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Taxation Updates in NetSuite 2023.2

2023.2 Taxation |
  • Multiple Shipping Routes in SuiteTax
    • Tax Reporting Framework Enhancements ▬ Manual Submission and Multiple Nexuses Support
    • Belgium Localization Tax Reports Enhancement
  • Legacy Tax
    • International Tax Reports Enhancements ▬ Germany Monthly and Quarterly VAT Report 2023 Update ▬ Philippines VAT RELIEF Reports Update
    • International Tax Reports Issue Fixes ▬ International Tax Reports 3.126.0 Issue Fixes
    • Belgium Localization Tax Reports Enhancement
    • Portugal Invoice Certification Enhancements
    • Portugal Localization Enhancements

Multiple Shipping Routes in SuiteTax

The Multiple Shipping Routes feature enables you to ship to several addresses using different shipping methods on the same transaction. As of 2023.2, line level shipping and handling information is sent to tax engines as tax calculation input

Change

  • Shipping and handling rates
  • Shipping method Line level shipping and handling tax amount fields are also added to the Shipping subtab. Tax engines are now able to calculate shipping and handling taxes based on line level details. You first need to enable the Multiple Shipping Routes feature. Then, check the Enable Item Line Shipping box on your sales transaction. You can now access shipping addresses, shipping methods, shipping and handling costs at line level. You can manually add taxes for line level shipping and handling costs using the tax details override setting.