Discussions
Stay up-to-date with the latest news from NetSuite. You’ll be in the know about how to connect with peers and take your business to new heights at our virtual, in-person, on demand events, and much more.
New AI Community Guidelines. Please review and follow them to ensure AI use stays safe, accurate, and compliant.
Keep an eye out for upcoming NetSuite events, including meetups, workshops, and webinars. These sessions are a great way to connect with peers, learn from experts, and stay current on the latest NetSuite updates and best practices. Registration links are provided in each event.
Save $30 - limited to first 1,000 registrants
Join the NetSuite community to innovate, connect, and discover what’s next.
SuiteWorld brings thousands of innovators, builders, and leaders together to learn, connect, and shape what’s next. This October, explore how to build a stronger foundation for growth through inspiring keynotes, major product reveals, hands-on sessions, and unforgettable moments—all in one place for our biggest event of the year. Register now
Join the NetSuite community to innovate, connect, and discover what’s next.
SuiteWorld brings thousands of innovators, builders, and leaders together to learn, connect, and shape what’s next. This October, explore how to build a stronger foundation for growth through inspiring keynotes, major product reveals, hands-on sessions, and unforgettable moments—all in one place for our biggest event of the year. Register now
Making Tax Digital (MTD): Reports > VAT/GST > Tax Reports (International) - submit in new currency
Hi,
I wanted to check the forum's opinion in here, in addition to our NetSuite partner.
We have setup a new accounting book in GBP currency in our Production and Sandbox environment. The reason being that we need to upload our UK Tax Reporting with HMRC by using the in-built NetSuite function for Making Tax Digital (MTD): Reports > VAT/GST > Tax Reports (International). And these records that we report need to be submitted in GBP currency (whereas our primary accounting book currency is SEK).
It seems to be a complex process to process historical transactions in NetSuite for the new accounting book (which we will need in order to report historical GBP data), and our partner is a bit reluctant to do this process.
0