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Try Intelligent Payment Automation – Fee Free For Your First Month
Intelligent Payment Automation, powered by BILL (formerly Bill.com), lets you automate payments, manage vendor details, and bank account information within NetSuite.
The SuiteApp is available to organizations based in the U.S. with a valid U.S. address, or to global customers (except Canada, China, and Japan) with U.S. business subsidiaries. It only supports payments to vendors operating in the United States.
For more information, visit this thread.
Intelligent Payment Automation, powered by BILL (formerly Bill.com), lets you automate payments, manage vendor details, and bank account information within NetSuite.
The SuiteApp is available to organizations based in the U.S. with a valid U.S. address, or to global customers (except Canada, China, and Japan) with U.S. business subsidiaries. It only supports payments to vendors operating in the United States.
For more information, visit this thread.
Withholding Tax Setup
I am stuck trying to set up withholding tax for sales from our New Zealand Office to Fiji, which requires 15% WT on sales of software and services.
I set up a new currency (FJD), tax agency vendor (Fiji Revenue and Customs Authority), and tax nexus (Fiji Tax Nexus).
The system auto-created a few tax control accounts for VAT, and a tax code UNDEF-FJ, which is set to 0% and excluded from VAT reports (required before installing Withholding Tax).
I then installed the Withholding Tax SuiteApp, and set up the Withholding Tax Preferences for Fiji Tax Nexus.
In preparation for creating a new withholding tax type I set up two new tax control accounts for the withholding tax, one for sales and one for purchases. All good so far!
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