Hi all, question on Singapore’s GST on Imported Services (Reverse Charge) Answer Id: 89615. I was told by my colleague that in the previous ERP that he used, when a bill is created with reverse charge tax code, the system will auto-generate another line that will hit AR. Is Netsuite also able do the same?

Reverse Charge Tax Codes use both Sale and Purchase GL codes to post..not sure the proper config if starting from scratch

hmm... so in a bill, how is it applied? Let's say I create a bill and in the line item, the reverse charge tax code is selected. This is only on the AP side right? How do I go about applying on the AR side?

go look at a tax code record and see the related GL accounts. now imagine both being used. typically one is a current asset and the other a current liability. neither are AP or AR.