TABLE OF CONTENTS
What is the SuiteTax Engine
The SuiteTax Engine is Oracle NetSuite’s advanced tax calculation system that automatically applies tax rates to documents such as invoices, POs, receipts, and credit notes.
Activating the SuiteTax Engine is required to ensure correct tax data exchange between Precoro and NetSuite. Otherwise, tax-related data cannot be fully processed between two systems, leading to potential sync issues.
With SuiteTax Engine enabled, you can:
- Automatically apply tax rates to document line items
- Keep tax amounts synchronized across both platforms
- Prevent errors and mismatches in tax calculations
- Stay compliant with local tax regulations across different countries
How to Activate the SuiteTax Engine
To activate the SuiteTax Engine, follow these steps:
Step 1: Set Up the NetSuite Integration with Precoro’s SuiteApp
Make sure your NetSuite integration is fully configured using Precoro’s SuiteApp. To set it up, refer to our step-by-step guide.
Step 2: Contact Customer Success Team
Once you complete the integration setup, contact your Customer Success Manager to enable the SuiteTax Engine on Precoro’s side.
Step 3: Enable the SuiteTax Engine in NetSuite
To complete the setup, you need to activate the SuiteTax in your NetSuite account as well.
💡 Please note: You won’t be able to switch back to Legacy Tax once SuiteTax is enabled.
Follow these steps to enable SuiteTax:
- Log in to NetSuite with the Precoro Integration Role.
- Go to Setup → Company → Enable Features.
- In the Tax section, enable the SuiteTax checkbox.
- Click Save to apply the changes.
Further installation steps may vary depending on your company’s configuration in NetSuite.
For detailed guidance, we recommend watching the official Oracle NetSuite tutorial.