NetSuite Taxes Integration

This article will help you understand how the integration of Taxes works between NetSuite and Precoro.

TABLE OF CONTENTS

How to Import Taxes from NetSuite


You can find the list of your Taxes in SetupAccountingTax Codes.


You can integrate all Taxes types except for Sales ones.


Usually, the US Entities work with the Sales Tax type. Please note that this type is not integrated. If you have any questions regarding this, please contact our Customer Support Team, who will gladly answer all your questions.


To import Taxes from your NetSuite account to your company in Precoro, follow these steps:

  1. Make sure that your Taxes are associated with the integrated Subsidiary.
  2. Go to your NetSuite integration page and click the Import Taxes button.
  3. Select the Taxes to import or click Select All (if you need to integrate all of them).
  4. Click the Import button.
  5. Congratulations, the Taxes list has been imported.

Please note: Only Taxes associated with the integrated Subsidiary will be imported to Precoro.


How to Update Taxes


Go to your NetSuite integration page and click the Update Taxes button.

After the update, you will receive a system notification regarding the success status and the number of updated records.


Integrated Fields and Their Synchronization


Please note: The Tax integration uses the *one-way synchronization method.

*One-way synchronization — changes made in Precoro will not be displayed in NetSuite.
Changes made in NetSuite will be displayed in Precoro after the data update.

Tax Field in NetSuite Tax Field in Precoro
Tax Code Name
Rate Tax, %


You can only edit Taxes in NetSuite and then click on the Update button on the Integration page in Precoro to sync changes. Thus, you cannot edit the integrated Name and Tax, % in Precoro.

How to Remove the Integration


You can remove the integration by:


1. Deleting the needed Tax in NetSuite.

2. Updating the changes on the Integration page in Precoro.

3. The Tax integration will be removed in Precoro.


Or you can delete a Tax from the Precoro side. In that case, Tax in NetSuite will still exist.