Switzerland Localisation for NetSuite
With the Switzerland Localisation SuiteApp, the NetSuite ERP Suite receives comprehensive local functionality for managing your Finances in Switzerland - from fulfilling statutory requirements in VAT Reporting to industry standard practices such as 5-cent rounding, QR Invoicing in Accounts Receivable and Payable, or Electronic File Payments within Switzerland, inside as well as outside of Europe. Along with this functionality, implementations can also benefit from the Switzerland Localisation SuiteApp with features around automatic import of daily or monthly exchange rates from government sources such as the Federal Tax Authorities of Switzerland (ESTV) or European Central Bank (ECB) - for up to 16 years into the past by the click of a button.
Screenshots
Overview
MAKING NETSUITE THE PERFECT ERP FOR YOUR BUSINESS IN SWITZERLAND
With the Switzerland Localisation SuiteApp, the NetSuite ERP Suite receives comprehensive local functionality for managing your Finances in Switzerland.
Key Benefits
From fulfilling statutory requirements in VAT Reporting to industry standard practices such as:
5-cent rounding
QR Invoicing in Accounts Receivable and Payables
Or Electronic File Payments within Switzerland, inside as well as outside of Europe.
Additional Benefits
The Inplenion.Software Switzerland Localisation SuiteApp provides functionality across ERP processes to meet the high demands of Switzerland’s accounting teams directly in NetSuite. This achieves both efficiency and a more strategic approach in their workflows minimizing the need for involvement of extra resources in their business processes. Ensure compliance with local Swiss laws and increase cross reporting process automation, a national Swiss objective.
Features
5 Cent Rounding
Our SuiteApp supports automatic invoice rounding to the nearest 5 cents by debiting or crediting the tax amount of the transaction line with the highest tax amount, ensuring that total gross amounts round correctly and all GL impacts tally and add up.
QR-Bill Slip Generator
The SuiteApp generates Swiss QR-Invoices - with or without reference and both in QR-Reference as well as ISO11649 standard.
Customer Payments Processor
The SuiteApp supports the processing and reconciling of incoming customer payment statements, both for NetSuite’s native Bank Statements as well as Payment Statements.
Swiss VAT Reporting
The built-in Swiss VAT report offers significant benefits to customers by:
- Ensuring Accuracy: Leverages your existing NetSuite transactional data, eliminating manual data entry and reducing errors in VAT reporting.
- Saving Time: Automates the generation of Swiss VAT reports, freeing up valuable time for other tasks.
- Improving Compliance: Helps you stay compliant with Swiss VAT regulations, minimizing the risk of penalties and fines.
- Gaining Insights: Provides a clear and comprehensive overview of your VAT position, enabling better financial decision-making.
- Increasing Efficiency: Streamlines your VAT reporting process, improving overall efficiency and productivity.
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Switzerland Localisation for NetSuite
