Discussions
Check out Oracle NetSuite upcoming events and conferences here
Now is the time to ask your NetSuite-savvy friends and colleagues to join the NetSuite Support Community! Refer now! Click here to watch and learn more!
Update your Profile with your Support type to get your Support Type badge.
Expand your NetSuite knowledge by joining our Ask A Guru Live sessions. RSVP on this event now.
Get ready to take on exciting new challenges and become the next SuiteMaster of the Month!
Join the largest gathering of the NetSuite Community at SuiteWorld in Las Vegas, September 9-12! Discover cutting-edge innovations, attend insightful sessions, network with industry leaders, and elevate your business to new heights. Register here!
Tax Code with "Reverse Charge Code" selected
Hi,
I need to understand what the "Reverse Charge Code" check box on a Tax Code actually does. The help implies that I can only use this code on purchase transactions, yet "Available On" is set to "Both" and I have successfully been able to create a sales invoice in our sandbox using this code.
The code is RCS-SE which is one of the defaults created when enabling the Swedish nexus.
I am concerned that if I instruct users to continue to use this and other reverse charge codes we will have an issue at the point of the tax return.
Tagged:
0