This article is for NetSuite Legacy Tax users only. If you use NetSuite SuiteTax, read the following articles for information on setting up nexuses:
A nexus is a taxing jurisdiction in which you have a taxable presence, such as an office or warehouse. In NetSuite, a nexus is usually defined at the country level.
If you have a NetSuite OneWorld account, you must first create a nexus, then add the nexus to the subsidiaries that will include tax calculations. If you have a non-OneWorld NetSuite account, you don't have to add the nexus to a subsidiary.
To create a nexus, follow these steps:
- Go to Setup > Accounting > Nexus > New.
- In the Country field, select the country you're creating a nexus for.
- If this nexus is in the U.S. or Canada, select the state, province, or county in the State/Province/County field. Leave this field blank if the nexus is outside of the U.S. or Canada.
- If the default list doesn't include the state, province, or county that you're creating a nexus for, you can create it by following the steps in this article.
- In the Description field, enter a name for this nexus. The nexus will appear under this name on the Set Up Taxes page.
- Click Save.