ANS-0761 · SUITETAX & TAX MANAGEMENT
How to Display Detailed Tax Breakdown in NetSuite Reports
Configure NetSuite tax components and adjust reports to show specific tax code collections for granular insights.
Short answer
NetSuite allows for detailed tax reporting by properly defining individual tax codes or components. Users must configure these within tax groups and then adjust the relevant reports to display the specific tax codes, enabling a clear view of collected amounts for each component over time.
Scenario
A NetSuite user requires a report that provides a granular breakdown of collected taxes, showing individual amounts for specific tax components such as city, county, or state taxes, rather than just a consolidated total tax amount.
Solution
Ensure individual tax codes or components (e.g., "CITY", "COUNTY", state, transit, other1, other2) are properly defined within NetSuite.
When creating or editing tax groups, set the specific tax codes for each component, such as city, county, or state.
To view the collected amounts for each tax component over a specific period, adjust the relevant NetSuite report to display the individual tax codes.
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