Updating the Taxpayer Branch Code
The Southeast Asia Localization SuiteApp adds the Taxpayer Branch Code field to the location record of companies or subsidiaries with a Philippines nexus when it's installed in your account.
The branch code is your assigned 3 to 5-digit number that is suffixed to your 9-digit Tax Identification Number (TIN) issued by the Bureau of Internal Revenue (BIR). As required by BIR, the taxpayer branch code must be unique per location or subsidiary, whichever is applicable to your account. The taxpayer branch code must appear in printed transactions that use Philippines invoicing templates to comply with BIR requirements.
For NetSuite OneWorld users with multiple locations, the Head Office taxpayer branch code is set to 000. When you use a location with a different branch code to create transactions, the taxpayer branch code in that location's record is indicated in the document.
For example, when you select Subsidiary A with 123-456-789-000 as TIN and use Location A with 1111 as taxpayer branch code, the branch code will be displayed as 123-456-789-1111 in the document.
To update the Taxpayer Branch Code:
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Go to Setup > Company > Classifications > Locations. Then, click the Edit link of the Philippines location you want to update.
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On the Locations page, click the Philippines Invoicing subtab.
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On the Philippines Invoicing subtab, click the Document Setup subtab.
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In the Taxpayer Branch Code field, enter the 3 to 5-digit branch code for the location.
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Click Save.