Tag Archives: NetSuite

Croatia joins the European Union

On 1 July 2013, Croatia will become part of the European Union (EU). In line with this, the following changes will be made to NetSuite accounts:

  1. Entity records – the Tax Reg. Number (Financial tab) will have ‘HR’ as the country prefix
  2. Tax Code pages for Croatia will include additional tax code properties just like the other EU member countries
  3. EU Sales List and Intrastat reports will be updated to include transactions to/from Croatia beginning 1 July 2013
  4. VIES validation

Note: These changes will be available by mid-June 2013

Other Tax Rate Changes

The following countries have announced increases effective July 1, 2013:

 

Country

New Rates

Standard

Reduced

 

Italy*

22.0%

10.0%

Slovenia

22.0%

9.5%

Canada (Manitoba)

8%**

-

 

*For approval of the Parliament; reduced rate remains unchanged at 10%

**Provincial Sales Tax (PST)

Visit SuiteAnswers for more information. The related answer IDs are 30300 and 30302. Please contact us if you need further help.

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SuiteWorld 2013 Keynotes

Last month, we saw what the future holds for us at SuiteWorld 2013. Now you can watch for yourself in these three entertaining keynotes.

Operations Transformed, Visions Realized
Zach Nelson, CEO NetSuite

May 14, 2013, 9:00 a.m.–11:00 a.m. PST

Transforming Technology to Transform Your Business
Evan Goldberg, Founder, CTO & Chairman of the Board

May 15, 2013, 10:30 a.m.–11:00 a.m. PST

ERP Inside Out: What’s New and Relevant to Your Business Success
Jim McGeever, COO, NetSuite

May 16, 2013, 10:00 a.m.–10:30 a.m. PST

(First Hosted’s very own Andrew Peddie appears at 50:49).

Gartner Names NetSuite The Fastest Growing Financial Management Software Vendor Globally

SAN MATEO, Calif., May 13, 2013 /PRNewswire/ — NetSuite Inc. (NYSE: N), the industry’s leading provider of cloud-based financials / ERP software suites, today announced that it is has been named the fastest growing financial management software vendor globally in 2012, according to the latest research on Financial Management Software (FMS) from Gartner Inc., Market Share: All Software Markets, Worldwide, 2012, published on March 29, 2013. NetSuite has been named the fastest growing financial management software vendor in North America for the last four years and in 2012, became the fastest growing vendor on a global basis, according to the leading industry analyst firm.

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