Discussions

Stay up-to-date with the latest news from NetSuite. You’ll be in the know about how to connect with peers and take your business to new heights at our virtual, in-person, on demand events, and much more.
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.
Make Your Voice Heard: What Tech & ERP Topics Should We Explore in our Next Webinar?? We’re all ears! Vote now, and the poll runs until January. Poll for ERP | Poll for Tech.
Uncover the power of data with the Analytics Hub —your ultimate guide to mastering NetSuite Saved Searches and Reports. Simplify the complex and unlock your organization's true potential. Dive into the Analytics Hub now and soar to new heights!
To help you get the most out of your 2025.1 Release Preview account, review the topics outlined in the Release Preview Guide.
NetSuite Release 2025.1 Release Notes are available for download here!

Unbilled Amount Net of Tax

Hello there, this query is related in part to an earlier 'Net of tax issues' thread i started a while back, however that issue was in some respects related on US tax issues, my problem this time is with transactions in our core currency. Below are two formulas i have used to get the Amount Unbilled Net of Tax total in GBP, our primary currency and relatively simple in terms of tax (20% Value Added tax). The first formula was i believe suggested on here, and the second i pulled from Suite Answers, but neither are pulling the desired formula.

i'll take a notable example to illustrate, see below. The first formula is showing a negative figure as it is calculating the full amount of two invoices already issued for this project. As the SO amount is net of tax (highlighted in red) and the full value of the Invoices including tax is £221, 309.49 it's showing a negative amount.

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!

Leaderboard

Community Whiz

Quarter 1 (Jan-Mar 2025)

This Week's Leaders

This Month's Leaders

All Time Leaders