I hope you are doing well.
While creating invoices in NetSuite, I noticed that the VAT for Purchases/Receivables is posting to the default GL account automatically. I would like to understand if it is possible to change this default VAT account so that it reflects a different account by default on invoices, and if so, how we can configure this.
Could you please guide me on:
- Whether the default VAT account for invoices can be updated.
- The steps or setup required in NetSuite to achieve this (Tax Code configuration, subsidiary settings, or any other relevant setting).
Your guidance on this would be greatly appreciated.
Thank you in advance for your help.
