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NetSuite launches new wholesale distributions solution in Japan in January 2026!
NetSuite has launched SuiteSuccess Wholesale Distribution Edition, in Japan. Please join us the webinar on February 12 that introduces NetSuite solution with demos and case studies for Wholesale Industry.
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NetSuite has launched SuiteSuccess Wholesale Distribution Edition, in Japan. Please join us the webinar on February 12 that introduces NetSuite solution with demos and case studies for Wholesale Industry.
Register Now
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Follow VAT inspection NetSuite does not report VAT correctly.
Please see this post for the codes to use. I created it as a new thread to help anyone else searching.
I recently had a VAT inspection as a result it appears NetSuite is not correctly reporting my VAT and I can not work out how to set-up the VAT codes to do this.
The main error is with VAT on services (sales and purchases). NetSuite is recording them in Boxes 8 and 9 no matter what I try. Also Services for reverse charge are not being recorded in box 6.
Below is a breakdown of what the VAT inspector has told me. I would appreciate help of which VAT codes in NetSuite should be used or how to create the correct tax codes for the
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