Entity Records for GCC States

The tax authority requires VAT numbers to be validated.

Make sure someone in your organization is responsible for getting VAT IDs from your customers and suppliers, and for giving your own VAT number to those you work with.

You need to enter the VAT information in NetSuite manually, or import it with CSV if you have a lot of records.

For more information about CSV Imports, see CSV Imports Overview and Guidelines for CSV Import Files.

VAT Registration Number

Make sure you add valid VAT registration numbers to your customer and vendor records. The Tax Reg. Number or VAT Registration No. field is on the Financial subtab of the customer and vendor record.

Note:

For OneWorld accounts, specify the tax code at the line-level on the Subsidiaries subtab.

The Tax Code field isn't available in accounts without OneWorld.

General Notices