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Join us for complimentary one-day events around the world and step into a future fueled by AI and limitless potential. Explore new breakthroughs, sharpen your skills, and connect with experts who are shaping what’s next. Experience bold keynotes, interactive learning, and connections that span the global NetSuite community. Discover what's next at SuiteConnect Tour 2026.
Comments
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Hi @Maxeem-83. Thank you for bringing that up. The "Setup" or direct VAT number entry field for non-primary countries may not always be present or visible—its availability depends on your NetSuite version, SuiteApp configuration, role permissions, and sometimes on feature enablement in your account. On the Legacy Tax…
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We are now closing today’s session. We hope to see you in the next Ask A Guru Live! I hope the tips I provided will be helpful for you. 😊 Be sure to follow the Ask a Guru Live tag for updates. To help us improve this program, feel free to share your feedback with us. Have a good one, everyone! 🎉
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TIP 3: Want to streamline your month-end workflow? Achieving a fast and accurate close in NetSuite OneWorld requires following this precise, four-step procedure to manage your global subsidiaries, currencies, and ledger. Step 1: Lock the Period Locking prevents users from adding or changing transactions while you are…
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Hi @Robert Nedelkow-Oracle. It is completely expected to see the "(system)" suffix on accounts generated by NetSuite. When you enable specific advanced features, the system automatically creates these accounts to ensure the features function correctly. Please note that you cannot manually disable these system-generated…
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TIP 2: Seeking to eliminate discrepancies in currency exchange rates across transactions? Enable Currency Exchange Rate Integration to automatically apply daily spot rates from trusted providers such as Xignite. 1. Navigate to Setup > Company > Enable Features. 2. Under the Company subtab, check the Currency Exchange Rate…
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https://community.oracle.com/netsuite/english/discussion/comment/16906511#Comment_16906511 Hi @Divya Unnikrishnan. To set up Reverse Charge in SuiteTax, follow these three steps: 1. Create the Tax Type Navigate to Setup > Tax > Tax Types > New. Select the Country (Nexus). Crucial: Check the Reverse Charge box. Note: If the…
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https://community.oracle.com/netsuite/english/discussion/comment/16906509#Comment_16906509 Hi @Divya Unnikrishnan Regarding your query about the currency to be used in Customer Statement, if the transaction is not multi-currency, the primary currency set in the customer record will be used. However, if the customer has…
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TIP 1: Having some trouble with messy Elimination subsidiaries caused by intercompany transactions? Use Advanced Intercompany Journal Entries (AICJE) rather than standard journals. AICJEs allow you to link multiple subsidiaries in a single transaction and utilize the Auto-Balance button to ensure the debit in Sub A exactly…
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Hello @Divya Unnikrishnan. Advance Merry Christmas too and thank you for joining our session! The subject you inquired about is actually handled by Supply Chain Management Team. I've taken the initiative to create a dedicated thread for this matter, allowing our specialists to address it directly. I plan to celebrate it…
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Hello @Maxeem-83. NetSuite does support multiple VAT registration numbers for a single subsidiary, but how you configure this depends on the tax engine you are using: the Legacy Tax engine or the newer SuiteTax engine. Option 1: Using SuiteTax (Recommended) SuiteTax was designed to handle the "one subsidiary, multiple…
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Hello @John Nikko. Glad to have you with us today, and thank you for posting in the NetSuite Support Community! We appreciate you bringing your question to the group. A big thank you as well to Chelsea and Dexter for responding quickly. Your prompt support and willingness to share your expertise truly help make this…
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Hello @NE_JohnC. Glad to have you with us today, and thank you for posting in the NetSuite Support Community! We appreciate you bringing your question to the group. A big thank you as well to Divya for responding quickly. Your prompt support and willingness to share your expertise truly help make this community a valuable…
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Hello @Owen_Ramirez. Glad to have you with us today, and thanks for posting here in the NetSuite Support Community! Greetings everyone! We have a fellow member who could use our assistance. Please don't hesitate to share your knowledge and insights to help them out. Your input is highly valued and appreciated!
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Hello @SooLeng. Thank you for starting this thread. Hello everyone! We’d love for you to share your thoughts and experiences to help out a fellow member. Your input means a lot!
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Hello @Divya Unnikrishnan. Thank you for starting this thread. Hello everyone! We’d love for you to share your thoughts and experiences to help out a fellow member. Your input means a lot!
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Hello @User_05DQT. Glad to have you with us today, and thank you for posting in the NetSuite Support Community! We appreciate you bringing your question to the group. A big thank you as well to Divya for responding quickly. Your prompt support and willingness to share your expertise truly help make this community a…
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みなさん、時間です!⏱️ 正しい解答とその説明については、次の詳細を参照してください。 正解: B)収益または費用を経時的に自動的に配賦する 説明: NetSuiteの償却スケジュールは、定義された期間における収益または経費の段階的な認識を自動化し、適切な会計コンプライアンスをサポートするのに役立ちます。これらのスケジュールは、SuiteAnswer ID…
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Time's up, everyone! ⏱️ Kindly see details below for the correct answer and its explanation: Answer: B) They allocate revenue or expenses over time automatically Explanation: Amortization schedules in NetSuite help automate the gradual recognition of revenue or expenses over a defined period, supporting proper accounting…
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Hello @nsteresa. This appears to be related to an issue. I suggest submitting a case so it can be investigated in more detail. Let me know if you need help submitting the case or if there's anything else I can assist you with.
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Hello @nsteresa. Glad to have you with us today, and thanks for posting here in the NetSuite Support Community! Greetings everyone! We have a fellow member who could use our assistance. Please don't hesitate to share your knowledge and insights to help them out. Your input is highly valued and appreciated!
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Hello @User_U9ZTK. Glad to have you with us today, and thanks for posting here in the NetSuite Support Community! Greetings everyone! We have a fellow member who could use our assistance. Please don't hesitate to share your knowledge and insights to help them out. Your input is highly valued and appreciated!
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Hello @Nissam CP. Glad to have you with us today, and thank you for posting in the NetSuite Support Community! We appreciate you bringing your question to the group. A big thank you as well to Chelsea for responding quickly. Your prompt support and willingness to share your expertise truly help make this community a…
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Hello @Jayben Fung. Glad to have you with us today, and thanks for posting here in the NetSuite Support Community! Greetings everyone! We have a fellow member who could use our assistance. Please don't hesitate to share your knowledge and insights to help them out. Your input is highly valued and appreciated!
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Hello @Jayben Fung. Thank you for starting this thread. Hello everyone! We’d love for you to share your thoughts and experiences to help out a fellow member. Your input means a lot!
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Hello @hailey. Thank you for starting this thread. Hello everyone! We’d love for you to share your thoughts and experiences to help out a fellow member. Your input means a lot!
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Hello @User_WA9MO. Thank you for starting this thread. Hello everyone! We’d love for you to share your thoughts and experiences to help out a fellow member. Your input means a lot!
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Hello @User_7TDXX. Yes, that is correct. Since Legacy Tax does not support generating OSS VAT Returns, using a saved search or custom report to extract OSS VAT transactions is currently the most practical approach for reporting. Importantly, OSS transactions should be excluded from the standard UK VAT Return because they…
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Hello @User_DMW5Z. Thank you for starting this thread. Hello everyone! We’d love for you to share your thoughts and experiences to help out a fellow member. Your input means a lot!
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Hello @nag_m. Thank you for starting this thread. Hello everyone! We’d love for you to share your thoughts and experiences to help out a fellow member. Your input means a lot!
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Hi @User_8LZ5U. Glad to have you with us today, and thanks for posting here in the NetSuite Support Community! Greetings everyone! We have a fellow member who could use our assistance. Please don't hesitate to share your knowledge and insights to help them out. Your input is highly valued and appreciated!