Guidelines for Setting Up Reclassification By Region Rules

The following are the guidelines on how to best configure your reclassification rules for your accounts:

• You can set up different rules with different accounts, items, item categories, VAT categories, and dates.

• Once a reclassification rule is saved, you cannot change it. You can only set the reclassification rule as invalid or change the validity dates after it is saved.

• Each account, item, item category, VAT category, and date combination is unique under each subsidiary. You can create the same combination for a different subsidiary if needed.

• If you create an item-only rule and a category-only rule separately, the item-only rule will supersede category-only rule.

• To create an item and item category rule, the item and the item category combination must be a valid combination according to your item and category setup.

• Any item and category rule combination will supersede the item-only classification rule.

• Any VAT category rule will supersede any rule without a VAT category defined.

• For discounts:

  • For Non-Posting Discount Items: You do not need to create reclassification rules. NetSuite will process each line item accordingly.

  • For accounting discount items: You will need to set up rules for each discount item. If no discount rule is created, NetSuite processes these items normally.

General Notices