NetSuite vs Business Central: Comparing Chart of Accounts

Join us for the next instalment in our webinar series, where we will compare the strengths of both systems in managing the Chart of Accounts (COA) and what you need to start thinking about for your migration to a cloud-based ERP.

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European Union Mini One Stop Shop (MOSS)

NetSuite now supports MOSS for tax reporting for digital services in the European Union (EU).

Under new EU taxation rules, sales of digital services to non-VAT registered EU customers are now tax based on the VAT rate prevailing in the customer’s country (not the seller’s). This applies to digital services including telecommunications, broadcasting, and electronically supplied services (e-services). If your company has a MOSS registration, you can use NetSuite’s EU MOSS feature together with International Tax Reports SuiteApp version 3.64 to charge, collect and report the appropriate tax for all B2C sales for digital services.

For further information on this please contact your account manager on sales@nolanbusinesssolutions.com or 01252 811663.

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