This article applies to:Avalara AvaTax for NetSuite
Calculate sales tax, consumer use tax, and VAT on a variety of transaction types in NetSuite.
- Calculate sales tax
After you set up and configure AvaTax for NetSuite and set customer taxability, AvaTax for NetSuite calculates sales tax on a variety of transaction types.
- Recalculate sales tax on transactions
Recalculate tax on many transactions at the same time.
- Set taxable vs. non-taxable transactions
In AvaTax for NetSuite, configure tax calculations for a sales transaction.
- Calculate consumer use tax on purchase transactions
The consumer use assessment and accrual capability in NetSuite lets you assess the consumer use tax on your purchases in real-time and accrue the applicable tax amount.
- Verify input VAT on purchase transactions
For a transaction, the vendor calculated VAT details can be verified against the VAT calculated in AvaTax for NetSuite.
- Create an invoice
Learn how to create a new invoice in AvaTax for NetSuite and add items to the invoice.
- Display the item price with tax
It's easy to calculate an item price that totals an exact price + tax in AvaTax for NetSuite. For example, if you want the price of an item with tax to be exactly $500, simply enable Tax Included, and AvaTax calculates the tax and changes the item price to add up to a total of $500. Once you enable this feature, just click a checkbox for it on every transaction.