Chart of accounts is something we hear a lot about, and it usually depends on different opinions from different clients depending on their size, and where they come from. But, what is charts of accounts? It’s an accounting concept. If you have an accounting ERP, you need to use accounts , these are codes and… Continue Reading
Tax Advice – Who are the right people?
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
Taxes/Withholding Taxes – Are they the same in US and Latin America?
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 to… Continue Reading
5 Compliance Challenges in Latin America
As your company expands to Latin America, you will definitely run into a few challenges, whether it is language or different accounting principles, Latin America is sure a field where you will need to consider new concepts and structures. Translation becomes important as names during procedures might change. Tax ID concept is known as RUC… Continue Reading
NetSuite’s Secret REVEALED!
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 that… Continue Reading
NetSuite & Brazil What to Expect
Baz: Hey guys thanks for coming in today! It’s one of those monthly webinars we have. It’s September. It’s that 2pm standard time webinar that we’ve been posting about all over our social media. I’m Baz, I’m here with Carlos, Edgard and Glenn. How are you feeling today gentlemen? Carlos: Great! Energized! How are you… Continue Reading
Scale Your Multi-Latin Revenue – NetSuite Implementation
Watch the full webinar HERE! Baz: Hello and welcome! Good afternoon to you all! This is the LatamReady webinar. We have Glenn and Carlos, our usual suspects, thanks for being here in our secret new location. We are doing something different, we want to have a little more entertainment just by changing up the… Continue Reading
NetSuite & Electronic Invoicing with LatamReady in Latin America Webinar
This is the FULL TRANSCRIPTion of the Electronic Invoicing webinar on NetSuite and Latin America. Watch the full webinar at https://tinyurl.com/y9hjv5sk (Intro) Baz: Hey everybody you’ve just tuned into LatamZone! This is the monthly webinar, where LatamReady holds to talk about our localization solutions, a.k.a the LatamReady SuiteApp. Today’s topic is NetSuite and E-Invoicing with LatamReady,… Continue Reading
How is NetSuite Different From Other ERP’s?
Watch the entire webinar here https://tinyurl.com/ya5f3ycj (Intro) Baz: Hey everybody! A fierce Friday to all of you and to everybody joining this webinar. Welcome! This is the official LatamReady webinar today all about NetSuite. This is the webinar where we in LatamReady always talk about Oracle NetSuite and how this great accounting software can get… Continue Reading
How Oracle + NetSuite and LatamReady Provide Financial Consolidation in Latin America
From the beginning of a barter-and-trade system, cultures have conducted businesses locally. Simple marketplaces, developing into shopping centers, moving into manufacturing, factories, and assembly lines, the nature of business has grown and spread. What was once regional and even national has started to disseminate globally. And with the advent of the internet, businesses are even… Continue Reading