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How does NetSuite Advanced Tax Feature work?

edited Nov 16, 2022 10:49PM in Ask A Guru 10 comments

Hi. I'm looking at the tax control accounts in NS for an account that has 'advanced tax' feature enabled.

For the Australian nexus. there are system generated accounts for PAYG, GST and income tax payable

NZ has VAT only. Does anyone know why that might be? This doesn't reflect the NZ tax environment so I would've thought the nexus would have generated the control accounts required for NZ in the same way it has for Australia?

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