Assigning an OSS Nexus to a Company or Subsidiary

For NetSuite to determine the appropriate tax to apply to OSS transactions, you must select an OSS nexus for each subsidiary that supplies goods and services to B2C customers in the EU. You can only have one nexus per subsidiary.

OSS rules allow EU subsidiaries that are registered for OSS to change their OSS registration country after three years. Non-EU subsidiaries can change their OSS nexus each quarter.

In NetSuite, you cannot delete an OSS nexus if there are OSS transactions associated with it, but you can change to a different OSS nexus at any time.

Warning:

If you edit an existing OSS transaction after changing your OSS nexus, when you save the transaction, NetSuite will use the tax codes of the new nexus on new transaction lines. Some actions may replace all existing tax codes on the transaction with the new tax code. You should only change a subsidiary’s OSS nexus after all periods are closed to avoid changing the tax code on existing transactions.

Assigning an OSS Nexus

To assign an OSS nexus to a subsidiary:

1. Go to Setup > Company > Subsidiaries.

2. Click the Edit link of the subsidiary.

3. Check the MOSS Applies box.

4. In the OSS Nexus field, select the country where you are registered for OSS. Only EU nexuses associated with this subsidiary are available in the dropdown list. You can only select one OSS nexus per subsidiary.

5. Click Save. Saving the subsidiary record triggers the automatic provisioning of the OSS tax codes, tax control accounts, and tax types by the International Tax Reports SuiteApp if it is installed in your account. See OSS Tax Codes, Tax Types, and Tax Control Accounts.

Changing the OSS Nexus

If you change the country where you are registered for OSS, you can change your OSS nexus in NetSuite.

In NetSuite, you cannot delete an OSS nexus if there are OSS transactions associated with it, but you can change to a different OSS nexus at any time.

Warning:

If you edit an existing OSS transaction after changing your OSS nexus, when you save the transaction, NetSuite will use the tax codes of the new nexus on new transaction lines. Some actions may replace all existing tax codes on the transaction with the new tax code. You should only change a subsidiary’s OSS nexus after all periods are closed to avoid changing the tax code on existing transactions.

If your subsidiary is in a non-EU country, when you select a Master State of Identification (OSS Nexus), you should not change it in the current year or for the following two calendar years. To change the OSS nexus on the subsidiary record, you should first close all past periods and generate the OSS report. To change the OSS nexus on the subsidiary record, you should first close all past periods and generate the OSS report.

See Assigning an OSS Nexus to a Company or Subsidiary.

To change the OSS nexus of a subsidiary:

1. Make sure all past tax periods with OSS transactions are closed.

2. Generate the OSS tax return.

3. Go to Setup > Company > Subsidiaries

4. Click the Edit link of the subsidiary.

5. In the OSS Nexus field, select a new OSS nexus.

   If you want to change a subsidiary back to a non-OSS registration, clear the OSS Nexus field and the OSS Applies box.

6. Click Save.

Note:

Changes in the OSS Nexus field are saved on the System Notes subtab of the subsidiary record.

Related Topics

EU One Stop Shop (OSS)

OSS Feature Overview

Best Practices for OSS

Setting Up OSS

OSS Tax Codes, Tax Types, and Tax Control Accounts

Marking OSS Items

OSS Invoicing and Tax Rate Determination

OSS Transactions

MOSS Reporting

Generating a MOSS Transactions Report

General Notices