Author Archives: LatamReady: Oracle NetSuite Partner

Tax advice is a big one when we talk about international organizations. If a foreign company ventures out to Brazil for example, they will have lots of questions. What usually happens is, they hire an accountant and they say A, they hire another accountant and they say B, and that’s the classic in Latin America,Continue reading “Tax Compliance Advice for Latin America – Who are the right people?”

The example we always use is for explaining Latin American situation is, if you want to understand tax compliance in Latin America, then you can’t  take a picture, because that picture is not going to be valid next day or next month. If you work on a list of tax compliance requirements for the countriesContinue reading “Constant Change and Support – How does it affect tax compliance in Latin America??”

E-invoicing is not just invoicing, we are talking about electronic documents, very similar to the concept before about tax reporting. All of the information electronically received by the tax authority in a specific format. Every single invoice, credit memo, debit memo, waybills, withholding taxes certificates, any kind of documents that needs to be submitted toContinue reading “Understanding E-Invoicing in Latin America and how Oracle NetSuite can help”

The first idea is that taxes are very similar in the US and in Latin America. In the States, you will find VAT taxes that are common here in Latin America as well. The truth is, they’re completely different things, it’s the same concept but it’s not the same way of working. We need toContinue reading “Are taxes the same in US and Latin America? A guide for Oracle NetSuite users”

Many people assume that Electronic Invoicing is only meant to be for invoices, with no other purpose or use. However, due to the peculiar requirements Latin American countries have for Taxation, e-invoicing becomes a versatile electronic document. Before explaining its versatility, you need to understand how they work. When you issue Electronic Invoicing with LatamReadyContinue reading “E-Invoicing ≠ Invoices!? Guide to Tax Compliance in Latin America”

What is a SuiteApp? “SuiteApps are applications that extend NetSuite for your industry and business needs.” SuiteApps are the most amazing thing! They are third-party applications certified by NetSuite and built on NetSuite’s SuiteCloud platform. The official marketplace for these solutions can be found on SuiteApp.com you can find all the solutions from other third-party providers thatContinue reading “Oracle NetSuite’s Secret in Latin America REVEALED!”

Did you know that most Latin American countries will ask you for monthly electronic invoices? Yes, in 2019, every single country in Latin America has adopted electronic invoicing as mandatory. The governments, in order to control what Multi-Latin companies that operate on their countries do, demand a long list of paperwork from them every singleContinue reading “Mandatory tax requirements in Latin America! What NetSuite users need to know.”