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Tax Code that is specified on the Subsidiaries tab of the Vendor record. This will only be used if the tax rate is not equal to 0. [The subsidiary sublist is only available on NetSuite Oneworld accounts. FlowAP only supports Oneworld accounts]
Purchase Tax Code set in the Non-US Nexuses tab of the Tax Schedule associated with the item.
Item standard NetSuite form > Accounting subtab > Tax Schedule
Tax Code will be searched using the Tax Code lookup Table set in the FlowAP Subsidiary Setup for the subsidiary.
If none, the system will use the Default Tax Code in the Set Up Taxes page provided it is available for purchases.
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Warning! If NetSuite’s Default Tax Code set in the Nexus is used, the tax rate of the default tax code will supercede the XML’s tax rate during bill creation. FlowAP Conversion does not search for tax codes that are not configured in this hierarchy. A tax code will not be used for the creation of the transaction if it is not found in this hierarchy. |
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Tax Code Hierarchy 1,2 and 3 need to be configured to ensure that the XML tax rate will be equal to the tax rate of the created transaction. For example, the invoice line in the XML tax rate is 20%. There must be a valid NetSuite tax code record for 20% tax rate configured in either one of the vendor-subsidiary sublist, item:tax schedule or the FlowAP subsidiary setup tax code table. |
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