There is also Mini-One-Stop-Shop tax calculation and reporting obligations for companies delivering electronic services to European customers. OneWorld also supports multi-subsidiary management and multi-location inventory management. The company says the suite now supports automated exchange rate updates for the more than 190 ISO currencies. OneWorld also has multi-book and multi-language capabilities, and supports multiple payment methods
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NETSUITE ENHANCES ONEWORLD Featured
NetSuite says the latest enhancements to its OneWorld suite support configured tax compliance in more than 100 countries. The cloud software company said this week OneWorld's Global tax supports omnichannel, omni-country business operations, taking into account the origin and destination of shipments in order to calculate the taxes for a given transaction. Within the European Union, it also handles triangulation reporting requirements for business engagements that span three countries.
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