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Is there any specific rounding logic for Tax and Vendor Amounts in NetSuite’s Indian localization
Hi Team, I'm looking to understand how NetSuite handles rounding for tax calculations and vendor-related amounts when Indian localization is enabled. Does it follow any particular standard—like rounding to the nearest rupee—or any GST-specific rules? Would appreciate any insights or experiences from others who've worked on…
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TAX ROUNDING LEVEL in tax setting
Hi everyone, please let me ask about TAX ROUNDING LEVEL. I have just changed the TAX ROUNDING LEVEL from Item Line Level to Transaction Level. Even if it is transaction level, I need to change the tax amount. When it is item level setting, I could change it as in the example below. Item line 1 : Amount 256,410Yen Tax 25,…
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How to apply rounding for Tax Depreciation?
Hi guru's, we are seeking for an advise regarding rounding of Tax Depreciation (Alter. Depr. Method). Based on the Czech Income Tax Law the Tax Depreciation Charge should be rounded-up to whole number. (e.g. 23,18 should be 24) I've seen there is something similar possible for Japan (Rounding Methods) however we are…
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How to Set Up "rounding", "rounding up", or "rounding down " on the Entity level?
Is it possible to set the "rounding", "rounding up", or "rounding down "of discounted unit prices for each item for diferent customer? For exmple: Default setting for sales order :1355*0.33 ≒447 "rounding up" → 448