- Enhanced Transaction Saving Notifications
- Automatic Nexus Determination When Selecting Entity
- U.S. Sales Tax and Canada GST Now Generally Available
- Canada Data Provisioning Enhancements
- Automatic Tax Calculation for Shipping in VAT Countries
- SuiteTax Reports is now Tax Reporting Framework
- France Localization Enhancements
- India Localization SuiteTax Engine SuiteApp Enhancements
- Ireland Localization
- Germany Localization (Beta) Enhancements
- Norway Tax Reports
- Philippine Localization
- United Kingdom Localization Enhancements
- Legacy Tax
- Legacy Tax Support in Tax Reporting Framework
- Support for Norway Standard Audit File for Tax (SAF-T) Financial Report
- International Tax Reports Enhancements ▬ Austria VAT Rate Update ▬ Ireland VAT Rate Update ▬ Saudi Arabia VAT Rate Update ▬ Germany VAT Rate Update
- ANZ Localization
Enhanced Transaction Saving Notifications
Enhanced Transaction Saving Notifications is a new SuiteTax core feature which comes with the
2020.2 NetSuite release. This feature is meant to ensure reporting and auditing compliance when editing an already existing transaction or creating a new transaction. When you edit a transaction which has been created earlier, a different Tax Engine may be determined, as a result. When you make such changes to the transaction, NetSuite needs to ensure that switching to a new Tax Engine complies with reporting and auditing. For that reason, NetSuite notifies the original Tax Engine which was used in the transaction before about the requested tax engines switch. The original Tax Engine either returns a blocking error or allows the change. The original Tax Engine may not allow switching to a new Tax Engine, if the transaction is already reported and should not be edited.
Automatic Nexus Determination When Selecting Entity
This is a new SuiteTax core feature released in NetSuite 2020.2. The feature improves the overall performance of your SuiteTax account. Earlier, the nexus determination and tax engine assignment occurred when you pressed Save or Preview Tax. Early nexus determination makes it possible for the third-party tax calculation bundles providers to adjust their bundle. The feature applies to all kinds of transaction creation.