A significant challenge of international – or even inter-state – business is compliance with the myriad tax rules and regulations that differ from country to country, state to state, and sometimes at the county or city level. Organizations are required to determine and calculate taxes across multiple jurisdictions and are often faced with manual, time-consuming methods, and repetitive work to disseminate data into systems used for sales, billing, revenue recognition, payment processing, and more.
SuiteTax, built on the trusted NetSuite platform, is an integrated solution that provides the flexibility to support specific tax needs and legislation changes. With SuiteTax, you’ll be able to effectively manage in-country transactions, such as sales tax, VAT, or GST, and special tax situations and rules, such as intra-EU transactions, 3PL, reverse charges, and others. Additionally, the SuiteTax API allows multiple tax partner engines to tailor a solution to geographic requirements.
Eliminate manual tax calculations and labor-intensive management of tax rates and regulations with NetSuite’s easy-to-install SuiteTax solution. AST’s veteran NetSuite team is available to assist you in choosing which bundles are right for your business:
There are myriad benefits that come with using SuiteTax, both in general and region-specific use cases.
Overall, SuiteTax helps your company:
Contact us to learn more about the region-specific features of SuiteTax for the United States, VAT Countries, and more.
Ensure compliance with indirect tax and transactional tax obligations.
Built-in tax logic determines taxability and automates calculations on every transaction. Tax rates are automatically updated to NetSuite each month.
Tailor your solution to your needs and geographic requirements. Import transactions from multiple systems that have their own tax logic.
