1. Accounting
  2. Taxation
  3. SuiteTax
  4. SuiteTax Engine
  5. Setting Up the SuiteTax Engine for VAT Countries
  6. Tax Code Lookup Logic for VAT Countries

Tax Code Lookup Logic for VAT Countries

For each sale or purchase transaction, the SuiteTax Engine determines which tax code to use, and uses the appropriate tax rate to calculate tax amounts.

The SuiteTax Engine makes use of SuiteTax nexus lookup logic by automatically determining nexuses for every transaction. For more information, see Nexus Determination Lookup Logic in SuiteTax.

General Notices