Setting Tax Audit File Report Preferences

Important:

Tax Audit Files SuiteApp is not compatible with the SuiteTax feature. If the SuiteTax feature is enabled in your NetSuite account, do not install this SuiteApp.

Tax Audit Files include Period End Journal support in generating audit files report files. This feature is automatically supported per subsidiary and is validated through your subsidiary settings. See Defining Subsidiary Settings for the Period End Journal Entries Feature for more information.

The Period End Journal Entries feature meets the requirements of some subsidiaries that have statutory requirements to record entries in the general ledger for the period end transactions. Reporting of Period End Journal entries is only supported in Mexico Auxiliary Report of Accounts reports

To set your report preferences:

Go to Setup> Tax Audit Files > Report Preferences.
Choose a subsidiary from the Subsidiary dropdown list.

Note:
The Subsidiary dropdown list shows all available subsidiaries set up for the account, regardless of the nexus. To change the Period End Journal reporting preferences, select a subsidiary with a France or Mexico nexus.
In the Include Period End Journal subtab, check the Balance Sheet Closing and Balance Sheet Opening box.

The Income Statement Closing entries option is disabled by default as it is not needed in the report.

Note that the Include Period End Journal Entries options are automatically validated through your Period End Journal Entries setting in your subsidiary. See the help topic Defining Subsidiary Settings for the Period End Journal Entries Feature for more information.
Click Save.

To set your report preferences:

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