can i define the tax percentage on the item
# ask-stanley-ai
h
can i define the tax percentage on the item
c
AI generated answer (using internal Slack threads):
In NetSuite, the tax percentage on an item is not directly defined on the item itself. Instead, tax is calculated based on the tax schedule and tax group associated with the item, which can vary depending on the tax jurisdiction. For example, in the first conversation, the user wanted to list the retail price inclusive of tax if there is tax applicable. However, as another user pointed out, the tax percentage could change depending on the tax jurisdiction, and it would have to be calculated on the fly using a tax service and passing in the customer's address. In the second conversation, a user asked how to set up an item to charge a percentage of the subtotal on the sales order. The suggested solution was to use a markup item for that purpose. In the third conversation, a user asked if it was possible to discount a Sales Order 100% with a discount item including tax. The suggested solution was to set the header level
Discount Item
field to a discount item with a 100% rate. Depending on the Tax preferences setting for
Respect Discount Item Tax Preference
, it might be necessary to change the value of the
Apply Before Sales Tax
checkbox for the Discount Item. ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******
Slack thread 1: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.845759571
Slack thread 2: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.808508694
Slack thread 3: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.802880108
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