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Try Intelligent Payment Automation – Fee Free For Your First Month
Intelligent Payment Automation, powered by BILL (aka 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 (aka 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.
Federal Excise Tax
Starting Jan 1, we are required to remit a federal excise tax on all medical goods sold (which is pretty much everything we sell).
After contacting Netsuite, their advice was to create a new tax type and apply that to the tax codes. However, we have over 1,900 tax codes in the six states where we currently have a nexus and we need to charge the federal tax even in states where we do not have to collect sales tax.
Netsuite's solution thus far would be to manually change the 1,900 codes or do a separate Item->Charge that would calculate 2.3%. I don't like the Item idea since it is putting the responsibility on the sales order entry person and I am worried about audit accountability.
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