Localisation Belgium

Discover our SuiteSolution Belgium Localisation Pack that offers additional solutions to better meet legal and accounting compliance for Belgian GAAP processes, in addition to what NetSuite offers in the standard functionalities and localization bundle.

Introduction to NetSuite BE Localization Solution

NFor businesses operating in Belgium, ensuring compliance with Belgium GAAP (Generally Accepted Accounting Principles) is essential. While NetSuite provides standard localization functionalities, many Belgian users require tailored enhancements to meet specific legal and accounting needs.

Novutech’s BE Localization Accelerator bridges this gap, delivering a comprehensive solution designed to meet the requirements of NetSuite users in Belgium and ensure seamless compliance with local regulations.

BE Localization objectives and pain points

Navigating the complexities of Belgian legal and accounting requirements can be challenging with NetSuite’s native functionalities alone. Many businesses require a solution that not only simplifies compliance but also integrates seamlessly into their existing NetSuite setup.

The BE Localization Accelerator provides:

  • Enhanced Reporting: Streamlined VAT, tax, and statistical reporting tailored for Belgium GAAP.
  • Accounting Compliance: Customizations that align with local legal standards.
  • Ease of Use: Simple, flexible features that integrate with NetSuite’s standard components.

Key features of the BE Localization Solution

  • VAT and Intrastat Reporting
    Fully compliant and accurate configuration of VAT and Intrastat reports.
  • F01DGS Report Data Collection
    Simplifies data collection for F01DGS reporting requirements.
  • VAT Refund and Other Reports
    Generate VAT refund data and additional necessary reports.
  • Support for Tax Form 281.50
    Automate and streamline the reporting process for Belgian tax form 281.50.
  • Reconciliation of VAT Sales Boxes and Revenues
    Ensure accurate reconciliation for VAT and revenue reporting.
  • GAAP-Compliant Customizations
    Customize financial statements and standard reports to align with Belgian GAAP.
  • SEPA/Non-SEPA/International Payment Formats
    Support for various payment file formats to handle local and international transactions.
  • How we implement the BE Localization Solution

    Our implementation process is quick and straightforward:

    1. Setup and Configuration: We configure the solution to ensure compliance with Belgian regulations.
    2. User Training: Provide your team with the knowledge needed to operate the accelerator effectively.
    3. Deployment: Seamlessly integrate the solution into your NetSuite account.
    • Timeline: Implementation within a few days (based on your availability).
    • Pricing: Fixed implementation fee.

    Customer feedback

    Here’s what our clients value about the BE Localization Solution:

    • "Straightforward implementation with excellent results."
    • "Seamless integration with standard NetSuite processes."
    • "Deep understanding of Belgian accounting rules and compliance requirements."
    • "Clear and useful guidelines during the setup and training process."

    Achieve Belgian Compliance with ease!

    Novutech’s BE Localization Accelerator ensures full compliance with Belgian legal and accounting standards while simplifying your reporting and financial processes. Contact us today to learn how this solution can enhance your NetSuite experience.

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