Tekiio Localization - Panama (SuiteTax)
Tekiio's Panamanian Localization product has been developed using NetSuite's tax, transaction and record bases, adding new tax calculation and reporting functionalities to enhance the use of NetSuite in Panama through SuiteTax's engine. The SuiteTax Panama Localization allows users to issue electronic invoices by connecting with "Hypernova" Electronic Invoicing Provider, obtain tax reports and manage tax reports.
Screenshots
Overview
Tekiio | NetSuite Localization Bundle for Panama
Endorsed and verified as SuiteApp, our Panamanian localization for NetSuite allows users to issue electronic invoices by connecting with Electronic Invoicing Providers, obtain tax reports and manage tax reports.
Key Benefits
- Legal and Tax Compliance.
- Enabled to work with the most recognized electronic invoicing integrator in Panama (Hypernova).
- Legal updates and new features included.
- Support in English and Spanish.
- Automated management of all sales and purchase taxes.
Electronic Invoicing Integration
Our Panama localization product is enabled to work with the most recognized electronic invoicing integrator in Panama: Hypernova.
Features
Procure to Pay
- Manage of purchase tax codes (Exempt / 7%).
- SuiteTax Rules.
- Vendor tax information registration and management.
- RUC Format and Uniqueness Validation Routine.
- Compatibility with Purchase order / bills and vendor payments.
- Special Localized purchase transaction forms. Fiscal recording of purchase transactions (Bill, Debit Memo and Credit Memo) Local and Importation.
Order to Cash
- Manage of sales tax codes (Exempt / 7%).
- SuiteTax Rules.
- Customer tax information registration and management.
- RUC Format and Uniqueness Validation Routine.
- Compatibility with Opportunity / Sales Order / Invoice and Customer payments.
- Special Localized sales transaction forms.
- Electronic Invoicing (Invoice, Debit Memo and Credit Memo) Local and Exportation (Services & Products).
- Multiple electronic invoicing methods (Single, Automatic).
- Embedded transaction PDF printing template.
- Automatic PDF and XML emailing to multiple customer email addresses.
Fiscal Reports
- Daily Ledger
- General Ledger
- Costs and Expenses Report (Anexo 72)
- Sales Report (Anexo 90)
- Exempt Income Report (Anexo 93)
- Other Expenses Report (Anexo 94)
- Purchase Report (Anexo 43)
Other funtionalities
- Tax calculation in Expenses (Suite Tax Operation Code)
- RUC Format and Uniqueness.
About Tekiio
Since 2008, at Tekiio we have dedicated ourselves exclusively to providing services on NetSuite. Throughout our history, we have supported more than 100 clients worldwide to enhance their operations with the #1 ERP in the cloud through our implementation, support, training and customization services. In addition, we have developed localization bundles for NetSuite that allow companies to operate efficiently in Latin America, covering the tax requirements of multiples countries:
- Argentina
- Brasil*
- Chile
- Colombia*
- Guatemala
- Ecuador
- México*
- Panamá
- Paraguay
- Uruguay
*Additional plugins to the standard NetSuite localization.
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Tekiio Localization - Panama (SuiteTax)
