When expanding into new states, it is standard practice to set up additional sales tax nexus locations in your system. After importing the relevant state tax codes and groups (SAID: 8045 Importing the State Sales Tax Table), everything may seem correctly configured. However, if tax still is not applying on transactions, there is one commonly overlooked step: assigning… Continue reading Ensure Sales Tax Applies After Adding New Nexus States
Tag: sales tax
Tax Calculation – Order level
Taxes can be applied to sales orders/cash sales in NetSuite on order level. In NetSuite taxes can be set up on customer level and the tax set up for customer will be automatically reflected in the sales order created for the customer. To remove these taxes, we can use the check box field ‘TAXABLE’. If… Continue reading Tax Calculation – Order level