1. Accounting
  2. Taxation
  3. Legacy Tax
  4. VAT and GST Reporting
  5. Automatic Tax Code Provisioning
  6. OSS Tax Code Provisioning for Regular NetSuite Accounts

OSS Tax Code Provisioning for Regular NetSuite Accounts

One Stop Shop (OSS) tax codes are automatically provisioned to OneWorld accounts when you enable the OSS feature and assign an OSS nexus to your company or subsidiary. For more information, see EU One Stop Shop Tax Code Provisioning. For non-OneWorld accounts, you must first create an OSS Provisioning Status record and execute the OSS Provisioning Processor script for the OSS tax codes to be provisioned on your account.

Note:

You must have the International Tax Reports SuiteApp installed in your account and have an Administrator role to perform this procedure.

To provision OSS tax codes to a regular NetSuite account:

  1. Go to Setup > Company > Company Information.

  2. Check the OSS Applies box.

  3. From the OSS Nexus dropdown list, select the EU member state where you are registered for EU One Stop Shop.

  4. Click Save.

  5. Go to Customization > Lists, Records, & Fields > Record Types.

  6. Look for the OSS Provisioning Status record and click New Record.

  7. On the OSS Provisioning Status record, specify the values for the following fields:

    • Nexus – Enter the two-digit country code of the OSS nexus (selected in Step 3). Refer to the following table for the list of country codes.

      Austria (AT)

      Estonia (EE)

      Italy (IT)

      Portugal (PT)

      Belgium (BE)

      Finland (FI)

      Latvia (LV)

      Romania (RO)

      Bulgaria (BG)

      France (FR)

      Lithuania (LT)

      Slovakia (SK)

      Croatia (HR)

      Germany (DE)

      Luxembourg (LU)

      Slovenia (SI)

      Cyprus (CY)

      Greece (EL)

      Malta (MT)

      Spain (ES)

      Czechia (CZ)

      Hungary (HU)

      Netherlands (NL)

      Sweden (SE)

      Denmark (DK)

      Ireland (IE)

      Poland (PL)

      –

    • Provisioning Status – Enter Pending.

  8. Click Save.

  9. Go to Customization > Scripting > Script Deployment.

  10. Look for the OSS Provisioning Processor script and click Edit.

  11. On the script deployment record, hover over the dropdown arrow beside the Save button and select Save and Execute.

After executing the script, the OSS tax account, OSS tax type, and OSS tax codes will be created for your account. For more information about the OSS tax account, tax type, and tax codes, see EU One Stop Shop Tax Code Provisioning.

Related Topics:

General Notices