In NetSuite, you can set up sales tax items and sales tax vendors to simplify the sales tax collection and payment process. To create a Tax Agency vendor record select the vendor category as ‘Tax agency. It is not possible to add multiple subsidiaries for tax agency vendors. Because tax agency vendors cannot be shared… Continue reading Tax Agency Vendor Category
Tag: vendor category
Enable Category field on Vendor Records
In NetSuite, we can set up tax agencies as vendors to start, record, and track tax payments and we could choose vendors who are all tax agencies at the time of tax code creation. To set up the tax agencies, we can make the vendor category a tax agency-related category by checking the tax agency… Continue reading Enable Category field on Vendor Records