If we have a Slovenia subsidiary and nexus and we have the International Tax Reports SuiteApp installed in our NetSuite account, we can generate the Slovenia VAT Report, in English or Slovenian, from Reports > VAT/GST > Tax Reports (International).
To generate the tax report for Slovenia, use the tax code properties provided by the International Tax Reports SuiteApp.
Slovenia Tax Codes
Tax codes determine how much tax is paid on each transaction line item. For NetSuite to calculate correct values on transaction records and tax reports, make sure that the tax codes for Slovenia are set up correctly.
Tax Code Table for Slovenia
The following table shows the tax properties required to correctly generate the Slovenia tax reports provided by the International Tax Reports SuiteApp. The tax code names or letters used in the following table are suggested names or default system preferences. we can rename the tax codes. Tax reports identify transactions by looking at the tax code properties, not the tax code names.
On the New Tax Code or Edit Tax Code page, check the boxes of the properties that apply to the tax code.
Important: Please consult the relevant tax agency for the correct tax rates.
| Tax Code | Description | Property | Rate | Notional Rate | Available On |
| E-SI | Exempt | Exempt | 0% | — | Both (Sales and Purchases) |
| ER-SI | EU sales/purchases (goods) – reduced rate | EC Code Reduced Rate | 0% | R-SI | Both (Sales and Purchases) |
| ES-SI | EU sales/purchases (goods) | EC Code | 0% | S-SI | Both (Sales and Purchases) |
| ESR-SI | EC sales/purchases to another EC country (goods) – super reduced rate | — | 0% | 5% | Both (Sales and Purchases) |
| ESSP-SI | EU purchases (services) | EC Code Applies to Service Items Reverse Charge Code Special Reduced Rate | 0% | S-SI | Both (Sales and Purchases) |
| ESSP2-SI | EU purchases (services) – reduced rate | EC Code Applies to Service Items Reverse Charge Code Reduced Rate | 0% | R-SI | Both (Sales and Purchases) |
| ESSP3-SI | EC Purchases (services) – super reduced rate | Applies to Service Items | 0% | 5% | Both (Sales and Purchases) |
| ESSS-SI | EU sales (services) | EC Code Applies to Service Items | 0% | S-SI | Both (Sales and Purchases) |
| EZ-SI | EU sales/purchases (goods) – zero rate | EC Code | 0% | Z-SI | Both (Sales and Purchases) |
| FAE-SI | Exempt acquisition of fixed assets | Capital Goods | 0% | — | Purchases |
| FAR-SI | Acquisition of fixed assets at 9.5% | Capital Goods | 9.5% | — | Purchases |
| FASR-SI | Acquisition of fixed assets at 5% | Capital Goods | 5% | — | Purchases |
| FAS-SI | Acquisition of fixed assets at 22% | Capital Goods | 22% | — | Purchases |
| I-SI | Purchase of goods from outside of EU | Import | 20% | — | Both (Sales and Purchases) |
| IS-SI | Purchase of services from outside of EU | Import Applies to Service Items Reverse Charge | 0% | S-SI | Both (Sales and Purchases) |
| O-SI | Sale of goods outside of EU | Export | 0% | — | Both (Sales and Purchases) |
| OS-SI | Supply of services outside of EU | Export Applies to Service Items | 0% | — | Both (Sales and Purchases) |
| R-SI | Reduced rate | Reduced Rate | 9.5% | — | Both (Sales and Purchases) |
| RC-SI | Reverse charge in country | Reverse Charge Code | 0% | S-SI | Both (Sales and Purchases) |
| S-SI | Standard rate | — | 22% | — | Both (Sales and Purchases) |
| SR-SI | Super reduced rate | — | 5% | — | Both (Sales and Purchases) |
| Z-SI | Zero rated sales | — | 0% | — | Both (Sales and Purchases) |
We can edit the tax code name in our NetSuite account to the ones currently used to avoid having confusion as to which tax code to use in transactions. Currently, the tax codes configured for the Slovenia region in the NetSuite account is as below:
NetSuite gets the values in the report from our transactions, but some boxes in the form may require us to enter data manually. It is important that we save a PDF file of the report for our own records because NetSuite cannot audit manually entered data. We should review all the values in the report. We can click the values in the boxes of the VAT report to view drill down details.
The NetSuite VAT/GST tax form is designed to look like the official tax form for ease of use when completing the official return form. It is not intended for submission to the tax agency.
What goes into each box – Slovenia VAT Report
The following table shows how NetSuite uses the tax codes to get the values for the Slovenia VAT Report.
| Box | Description | Amount |
| I. Supplies of Goods and Services (VAT excluded | ||
| 11 | Supplies of goods and services | Net amount of sales S-SI, R-SI, SR-SI, Z-SI |
| 11a | Supplies of goods and services in Slovenia for which VAT shall be calculated by the recipient | Net amount of sales RC-SI |
| 12 | Supplies of goods and services to other EU Member States | Net amount of sales ES-SI, ER-SI, ESR-SI, EZ-SI, ESSS-SI, ESSP-SI |
| 13 | Distance selling of goods | Editable field |
| 14 | Assembly and installation of goods in the other Member State | Editable field |
| 15 | Supplies exempt without the right to VAT deduction | Net amount of sales E-SI, O-SI, OS-SI |
| II. VAT Charged | ||
| 21 | At a rate of 22% | Tax amount of sales S-SI; Notional tax amount of purchases RC-SI; Tax amount of sales adjustments box21, S-SI |
| 22 | At a rate of 9.5% | Tax amount of sales R-SI; Tax amount of sales adjustment box22, R-SI |
| 22a | At a rate of 5% | Tax amount of sales SR-SI |
| 23 | From acquisition of goods from other EU Member States at standard tax rate | Notional tax amount of purchases ES-SI |
| 23a | For services received from other EU Member States at standard tax rate | Notional tax amount of purchases ESSP-SI |
| 24 | From acquisition of goods from other EU Member States at reduced tax rate | Notional tax amount of purchases ER-SI |
| 24a | For services received from other EU Member States at reduced tax rate | Notional tax amount of purchases ESSP2-SI |
| 24b | From acquisition of goods from other EU Member States at a rate | Notional tax amount of purchases ESR-SI |
| 24c | For services received from other EU Member States at a rate | Notional tax amount of purchases ESSP3-SI |
| 25 | On the grounds of self-assessment as recipients of goods and services at standard tax rate | Editable field |
| 25a | On the grounds of self-assessment as recipients of goods and services at reduced tax rate | Editable field |
| 25b | On the grounds of self-assessment as recipients of goods and services at a rate | Editable field for user manual input of reporting of Box 25b |
| 26 | On the grounds of self-assessment on import | Tax amount of purchases I-SI; Tax amount of purchase adjustment box26, I-SI |
| III. Purchase of Goods and Services (VAT excluded) | ||
| 31 | Purchase of goods and services | Net amount of purchases S-SI, R-SI, Z-SI, I-SI, IS-SI, FAR-SI, FAS-SI, FASR-SI, FAE-SI |
| 31a | Purchase of goods and services in Slovenia for which VAT shall be calculated by the recipient | Net amount of purchases RC-SI |
| 32 | Acquisition of goods from other EU Member States | Net amount of purchases ES-SI, ER-SI, EZ-SI |
| 32a | Services received from other EU Member States | Net amount of purchases ESSP-SI, ESSP2-SI |
| 33 | Exempt purchase of goods and services and exempt acquisition of goods | Net amount of purchase E-SI, FAR-SI, FAS-SI, FASR-SI, FAE-SI |
| 34 | Acquisition price of immovable property (real estate) | Editable field |
| 35 | Acquisition price of other fixed assets | Net amount of purchases FAS-SI, FAR-SI, FASR-SI, FAE-SI, Deduct_FA – Net amount of nondeductible NonDeduct_FA |
| IV. VAT Deducted | ||
| 41 | For purchase of goods and services, acquisition of goods and services received from other EU Member States and for import at standard tax rate | Tax amount of purchases S-SI, Deduct_S, I, Deduct_I Notional tax amount of purchases ES-SI, ESSP-SI Tax amount of purchase adjustments box41, S-SI, I-SI – Tax amount of nondeductible NonDeduct_S, NonDeduct_I |
| 42 | For purchase of goods and services, acquisition of goods and services received from other EU Member States and for import at reduced tax rate | Tax amount of purchases R-SI, Deduct_R Notional tax amount of purchases ER-SI, ESSP2-SI Tax amount of purchase adjustments box42, R-SI – Tax amount of nondeductible NonDeduct_R |
| 42a | For purchase of goods and services, acquisition of goods and services received from other EU Member States and for import at a super reduced tax rate | Purchase Tax Amount: SR-SI Purchase Notional Tax Amount: ESR-SI, ESSP3-SI |
| 43 | For flat-rate compensation at a rate | Editable field |
| 51 | VAT Liability | (Box 21+22+22a+23+23a+24+24a+24b+24c+25+25a+25b+26) – (Box 41+42+42a+43) Amount is shown if the calculated value is equal to or more than zero (Box 52 will show zero) |
| 52 | Surplus VAT | (Box 21+22+22a+23+23a+24+24a+24b+24c+25+25a+25b+26) – (Box 41+42+42a+43) Amount is shown if the calculated value is less than zero (Box 51 will show zero) |