The NetSuite Poland Localization SuiteApp offers several features tailored to meet Polish regulatory and business requirements:

• Standard Audit File (SAF) Generation: Enables the creation of XML-format SAF files, including structures like JPK_VAT, JPK_KR, JPK_FA, JPK_MAG, and JPK_WB, facilitating compliance with Polish tax authorities.

• VAT UE Reporting: Assists in preparing, previewing, and downloading European Sales List (ESL) reports within NetSuite, ensuring accurate reporting of intra-community supplies and services.

• FIFO Revaluation for Bank Accounts: Allows periodic revaluation of foreign currency-denominated bank accounts using the First-In, First-Out (FIFO) method, aligning with Polish accounting standards.

• Vendor Whitelisting: Provides functionality to verify vendor or supplier information against the official VAT taxpayer list from the Polish Ministry of Finance, enhancing transaction security.

• Exchange Rate Integration: Automates the retrieval and updating of foreign currency exchange rates against PLN on a scheduled basis, maintaining accurate financial data.