Alta Via Simplifies German Tax Compliance with Localization Germany 2.1 for NetSuite
Berlin/Angelbachtal – 20.02.2025
We are pleased to announce the release of Localization Germany 2.1, an update designed to simplify German tax processes for NetSuite users. This release focuses on addressing key challenges faced by businesses operating in Germany, particularly those transitioning to NetSuite SuiteTax.
Streamlining with German Tax Compliance
“We understand that managing German tax compliance within NetSuite can be complex,” says Natalia Shilova, Product Owner and Consultant of. “Localization Germany 2.1 provides two essential enhancements to streamline these processes, allowing businesses to focus on their core operations.”
Key Features of Localization Germany 2.1
- Effortless German VAT declaration: Prepare and submit your German VAT declaration (Umsatzsteuer-Voranmeldung) directly within NetSuite, eliminating manual processes and reducing errors.
- Flexible Fields for XRechnung: Maintain customized XRechnung fields while seamlessly integrating with Alta Via’s solution, ensuring compliance with German e-invoicing standards.
- SuiteTax Support: Localization Germany 2.1 delivers crucial updates to address urgent SuiteTax challenges, including:
- VAT Clawback (Skonto): Effectively manage VAT clawback with improved functionality.
- XRechnung Compliance: Generate compliant XRechnung invoices with ease.
Ongoing Commitment to SuiteTax Integration
Alta Via is actively developing a comprehensive SuiteTax integration for Localization Germany. Planned features include compatibility with DATEV accounting software and Kontenblatt reporting.
“We are committed to making the transition to SuiteTax as smooth as possible for our German customers,” says Natalia Shilova. “
Localization Germany 2.1 is a significant step in that direction, and we will continue to enhance our solution to meet the evolving needs of businesses in Germany.”
Availability
For our customers using NetSuite Localization Germany 2.1 is updated automatically. For NetSuite users who haven’t implemented Alta Via’s German Bundle yet, please visit our product page or contact us for a free demo.
About Alta Via
Alta Via Consulting is a trusted provider of NetSuite solutions, helping businesses optimize their operations and achieve their growth objectives. With deep expertise in internationalization and localization, Alta Via empowers businesses to navigate the complexities of global markets.
For further information, please contact marketing@altavia.de