Discussions
It’s that time of the year again! As we embrace the holiday cheer, we want to share an important announcement regarding our holiday schedule. Our dedicated team of NetSuite Support Gurus will be taking a short break to recharge during the holidays, from December 24, 2024, to January 1, 2025. We’ll be back in full swing, ready to assist you on January 2nd. During the break, feel free to explore the wealth of NetSuite resources on our platform.
As we celebrate the season's joys, we are incredibly grateful for your ongoing support and engagement. Have a fantastic holiday break, and let's gear up for an incredible 2025!
Here are some examples to get your creative juices flowing.
"Did I pay vendor John Doe last month?"
"Take me to my largest sales order for this month."
"What invoices haven't been paid yet?"
Luxembourg VAT Report for 2023
This notice applies to customers who have installed the International Tax Reports SuiteApp and your NetSuite account has a Luxembourg subsidiary.
What is Changing?
On August 22, 2023, the International Tax Reports SuiteApp version 3.127.0 will release the 2023 version of the Luxembourg VAT report. The VAT report will contain the following new boxes for reporting tax codes with the reduced rates of 16%, 13%, and 7%:
To report your transactions to the new boxes, you must use tax codes that have appropriate tax code properties. For more information, see Luxembourg Tax Code Updates for 2023.
Required Actions
For accounts with existing Luxembourg subsidiaries or nexuses, you must do one of the following:
Regards,
@Robert Nedelkow-Oracle | NetSuite Support Community Administrator
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