Discussions
Join us for complimentary one-day events around the world and step into a future fueled by AI and limitless potential. Explore new breakthroughs, sharpen your skills, and connect with experts who are shaping what’s next. Experience bold keynotes, interactive learning, and connections that span the global NetSuite community. Discover what's next at SuiteConnect Tour 2026.
Have questions or experiences to share? Post your Release 2026.1 questions and join discussions in the Release 2026.1 category.
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.
Sales Tax - How to
We sell capital equipment to companies and individuals. We are required to collect sales tax unless the entity to which we sell is tax exempt. However, sometimes we don't know that the entity is tax exempt when we generate the invoice. If we create the invoice in one accounting period and then find out the customer is exempt in the next, the practice we've been taking is to credit the entire invoice, and then create a new invoice showing the sale minus tax.
While this method works, I can't imagine that it's correct from a GAAP perspective. Does Netsuite have another method that will allow us to track that sales tax and the credit and have it flow back to the accounting period to which it comes from? Or, another question is how can we handle this without the necessity to credit the order and re-invoice it?