How to configure subsidiaries in the NetSuite SuiteTax Adapter for GTD

Configuring subsidiaries includes activating the tax engine and adding any configured nexuses to it. The steps are different depending on whether you have a NetSuite account or a NetSuite OneWorld account.

Configuring subsidiaries for a NetSuite account

  1. Go to Setup > Company > Company Information.
  2. Click the Tax Registrations tab.
  3. From the Country dropdown menu, select a country.
  4. From the Nexus dropdown menu, choose a nexus that has a tax agency assigned to it. The Tax Agency field should automatically populate.
  5. From the Tax Engine dropdown menu, select Sovos SuiteTax 2.0.
  6. Click Add.
  7. Click Save.

 

Configuring subsidiaries for a NetSuite OneWorld account

This configuration is only needed for NetSuite OneWorld accounts with multiple subsidiaries. Each subsidiary using the adapter needs to be configured individually.

  1. Go to Setup > Company > Subsidiaries.
  2. Click the Edit link for the subsidiary that’s going to use Global Tax Determination.
  3. Click the Tax Registration tab.
  4. From the Country dropdown menu, select a country.
  5. From the Nexus dropdown menu, choose a nexus that has a tax agency assigned to it. The Tax Agency field should automatically populate.
  6. From the Tax Engine dropdown menu, select Sovos SuiteTax 2.0.



  7. Click OK.
  8. Repeat steps 5-7 for all nexuses that have a tax agency assigned.
  9. Click Save.