Associating Tax Regime and Line of Business With Subsidiaries, Customers, and Vendors

Note:

To access the SuiteTax Latam Engine SuiteApp documentation in other languages, do the following:

• To access the documentation in Brazilian Portuguese (Português do Brasil), see SuiteTax Latam Engine.

• To access the documentation in Spanish, select Español (Latinoamérica) from the dropdown list at the top right corner of the NetSuite Help Center.

You can associate tax regimes and lines of business with subsidiaries, customers, and vendors.

For more information about associating the records, see the following topics:

• Associating Tax Regime and Line of Business with Subsidiaries

• Associating Tax Regime and Line of Business with Customers

• Associating Tax Regime and Line of Business with Vendors

Associating Tax Regime and Line of Business with Subsidiaries

You can associate a tax regime and a line of business with a subsidiary.

To associate a tax regime and a line of business with a subsidiary:

1. Go to Setup > Company > Classifications > Subsidiaries.

2. Click Edit next to the subsidiary you want.

3. In the SuiteTax Latam Engine Line of Business field, select the line of business in which the subsidiary operates.

4. In the SuiteTax Latam Engine Tax Regime field, select the tax regime to which the subsidiary adheres.

5. Click Save.

Associating Tax Regime and Line of Business with Customers

You can associate a tax regime and a line of business with a customer.

To associate a tax regime and a line of business with a customer:

1. Go to Lists > Relationships > Customers.

2. Click Edit next to the customer you want.

3. Under Classification, in the SuiteTax Latam Engine Line of Business field, select the line of business in which the customer operates.

4. In the SuiteTax Latam Engine Tax Regime field, select the tax regime to which the customer adheres.

5. Click Save.

Associating Tax Regime and Line of Business with Vendors

You can associate a tax regime and a line of business with a vendor.

To associate a tax regime and a line of business with a vendor:

1. Go to Lists > Relationships > Vendors.

2. Click Edit next to the customer you want.

3. Under Classification, in the SuiteTax Latam Engine Line of Business field, select the line of business in which the vendor operates.

4. In the SuiteTax Latam Engine Tax Regime field, select the tax regime to which the vendor adheres.

5. Click Save.

Note:

To apply rules to the companies or individuals that adhere to certain tax regimes and lines of business, you must create tax determination rules. The rules must use this information as criteria for determining taxes. For more information, see the following help topics:

• Creating Tax Determination Rules in the SuiteTax Latam Engine

• Creating Tax Regimes in the SuiteTax Latam Engine

• Creating Lines of Business in the SuiteTax Latam Engine

Related Topics

SuiteTax Latam Engine Setup

Associating a SuiteTax Latam Engine Plug-in Implementation With a Tax Code

Adding Tax Parameters to a Tax Code

Associating Item Codes With Items

Creating Tax Information Mapping Records

Setting Tax Rounding Preferences in the SuiteTax Latam Engine

General Notices