Discussions
Stay up-to-date with the latest news from NetSuite. You’ll be in the know about how to connect with peers and take your business to new heights at our virtual, in-person, on demand events, and much more.
Now is the time to ask your NetSuite-savvy friends and colleagues to join the NetSuite Support Community! Refer now! Click here to watch and learn more!
VAT Change for Inventory item purchasing
Hi
We have just updated our inventory items, non inventory items and other charges for the new UK 15% VAT rate as per Netsuites instructions for mass updating (found on the UK edition login screen). However following this method does not update the 'standard inventory item' purchasing side, i.e. when we enter a purchase order it still displays our standard rate of VAT and displays and error code saying that VAT:S has expired (which it obviously should do as we set it to expire yesterday).
In trying to resolve this we went back to mass update to try and 'mass update the purchase tax field to the new TS code that we have created, however I cannot seem to find the field name 'purchase tax code' in the criteria/filters list.
0