Multi-Book Accounting for International Tax Reports

If you have the International Tax Reports SuiteApp and the Multi-Book Accounting feature is enabled in your account, you can generate the following reports in secondary accounting books:

• Localized VAT/GST reports

• EU Sales List

• Intrastat reports

• Supplementary tax reports

Note:

Adjusting tax amounts and group reporting are currently not supported for secondary accounting books.

Prerequisites

• Install the International Tax Reports SuiteApp. For more information, see Installing and Setting Up International Tax Reports.

• Enable the Multi-Book Accounting feature. Contact your account representatives or NetSuite Professional Services to find out how to get Multi-Book Accounting.

• Set up accounting books. For more information about multi-book accounting, see Multi-Book Accounting Overview.

To generate a localized VAT/GST or supplementary tax report in a secondary accounting book:

1. Go to Reports > VAT/GST > Tax Reports (International).

2. On the Tax Reports page, select a subsidiary, country form, and tax period.

3. In the Accounting Book field, select which accounting book will be used to generate the report.

4. If you want to generate a supplementary report, click the Supplementary button on the Tax Reports page.

5. Click Refresh to display the report.

6. Review the report. See Generating VAT/GST Reports for more information about generating tax reports.

To generate an EU Sales List in a secondary accounting book:

1. Go to Reports > VAT/GST > EU Sales List Report.

2. On the EU Sales List (ESL) Report page, select a subsidiary, country form, and tax period.

3. In the Accounting Book field, select which accounting book will be used to generate the report.

4. Click Refresh to display the report.

5. Review the report. See Generating an EU Sales List Report for more information about generating tax reports.

To generate an EU Intrastat Report in a secondary accounting book:

1. Go to Reports > VAT/GST > EU Intrastat Report.

2. On the EU Intrastat Report page, select a subsidiary, country form, and tax period.

3. In the Accounting Book field, select which accounting book will be used to generate the report.

4. Click Refresh to display the report.

5. Review the report. See Generating an EU Intrastat Report for more information about generating tax reports.

Related Topics:

• Formatting Dates and Numbers for VAT Reports
• Viewing VAT Report Transaction Details
• Making Adjustments on a VAT Return
• Flagging Tax Periods in a VAT Return
• Viewing the VAT Return Submission History
• Generating VAT/GST Reports
• VAT/GST Reports
• International Tax Reports
• Automatic Tax Code Provisioning
• Electronic Tax Filing Using NetSuite
• Setting Up Tax Filing Information
• Creating or Customizing Roles to Use the International Tax Reports
• Sales and Purchase Reports Grouped by Tax Code
• International Tax Reports Best Practices
• Multi-Book Accounting

General Notices