Setting Up Tax Schedules

The SuiteTax Engine enables you to create tax schedules for specific conditions and items for your sales and purchase transactions.

Tax schedules are entirely optional, and only needed when you need to use a tax code that is different from the nexus default tax codes for certain supplies of goods and services.

You can add multiple items using a saved search. See Saved Searches for details. You can also add specific items to the tax schedule individually. Additionally, you can add a tax schedule through the item record.

To set up a tax schedule:

1. Go to Setup > SuiteTax Engine > Tax Schedules.

2. Click New.

3. In the Name field, enter a name for this Tax Schedule.

4. In the Description field, enter a short sentence describing this tax schedule.

5. Under the Nexus subtab, complete the table per nexus:

   • In the Nexus column, select a nexus to which this tax schedule applies. Only nexuses assigned to use SuiteTax Engine appear in this list. See Automatic Tax Record Provisioning for VAT Countries.

   • Select a tax code or tax group for every transaction type to which this tax schedule applies to. See Tax Transaction Types in the SuiteTax Engine.

6. Click the Items subtab.

7. Enter additional information as necessary. You can map this tax schedule to a saved search, specific individual items, or both.

   • To add multiple items using the saved search in the Select Item Saved Search field, select a saved search from the dropdown.

   • To add specific items to the tax schedule:

     1. In the Item Name Number column, select an item from the dropdown.

     2. Click Open to view the item record.

     3. Click Add to add the item.

     4. Continue adding items as necessary.

8. When you have finished, click Save.

Assigning a Tax Schedule through an item record

You can also assign a tax schedule from an individual item record.

To assign a tax schedule through an item record:

1. Go to Lists > Accounting > Items.

2. Click Edit next to the item you want to update.

3. Click the Tax subtab.

4. In the Tax Schedule field, select a tax schedule. You must create tax schedules before they appear in the list.

5. Click Save.

General Notices