Nature of Transaction Code

Note:

This topic is for NetSuite accounts that use the Country Tax Report page to generate the Intrastat Supplementary Declaration for Dispatches and Arrival reports. If you are using the EU Intrastat Report page, see Nature of Transaction Code.

The Nature of Transaction Code (NOTC) indicates the type of transaction being declared in the Intrastat report.

When you choose an EU vendor or customer on a transaction form, the Tax Reporting subtab displays the NOTC field. You must fill in this field for it to be included on the Intrastat report.

The Intrastat Arrivals and Dispatches reports display the NOTC according to the country where you must file an Intrastat report.

• Belgium Transaction Code

• France Nature of Transaction Code

• Germany Nature of Transaction Code

• Ireland Nature of Transaction Code

• Netherlands Nature of Transaction Code

• Sweden Nature of Transaction Code

• United Kingdom Nature of Transaction Code

Related Topics

Intrastat Supplementary Declaration

EU Cross-Border Reports in Tax Reporting Framework

Installing Tax Reporting Framework

Roles and Permissions in Tax Reporting Framework

Setting Up Country Tax Reporting Preferences

Generating Localized Country Tax Reports

Viewing a Generated Country Tax Report

Making Adjustments on a Country Tax Report

Exporting a Country Tax Report

Electronic Tax Filing in Tax Reporting Framework

Customizing Localized Tax Returns

Assigning a Tax Reporting Category

Country Tax Reports in Tax Reporting Framework

Tax Reporting Framework Error Codes

Known Limitations of Tax Reporting Framework

General Notices