GO Global Travel - NetSuite Bulgaria VAT

Go Global Travel successfully implemented NetSuite Bulgaria VAT Localization and NetSuite Romania VAT localization, both developed by BTS and approved by Oracle NetSuite

Go Global Travel is an innovative leading hotel consolidator and a technology provider for the tourism industry. Established in 2000, the company is partnering with over 200,000 Hotels and Apartments in more than 200 countries around the world. Go Global Travel have several multilingual offices around the globe (including Brazil, Bulgaria, Croatia, , Israel, Romania, Slovakia, South Korea, Spain and USA). More about Go Global Travel

Go Global Travel contacted us as they had decided to implement the Romania and Bulgaria Localisation bundles – developed by BTS and approved by NetSuite with the Built for NetSuite batch, as part of the global implementation of NetSuite solution. The Suiteapps NetSuite Romania VAT Localization and, NetSuite Bulgaria VAT Localization were going to be used for the VAT reposting of the Romanian and Bulgarian subsidiaries of Go Global Travel.

Bulgaria VAT Localization developed by BTS is fully integrated to NetSuite and includes:

  • Monthly VAT Return, Purchase and Sales Ledger reports, VIES declaration.
  • Reverse charge protocol numbering and PDFs generation
  • Trial balance in classic format – with starting balances, turnover for the period and ending balances
  • Integration to the Bulgarian National Bank – to bring daily rates for the BGN towards other currencies, traded by BNB and used by the customer.

The Go – live of the Bulgarian Subsidiary was made in May 2019 – the Bulgarian localization bundle was implemented in parallel with the core configuration of the system. In this case BTS was working with another NetSuite partner that built the core configuration while BTS configured the localization app for Bulgaria.

Romania VAT Localization developed by BTS is fully integrated to NetSuite and includes:

  • Reports for Anaf.ro – D300, D394 and D390, in the required by ANAF.RO xml format.
  • Purchase and Sales Reports – for internal and external audits, in xls format
  • Trial balance in classic format – with starting balances, turnover for the period and ending balances
  • Integration to the Romanian National Bank – to bring daily rates for the RON towards other currencies, traded by RNB and used by the customer.