Tax Type Records in SuiteTax

In SuiteTax, tax types are used to link tax codes to nexuses and to the proper general ledger accounts, and to group tax amounts on the transaction summary box. Special tax types, such as withholding tax, are also supported in SuiteTax.

During migration, new tax type records will be created if the tax accounts set on the legacy tax code and tax type records do not match.

Legacy Tax		SuiteTax		Migration to SuiteTax
Field Name	Field ID	Field Name	Field ID
Country (tax type name)	country	Country (dropdown field)	country	Retained (changed to regular field).
Name	name	Name	name	Retained.
Description	description	Description	description	Retained.
—	—	Does Not Add To Transaction Total	doesnotaddtototal	Added to the form and set to false.
—	—	Post To Item Cost	posttoitemcost	Added to the form and set to false.
—	—	Tax Included In Net Amount	taxinnetamount	Added to the form and set to false.
—	—	Reverse Charge	reversecharge	Added to the form and set to false.
—	—	Inactive	isinactive	Added to the form and set to false.
—	nexusestax	—	nexusaccounts	Changed machine ID.
—	nexusid	—	—	Removed from form.
Nexus	nexus	Nexus	nexus	Retained.
Liability/Sales Tax Account	saletaxacct	Payables Account	payablesaccount	Changed field names and IDs. Field values depend on whether the sales and purchase tax accounts set on the legacy tax code and tax type records are the same or not: If the tax accounts are the same on both records, the legacy values for tax accounts are retained on the tax type record during migration to SuiteTax. When the tax code is used on transactions in SuiteTax, the GL account is sourced from the tax type. If the tax accounts are different, SuiteTax will create a new tax type with tax accounts that match the ones set on the legacy tax code record. The newly created tax type will be assigned to the migrated tax code record and to other migrated tax codes with the same tax accounts. Doing so ensures that the GL impact of transactions remains unchanged after migration to SuiteTax. Note: A new tax type will be created regardless of whether or not there is an existing legacy tax type with the same tax accounts.
Asset/Purchase Tax Account	purchtaxacct	Receivables Account	receivablesaccount

General Notices