Webinar German VAT changes July 1st 2020 - what to do in NetSuite

The VAT changes are currently valid between July 1st and December 31st 2020 - Corona might change that. However, at some point the VAT changes will have be reversed or even changed again.
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More and more German companies are choosing NetSuite as their central ERP and accounting solution. Many international companies also use NetSuite in their German branch. Since NetSuite has been certified for Germany since 2009, this is also very possible. Nonetheless, Alta Via's consulting practice has proven a number of minor additions that improve the way NetSuite works in Germany. We have now decided to combine them into a separate German bundle.

With the strong expansion of NetSuite especially into the German market and the associated investments in the further development of the software, some additions could be in the future in the NetSuite standard. On the other hand we always get new ideas in our daily practice. In this respect, this bundle will experience changes again and again.

The new tax codes for 5% and 16% and all other needed tax codes with notional rate 16% and 5% as defined by NetSuite can be added to an existing German nexus with a button on the German subsidiary. You can switch sales transactions between the old and the new tax code. This might be useful as the tax code depends on the delivery date.

We also provide a script library to automate the selection of the correct tax code depending on the date.

Stay tuned here or @ http://www.altavia.de
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all Alta Via's SuiteApps

German bundle for NetSuite - https://bit.ly/2VhX858
DATEV Export for NetSuite - https://bit.ly/3h1LWBU
Dunning for NetSuite - https://bit.ly/35LSFMu
Travel Expenses - https://bit.ly/3ewWqYz
Vacation & Resource Planning - https://bit.ly/3kgnRJJ