Entity Records in SuiteTax
When you enable the SuiteTax feature, SuiteTax adds the Default Tax Reg. field and the Tax Registrations subtab, and removes the other tax fields on the Financial subtab of entity records. In SuiteTax, you can record multiple tax registrations for an entity, which you can use on any transaction.
Customer
NetSuite Edition |
Legacy Tax |
SuiteTax |
Migration to SuiteTax |
||
---|---|---|---|---|---|
Field Name |
Field ID |
Field Name |
Field ID |
||
Financial: Tax Information section |
|||||
US |
Taxable |
taxable |
— |
— |
Removed from form. |
CA |
PST Exempt |
taxexempt |
— |
— |
Removed from form. |
JP, International |
Tax Rounding Precision |
taxfractionunit |
— |
— |
Removed from form. |
All |
Tax Item |
taxitem |
— |
— |
Removed from form. |
JP, International |
Tax Rounding Method |
taxrounding |
— |
— |
Removed from form. |
US |
Resale Number |
resalenumber |
— |
— |
Removed from form. |
International |
Tax Reg. Number |
vatregnumber |
— |
— |
Removed from form. Field value is transferred to the new Default Tax Reg. and Tax Reg. Number fields in SuiteTax. |
All |
— |
— |
Default Tax Reg. |
defaulttaxreg |
Added to the form. Value from the Tax Reg. Number legacy field is transferred to this field. |
Financial: Tax R |
|||||
All |
— |
— |
— |
id |
Added hidden field for tax registration ID. |
All |
— |
— |
Country |
nexuscountry |
Added to the form and set to blank. |
All |
— |
— |
Nexus |
nexus |
Added to the form and set to blank. |
All |
— |
— |
Address |
address |
Added to the form and set to blank. |
All |
— |
— |
Tax Reg. Number |
t |
Added to the form. Value from the Tax Reg. Number legacy field is transferred to this field. |
Vendor
NetSuite Edition |
Legacy Tax |
SuiteTax |
Migration to SuiteTax |
||
---|---|---|---|---|---|
Field Name |
Field ID |
Field Name |
Field ID |
||
Financial: Account Information / Tax Information section |
|||||
US, JP |
Tax ID |
taxidnum |
— |
— |
Removed from form. Value is transferred to the new Default Tax Reg. and Tax Reg. Number fields in SuiteTax. |
CA |
Business Number |
bcn |
— |
— |
Removed from form. Value is transferred to the new Default Tax Reg. and Tax Reg. Number fields in SuiteTax. |
AU, UK, International |
Tax Reg. Number ABN PEC |
vatregnumber |
— |
— |
Removed from form. Value is transferred to the new Default Tax Reg. and Tax Reg. Number fields in SuiteTax. |
JP, International |
Tax Rounding Precision |
taxfractionunit |
— |
— |
Removed from form. |
JP, International |
Tax Rounding Method |
taxrounding |
— |
— |
Removed from form. |
All |
— |
— |
Default Tax Reg. |
defaulttaxreg |
Added to the form. Value from the Tax ID (or other tax identification number) legacy field is transferred to this field. |
Financial: Tax R |
|||||
All |
— |
— |
— |
id |
Added hidden field for tax registration ID. |
All |
— |
— |
Country |
nexuscountry |
Added to the form and set to blank. |
All |
— |
— |
Nexus |
nexus |
Added to the form and set to blank. |
All |
— |
— |
Address |
address |
Added to the form and set to blank. |
All |
— |
— |
Tax Reg. Number |
t |
Added to the form. Value from the Tax ID (or other tax identification number) legacy field is transferred to this field. |