India Tax Bundle addresses the challenges around taxation within Indian localization and tax management with the introduction of the GST regime.
inoday presents a customizable and scalable solution, the NetSuite India Tax Bundle, to manage GST, TDS, and TCS business requirements, built on the fundamentals of NetSuite SuiteTax.
inoday adapts NetSuite Tax Management capabilities to make its inventive features and functionalities in the form of India localization bundle NetSuite, appropriate for their customers‘ business requirements through our professional services.
Moreover, many of our customers have simplified GST registration, opted for new GST registration, and GST filing as well.
By leveraging NetSuite India Tax Automation via an official Oracle NetSuite Channel Partner can help you meet GST and TDS compliance and regulations efficiently.
Calculate TDS on Vendor, analyze bills and reports, and upload vendor bills efficiently within this NetSuite Tax Solution for India.
You can book separate challan for separate sections, and vendors and create e-invoicing with automatically generated challan—all within NetSuite India Tax Structure.
Create TDS Reports for 26Q and 27Q in standard format for return filling and validation, and avail of SEZ reports in Excel/CSV format with NetSuite India Tax Bundle.
| Transactions | GST | TDS |
| Purchase Order |  |
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| Vendor Bill | |
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| Credit Memo | |
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| Vendor Debit Note | |
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| Customer Invoice | |
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| Customer Payment | |
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| Vendor Prepayment | |
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* GST Return Filling, and more capabilities regarding India GST and TDS Management.
Design into NetSuite, our solution ensures compliance for the buyers or service recipient about Goods and Services received from MSME vendors.
All data from the government portal will be accessible in NetSuite via API. Also, users can download or view period-wise data directly within NetSuite.
– The inoday Tax Bundle, orchestrated on NetSuite Tax Management Capabilities, handles local taxes across subsidiaries, including GST, TDS, and TCS.
– Ideal for businesses with multiple subsidiaries or legal entities.
– This one-stop solution integrates transaction tax determination and tax reporting within the suite.
– Business organizations can use it for sales, billing, revenue recognition, and payment processing.
– The NetSuite India Tax Automation with the inoday India Tax Bundle automates tax determination specific to Indian law.
– Ensures the correct tax rate is applied to every transaction, every time, reducing guesswork.
– The Tax Bundle provides enhanced visibility into the General Ledger impact of non-posting transactions.
– Accounting, purchasing, and sales teams can confidently process taxes in compliance with India-specific laws using the inoday NetSuite India Tax Bundle.
Acclaimed as the #1 Oracle NetSuite Channel Partner in India, inoday has come with India Tax Bundle to address GST and TDS requirements around Indian localization.
This comprehensive and scalable inoday NetSuite Tax Engine is capable of automated tax reporting, offers seamless integration, and is GST compliant. With high flexibility across reporting, tax code configuration, and tax details capturing at both the customer and vendor site, this Indian Taxation Bundle for NetSuite solution renders TDS Support and helps growing businesses meet GST and TDS regulations without a hitch.
Acknowledged as an official and award-winning Oracle NetSuite Channel Partner, inoday is the right place to help you eliminate the business risk incurred due to manual data entry or tax calculation. We help you harness the power of the India localization Bundle in NetSuite for automated tax determination and complaince.
As certified NetSuite Consultants, we have delivered our expertise for 17+ years across business gap analysis, implementation, configuration, customization, integration, and managed services. inoday, an astute NetSuite Solution Provider can help you get inoday NetSuite India Tax Structure and ensure robust tax management.
You can connect to our experts to understand NetSuite India Tax Bundle and make the most out of our expertise across tax management solutions to add value to your business.
To enable businesses, comply with the regulatory norms, inoday presents India localization tax bundle to meet the GST and TDS requirements. It comes with automated tax reporting, seamless integration with system, and compliance with GST. This bundle is well-known for resolving the following business challenges in this competitive age.
ORACLE has a GST Bundle that doesn’t adhere to GST compliances causing trouble among businesses of all sizes. However, inoday’s India localization tax bundle adhere to GST compliances. Here’s what you will get with our bundle.
inoday has addressed scenarios in the India localization Bundle which are not currently available in the ORACLE bundle.
Management of RCM and SEZ vendors is one of the key issues in the ORACLE Bundle which is resolved under our bundle.
As per system, one customer (user) can create one HSN and that can’t have different rates on sales and purchase transactions.
To solve this problem, our bundle enables customers to create multiple HSN for different rates. However, during voucher printing, only a single HSN will be printed.
One HSN can be eligible for input with one vendor and cannot be eligible for input with another.
To solve this problem, our bundle enables customers to do customization of selecting the option of eligibility of input tax, so that customers have clear reports for eligible transactions.
With this customization, customers can use the reports for GSTR 2B reconciliation.
Sometimes, while the customer tries to save a voucher, an error pops up on the top of it, causing the voucher to get stuck there. These errors occur due to incomplete setup or missing mandatory fields on vendor and item master.
inoday provides a solution for reviewing the master data and tax rate rules. (This solution can be applicable for similar types of errors).
Sometimes, the customer makes an invoice on which discount is applied (for a single item or all the items on invoices). inoday provides a solution for it using the following methods.
TDS or Tax Deducted at Source can be explained by the income tax reduced from the money paid at the time of making specified payments by the person making such payments. These may include rent, commission, professional fees, salary, or interest. In general, a person receiving income is liable to pay income tax.
The fundamental concept of TDS is that the person on whom responsibility has been cast is to deduct tax from payments of specific nature at an appropriation rate. The deducted sum should be deposited to the credit of the Central Government later.
NetSuite Tax Management Features cover support for in-country transactions management such as sales tax, VAT or GST. Businesses can leverage NetSuite Tax Management to navigate special tax situations and rules like intra-country, country-to-country transaction, 3PL, reverse charges, and more.
A Tax Group combines multiple Tax Codes. To create a Tax Group in NetSuite, you can go to Accounting, Tax Group in your NetSuite account and create the Tax Group in NetSuite.
Go to Transactions > Sales > Create Invoices. Select the customer for this invoice. If the customer is from a nexus where withholding tax is used, the system reloads the form to display the withholding tax objects.
