1. Accounting
  2. Taxation
  3. Legacy Tax
  4. European Union (EU) Tax Topics
  5. EU One Stop Shop (OSS)
  6. Generating a MOSS Transactions Report

Generating a MOSS Transactions Report

Important:

This information is for transactions created before July 1, 2021, using the MOSS scheme. For transactions created after July 1, 2021 that use the OSS scheme, use the Tax Reporting Framework SuiteApp for reporting.

MOSS reporting is different for each country. You can customize the Sales by Tax Code Detail report to include all your MOSS transactions, grouped by tax code.

By default, NetSuite shows the amounts in all tax reports using the subsidiary’s base currency. If your subsidiary’s base currency is different from your tax reporting currency, you should customize the report to include foreign currency (transaction currency) amounts. For example, if your base currency is USD but your MOSS nexus is Germany, customize the report to show the foreign currency amounts from the transactions. Show the Euro amounts, because you'll need to report in Euros.

After you rename and save your customized MOSS report, you can run it at the end of each quarter to get the values you need for your MOSS VAT returns.

For information about the criteria that define a MOSS transaction, see OSS Transactions.

To customize the Sales by Tax Code Detail report to generate a MOSS report:

  1. Go to Reports > VAT/GST > Sales by Tax Code (Detail).

  2. In the Name field, enter a name for this customized report (for example, OSS Sales by Consumer Country).

  3. Add the OSS filter:

    1. In the Search Fields box, enter OSS.

    2. Click Search.

    3. Click OSS Transaction in the search result.

    For more information about adding filters, see Filtering Data on Reports.

  4. If your OSS transactions are in different currencies, show the transaction currency net amount and tax amount:

    1. In the Add Fields field, select the following:

      • Amount (Foreign Currency)

      • Foreign Tax Amount (Inverse)

    2. Enter a new heading for each column or leave the default heading.

    3. Reorder the report columns, if desired.

  5. Click Save As.

For more information about customizing reports, see Report Customization.

After saving your customized OSS report, you can use it to generate a report of OSS transactions for a specific period and subsidiary.

Related Topics

General Notices