Hello Everyone, I am currently working on a pre-sales phase for a NetSuite Implementation for a potential customer selling second hand bicycles. We have a topic related to VAT Management as the amount to be considered for the VAT calculation is the margin between sales amount and purchase amount (VAT on Margin Scheme). I didn't find any relevant information on the NetSuite documentation. Would anybody know whether NetSuite is able to manage this type of VAT Calculation out of the box, by customization/scripting? I would appreciate any support, insights or feedback on this particular problematics. Thanks a lot!

This is not usually recorded anywhere in NetSuite in a system way. The only way I could think to do this would be to create a saved search for that specific requirements to include the data needed.