I am getting this message and not quite sure what to do about it "No tax agency defined for subsidiary: subsidiary Abco NZ is not linked to nexus Australia" it should not be linked to the Australia nexus

AI generated answer (using internal Slack threads):

Based on the conversations, it seems like you're encountering an issue with the nexus settings for your subsidiary. The error message "No tax agency defined for subsidiary: subsidiary Abco NZ is not linked to nexus Australia" indicates that the subsidiary is not linked to the correct nexus. In NetSuite, a nexus is a connection or link between a subsidiary and a tax agency. This link is necessary for tax calculations and reporting. If a subsidiary is not linked to the correct nexus, it can cause issues with tax calculations and reporting. Here are the steps to link a subsidiary to a nexus: 1. Navigate to Setup > Company > Subsidiaries. 2. Edit the subsidiary that you want to link to a nexus. 3. In the Nexus subtab, click New. 4. In the Nexus field, select the nexus that you want to link to the subsidiary. 5. Click Save. Please note that you need to have the appropriate permissions to perform these steps. Also, these steps are based on the standard NetSuite user interface and may vary if your account has been customized. If you're trying to link a subsidiary to a nexus in a different country, you may need to create a new tax code for that country and associate it with the subsidiary. This can be done in the Tax Codes page (Setup > Accounting > Tax Codes). Remember, the nexus should be linked to the tax agency that is relevant to the subsidiary's location. In your case, if the subsidiary Abco NZ is based in New Zealand, it should be linked to a New Zealand nexus, not an Australia nexus. ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******