- SuiteTax Now Generally Available
- Brazil Reports Enhancements
- France Localization FEC Report Enhancement
- New Spain Localization SuiteApp
- Portugal Localization Enhancements
- Spain Localization Enhancements
- SuiteTax Latam Engine Enhancement
- Legacy Tax
- End of Support for Germany GoBD in Tax Audit Files
- International Tax Reports Issue Fixes
- Withholding Tax Enhancements ▬ Creditable Withholding Tax Codes Update ▬ Philippines Withholding Tax Form 1601-EQ Update ▬ Philippine Withholding Tax Report Quarterly Alphalist Payees and Summary Alphalist of
Withholding Tax Update
- Withholding Tax Issue Fixes
SuiteTax Now Generally Available
The SuiteTax feature is now generally available. Earlier, SuiteTax was a hidden feature and it had to be shared to a customer’s account before it could be enabled. To enable the feature, customers had to undergo a qualification process by submitting a completed SuiteTax questionnaire through a support case. As of 2024.1, administrators can enable the feature by going to Setup > Company > Enable Features >
Tax subtab. It is an account-level feature which applies to the whole NetSuite account and not to selected
subsidiaries. If you enable the feature, it is not possible to revert this action. Therefore, you should first enable the feature in your Sandbox account prior to enabling it in your product account. When you check the box to enable the SuiteTax feature, you see an information message showing potentially incompatible features, preferences, SuiteApps, or bundles. To be able to complete the enablement process, you must perform all the required actions you see in the message. To see the full list of limitations, see the help topic Known Limitations of SuiteTax.
These are the prerequisite features you need to have enabled before enabling SuiteTax:
- Advanced Taxes
- Accounting
- Server SuiteScript
- Client SuiteScript As earlier, records and transactions migration is triggered when the feature is enabled in your account. For more information about records and transactions migration, see the help topic Migration of Legacy Records and Transactions to SuiteTax.