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Read on for the latest updates including:
• Agenda Builder launch
• SuiteWorld On Air registration
• New NetSuite Prompt Studio Contest
• And more!
Check out this thread to learn more!
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Don’t miss your chance to meet our SuiteGurus—NetSuite Support professionals and subject matter experts with extensive experience in select product areas, including OneWorld, Advanced & Basic Accounting, Supply Chain Management, Receivables & Payables, CRM, Account Administration, and the SuiteCloud Platform. Full Conference attendees can prebook exclusive 30-minute one-on-one sessions for your product questions.
Spots are limited! Register through your Agenda Builder and find SuiteGuru under Agenda Enhancements.
How Can I Reduce AR Invoice by Tax Amount Only?
Hi Gurus! :)
Scenario:
I have a situation where I need to credit an AR invoice with many items and their respective taxes and then "eliminate" the tax amount from some.
So, imagine i have an invoice with 2 items, revenue for each item is $45, tax for each item is $5.
Dr. AR $100
Cr. Deferred Revenue $90
Cr. Tax Payable $10
Now I need to reduce my invoice by the tax on just one item, by $5, so my tax lability to government is $5 only (because customer qualified for a tax free item, let's say - so this is not a general CM, but a specific tax liability reduction issue).
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