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NetSuite Launches United Arab Emirates FTA VAT Audit File (FAF) Report

edited Dec 23, 2019 11:43PM in Accounting / ERP

The Tax Audit Files SuiteApp was upgraded to version 1.69.0 on October 23, 2018. The update includes a new feature – United Arab Emirates FTA VAT Audit File or FAF report. This report is an export of accounting entries found in the NetSuite General Ledger and includes the master file data for customers and suppliers, details of invoices, payments, and adjustments. The report is downloadable in CSV file format as specified by UAE’s Federal Tax Authority (FTA). For more information about the feature, refer to Help Center and SuiteAnswers.

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