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    Netsuite Brazil implementation queries

    edited Oct 6, 2020 10:35PM in Accounting / ERP 2 comments

    Hi

    I am looking to implement a Brazilian company into Netsuite and I have two questions

    1. With regards to 'WIthholding taxes on payment acceptance' described in suiteanswer 29523. NetSuite creates a credit memo for each invoice paid to record the effect of withholding tax on customer payments. Question, is it only possible to have this done by transaction type 'Credit memo? I would prefer the withholding tax effect be processed by journal or payment transaction type. Not a deal breaker for me, but wanted to check if other options are available.

    2. I have installed the bundle 'Brazil Localization' ID 130074. The customer field CPJ and CNPJ are really useful as it provides a validation check that we really want, however we have found the script/customisation that runs on transactions requiring us to select a CFOP code for this item really detrimental, the reason being as per conversation with local accounting experts in Brazil, applying CFOP codes to transactions is not required.

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