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Coming Soon: Supplementary Tax Calculation SuiteApp


    
   
        
        
         
           
                    

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             [TD]The Supplementary Tax Calculation SuiteApp enables customers to easily manage purchases where the input tax is partially reclaimable. With this SuiteApp, the nondeductible input tax is recorded together with the originating transaction using custom GL lines.
           
            Here are some of the feature highlights:
           
            ·         Nondeductible input tax support for more countries
           
            ·         Automated calculation of the nondeductible input tax
           
            ·         Real-time posting of the nondeductible input tax amount to the appropriate expense account
           
            Important: With the release of the Supplementary Tax Calculation SuiteApp in July 2016, the nondeductible input tax feature in the International Tax Reports SuiteApp will be discontinued.

Regards,

@Robert Nedelkow-Oracle | NetSuite Support Community Administrator

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