Chile Localization SuiteApp Features in NetSuite 2026.1

Starting in NetSuite 2026.1, the Chile Localization SuiteApp provides specialized features to help companies operate in Chile. This SuiteApp supports compliance with national regulations, particularly for electronic invoicing, tax setup, and financial reporting, which are critical for businesses in this region.

Key Features of Chile Localization SuiteApp

The following functionalities are included in the Chile Localization SuiteApp that cater specifically to the needs of Chilean businesses:

Required Licenses

To utilize the Chile Localization SuiteApp, the following licenses and applications must be properly configured:

• NetSuite SuiteApps License Client (Bundle ID 116144)
• Chile Localization SuiteApp License: Obtain this through your account manager.
• Ensure the SuiteApp License Client is installed to avoid access issues.

General Setup

Setting up preferences specific to Chile involves configuring your NetSuite account with the following settings:

• Date formats
• Currency options
• Language selection
• Time zones
• Number, phone, and address formats compliant with Chilean standards

Accounting Features

Chile Localization Field Mapping

• Description: This feature allows mapping standard NetSuite fields to the categories mandated by the Chilean Internal Revenue Service (SII). Fields can be customized for electronic invoicing purposes.
• Prerequisites: Installation of the Chile Localization SuiteApp.

Billing and Invoicing Features

Compliance with Chile SII Requirements

• Description: This feature ensures compliance with SII’s legal requirements for electronic invoicing, including the integration of latest catalogs.
• Prerequisites: Installation of the Chile Localization SuiteApp.

Outbound Electronic Invoicing

• Description: This allows the generation of electronic documents aligning with Thai regulations through integration with Technological Service Providers (Gosocket).
• Prerequisites: Installation of related SuiteApps.

Taxation Features

Chile Tax Setup

• Description: This enables users to establish tax preferences specific to Chile and ensures proper configuration for compliance.
• Prerequisites: Installation of SuiteTax Engine and Chile Localization SuiteApp.

Reporting Features

Financial Reports for Chile

• Description: NetSuite supports creating financial reports that comply with Chilean reporting standards, ensuring that businesses can fulfill their legal obligations.
• Prerequisites: As above, the installation of the Chile Localization SuiteApp is required.

Who This Affects

• Administrators: Responsible for installation and configuration of SuiteApps.
• Accountants: Utilizes tools for compliance with Chilean law.
• Finance Departments: Generates detailed financial reports as per regulations.

Key Takeaways

• The Chile Localization SuiteApp in NetSuite 2026.1 offers essential localized features for businesses in Chile.
• Compliance with Chilean electronic invoicing and tax regulations is streamlined.
• Proper licensing and setup are crucial for accessing the SuiteApp’s capabilities.