Setting Up Default Unique Quantity Code (UQC) for Items

Under CGST rules, any taxable transaction needs a Unique Quantity Code (UQC) or a quantity unit description. A UQC is an abbreviation for a unit of measurement, such as kgs for kilograms or mtr for meter. When you set up a UQC record in NetSuite, use the first three letters of the measurement as the code.

Note:

To set a UQC, you must enable the Multiple Units of Measure feature. For more information about the feature, see Multiple Units of Measure.

To create a UQC unit type:

1. Go to Lists > Accounting > Units of Measure > New.

2. On the Units Type page, in the Type Name field, enter the type of unit you’re creating.

3. In the Name column, enter a name for the unit you want to create, such as Box.

4. In the Plural Name column, enter the plural name for the unit.

5. In the Abbreviation column, enter the abbreviation for the singular unit.

6. In the Plural Abbreviation column, enter the abbreviation for the singular unit.

7. In the Conversion Rate column, enter the quantity that matches one of the base units.

8. In the Base Unit column, check the box this unit will be used to define other units in this group. When entering multiple units, you must select at least one as the base unit.

9. In the India UQC column, select the unique quantity code for the unit.

10. Click Save.

Related Topics

• Setting Up India GST Tax Registrations for Entities
• Assigning India Tax Nature to Items
• Assigning Tax Accounts to India GST Types
• Setting Up Default Unique Quantity Code (UQC) for Items
• Creating India GST Tax Rate Rules

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