Discussions
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!
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.
Bahrain to Implement VAT effective January 1, 2019
| Bahrain to Implement VAT effective January 1, 2019 |
| This notice is intended for customers with a Bahrain subsidiary or having a Bahrain company address. The Kingdom of Bahrain will introduce Value Added Tax (VAT) at a standard rate of 5% effective January 1, 2019. We recommend NetSuite users to manually set up their tax codes for Bahrain to support the implementation of VAT in the system. What is Changing? Effective January 1, 2019, supply of all goods and services made in Bahrain as well as imports are subject to a standard 5% VAT. In addition, other goods and services from certain transactions and sectors are considered zero-rated or exempt supplies. |
Regards,
@Robert Nedelkow-Oracle | NetSuite Support Community Administrator
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