Spain Account Setup

Setting up an account for an organization doing business in Spain requires enabling several features and installing additional SuiteApps.

Enabling Features

Some features available in your NetSuite account can be important or even essential for users in Spain. If they are inactive, you should consider enabling them. Follow the instructions below to enable the most common features beneficial for users in Spain. For information about the features of a specific product area, see Functional Areas, and check the exact requirements.

If you do not have sufficient permissions to enable features, contact your account administrator.

To enable features

Go to Setup > Company > Setup Tasks > Enable Features (Administrator).
On the Company subtab, go to the International section, and check the Multi-language and Multiple Currencies boxes.
On the Accounting subtab, go to the Basic Features section, and check the GL Audit Numbering box.
(Optional) On the Accounting subtab, go to the Advanced Features section, and check the Period End Journal Entries and Foreign Currency Variance Mapping boxes.
On the SuiteCloud subtab, enable the desired features under the following sections:
- SuiteBuilder
- SuiteScript
- SuiteGL
- SuiteFlow
For more information about SuiteCloud features, see SuiteCloud Features.
If your company is registered for the EU MOSS VAT scheme, check the EU Mini One Stop Shop box on the Tax subtab.
Click Save.

Available SuiteApps

Some additional features require installation of a specific SuiteApp. SuiteApps are applications that extend NetSuite for specific industry and business needs. For information about the required SuiteApps for specific product areas, see Functional Areas.

Spain-specific features are currently available in the following SuiteApps:

SuiteApp	Functional Area	Description
Electronic Bank Payments	Payments	Enables bank payments of vendor bills, employee expenses, partner and employee commissions, customer refunds, and customer payments within Spain. The SuiteApp supports the following formats: AEB - Norma 34 SEPA Credit Transfer (ABN AMRO Bank) SEPA Credit Transfer (HSBC)
International Tax Reports	Taxation Features For Accounts Without SuiteTax	Generates the Spanish VAT returns in English or Spanish, sales and purchase reports by tax code, EU sales list reports, and Intrastat reports (DEB). If the SuiteTax feature is enabled in your NetSuite account, do not install the International Tax Reports SuiteApp.
Supplementary Tax Calculation	Taxation Features For Accounts Without SuiteTax	Manages EU Reverse charges through automatic posting of notional VAT to the General Ledger (GL), and provides support for the calculation of non-deductible input tax. This SuiteApp works in conjunction with the International Tax Reports SuiteApp and is not compatible with SuiteTax. For more information, see Recording Nondeductible Input Tax and Setting Up Tax Codes to Post Notional Tax Amounts. This SuiteApp also supports VAT on prompt payment discounts. For more information, see Recording Tax on Prompt Payment Discount. If the SuiteTax feature is enabled in your NetSuite account, do not install the Supplementary Tax Calculation SuiteApp.
Tax Audit Files	Taxation Features For Accounts Without SuiteTax	Generates an extract of general ledger data to a format that complies with government statutory requirements. Tax Audit Files SuiteApp is not compatible with the SuiteTax feature. If the SuiteTax feature is enabled in your NetSuite account, do not install Tax Audit Files SuiteApp.
SuiteTax Engine	Taxation Features For Accounts With SuiteTax	For NetSuite accounts with the SuiteTax feature enabled, the SuiteTax Engine sets default tax codes based on local tax requirements.
Tax Reporting Framework	Taxation Features For Accounts With SuiteTax	This SuiteApps enables to generate VAT reports, tax audit files, EU Cross-Border reports (Intrastat and EC Sales List). For Spain, the generic summary and detailed tax reports are available to support you in producing the VAT return.
EMEA Localization	Payments Taxation Features For Accounts With SuiteTax	Provides custom lists and custom fields that will be used to generate tax reports. and electronic bank payments for countries in the EMEA region
Spain Localization	Tax Reporting for Accounts with SuiteTax Visual Drill-down and Electronic Format Interpretation of AEAT Response XML Files Financial Reports	The Spain Localization SuiteApp enables Spanish businesses to comply with tax requirements by easily generating financial and tax reports that are commonly used in Spain.

SuiteApp

Functional Area

Description

Electronic Bank Payments

Payments

Enables bank payments of vendor bills, employee expenses, partner and employee commissions, customer refunds, and customer payments within Spain. The SuiteApp supports the following formats:

AEB - Norma 34
SEPA Credit Transfer (ABN AMRO Bank)
SEPA Credit Transfer (HSBC)

International Tax Reports

Taxation Features For Accounts Without SuiteTax

Generates the Spanish VAT returns in English or Spanish, sales and purchase reports by tax code, EU sales list reports, and Intrastat reports (DEB).

If the SuiteTax feature is enabled in your NetSuite account, do not install the International Tax Reports SuiteApp.

Supplementary Tax Calculation

Taxation Features For Accounts Without SuiteTax

Manages EU Reverse charges through automatic posting of notional VAT to the General Ledger (GL), and provides support for the calculation of non-deductible input tax. This SuiteApp works in conjunction with the International Tax Reports SuiteApp and is not compatible with SuiteTax. For more information, see Recording Nondeductible Input Tax and Setting Up Tax Codes to Post Notional Tax Amounts. This SuiteApp also supports VAT on prompt payment discounts. For more information, see Recording Tax on Prompt Payment Discount.

If the SuiteTax feature is enabled in your NetSuite account, do not install the Supplementary Tax Calculation SuiteApp.

Tax Audit Files

Taxation Features For Accounts Without SuiteTax

Generates an extract of general ledger data to a format that complies with government statutory requirements. Tax Audit Files SuiteApp is not compatible with the SuiteTax feature.

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

SuiteTax Engine

Taxation Features For Accounts With SuiteTax

For NetSuite accounts with the SuiteTax feature enabled, the SuiteTax Engine sets default tax codes based on local tax requirements.

Tax Reporting Framework

Taxation Features For Accounts With SuiteTax

This SuiteApps enables to generate VAT reports, tax audit files, EU Cross-Border reports (Intrastat and EC Sales List). For Spain, the generic summary and detailed tax reports are available to support you in producing the VAT return.

EMEA Localization

Payments
Taxation Features For Accounts With SuiteTax

Provides custom lists and custom fields that will be used to generate tax reports. and electronic bank payments for countries in the EMEA region

Spain Localization

Tax Reporting for Accounts with SuiteTax
Visual Drill-down and Electronic Format
Interpretation of AEAT Response XML Files
Financial Reports

The Spain Localization SuiteApp enables Spanish businesses to comply with tax requirements by easily generating financial and tax reports that are commonly used in Spain.

To install a SuiteApp:

Go to Customization > SuiteBundler > Search & Install Bundles.
Search the SuiteApps using their names or their Bundle IDs.
On the Bundle Details page, click Install.

If you do not have sufficient permissions to enable features, contact your account administrator.

For more information about SuiteApps, see NetSuite SuiteApps.

For more information about SuiteApps installation, see Installing a Bundle.

General Notices