible only in NetSuite OneWorld accounts when the GL Audit Numbering feature is enabled. When you use GL Impact Locking for a company or a subsidiary, any change to a general ledger impacted field or entity field on a GL numbered impacting transaction (after running a GL audit numbering sequence) automatically generates copy and reversal transactions. These transactions are displayed on the GL Impact subtab of the original general ledger impacted transaction. For more information, see GL Impact Locking.

    3. Check the Enable Period End Journal Entries box to be compliant with the FEC requirements. Define additional settings for Period Journal Entries on the Subsidiary Settings Manager page. For more information, see Defining Subsidiary Settings for the Period End Journal Entries Feature.

      The Period End Journal Entries feature processes and posts subsidiary consolidation and income statement closing using a transaction type called Period End Journal. Period End Journals are generated automatically when you complete the Create Period End Journals task on the Period Close Checklist. For more information, see Period End Journal Entries.

  4. (Optional) If you have subsidiaries in different countries, which require different format settings such as date, number, time zone, and CSV column delimiter, set those preferences on the Preferences subtab.

    Note:

    If you have subsidiaries in different countries with different format settings, you can select language preferences for each subsidiary. Go to Setup > Company > Preferences > General Preferences and select the language in the Languages subtab. For more information, see Configuring Multiple Languages.

Adjusting NetSuite User Preferences

As a best practice, define preferences at the company or subsidiary level. User preferences usually take precedence over the other preferences set for a role, subsidiary, or company. If a user is linked to a subsidiary, that user will inherit the settings set on the subsidiary record. For more information, see General Personal Preferences.

To set user preferences for France Account:

  1. Go to Home > Set Preferences.

  2. On the Localization subtab, set your preferred settings.

  3. On the Formatting subtab, set your preferred settings.

  4. Click Save.

Related Topics

General Notices