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.
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
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.
Tax locations for UK VAT
Hi All,
We are trying to add tax calculations to expenses. I have added under Tax locations against federal tax 20% which is the current VAT applied in the UK.
However if a £100 expense is submitted the tax calculated is £16.667 which isn't the way UK tax is calculated, it should be £20.
Below is the explanation OA support has given for this calculation.
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1. As an example to make sure my understanding is correct if I submit an expense for £100 and the tax location is set up as 20% for federal tax what should the tax be on this expense?
- I will use $200 as an example. For a tax location that is 10%. -- The tax amount is 18.18. The total due is 200.00. The computation is base amount $181.82 multiply by 10% = 18.18.