Using Tax Categories on Transactions and Journal Entries

In Japan edition NetSuite accounts, the Tax Category field is shown on purchase orders, vendor bills, vendor return authorizations, vendor credits, expense reports, and journal entries.

To apply the individual calculation method when calculating the deductible purchase tax amount, you must select a tax category on your purchase transactions or journal entries.

The following predefined tax categories are available for selection in the Tax Category field:

• Taxable – Refund

• Taxable – Import

• Taxable – Import Tax

• Non-taxable – Refund

• Non-taxable – Import

• Non-taxable – Import Tax

• Common – Refund

• Common – Import

• Common – Import Tax

• Local Tax for Import

• Not Applicable

General Notices