Let's Gel Testimonial
Designed for Indian businesses that continue to rely on NetSuite’s legacy tax module, the Tvarana TaxPro bundle provides advanced configuration, validation, and reporting tools that go beyond SuiteTax limitations.
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Centralised Logic Control
Configure default tax rules (GST, IGST, TDS), tax calculation logic (base vs. gross) from a single centralized hub.
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Comprehensive Tax Masters across State, Rate and TDS
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Precision Tax Routing
Advanced back-end logic ensures accurate GL account assignments across every tax scenario, including complex RCM and SEZ transactions.
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Granular Controls:
Categorize vendors as unregistered, exempt, or regular; assign tax applicability at the item level (example, nil-rated, exempted, RCM, regular).
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RCM Automation:
Automatically detect unregistered vendors and apply reverse charge entries with proper GL impact - no manual intervention required.
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Compliance-Ready GSTR & TDS Reporting:
Generate structured reports aligned with GSTR1, GSTR2, and TDS deduction rules- ready for export and compliance review.
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Advanced Tax Support:
Support for Lower TDS rates, SEZ exemptions, and Input Tax Credit (ITC) handling - all configured based on entity, item, or vendor logic.
No need to migrate to SuiteTax to stay compliant- ideal for businesses mid-upgrade or with custom setups.
Supports TDS across vendors, items, and thresholds. Enables precise GL routing for GST, RCM, and SEZ transactions.
Full support for legacy transaction mapping with mass-assignment capabilities for HSN codes across existing item records.
See the impact of our solutions on real business results.
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Yes, this bundle is built specifically for the legacy tax engine and overcomes its limitations.
Yes. SEZ vendors or customers can be marked, and logic excludes tax for qualifying transactions.
Yes. HSN/SAC master supports rate definition by item group or classification.
Yes - section codes like 194C and 194Q can be assigned per vendor/service relationship.
If a vendor is marked unregistered, RCM is automatically applied based on item configuration.
The FAM module offers pre-built reports such as:
- Asset Listing
- Depreciation Schedule
- Asset Disposal Summary
- Asset Revaluation
FAM automates depreciation using methods like Straight-Line, Double-Declining Balance, and Sum-of-the-Years-Digits.
Yes. We offer import templates to help bulk assign HSN codes and tax rules to existing records.
TDS fallback logic applies a higher deduction rate as per applicable section rules.
Yes, Input tax (e.g., IGST, CGST) is posted to the appropriate GL accounts for ITC tracking.
The FAM module offers pre-built reports such as:
- Asset Listing
- Depreciation Schedule
- Asset Disposal Summary
- Asset Revaluation
FAM automates depreciation using methods like Straight-Line, Double-Declining Balance, and Sum-of-the-Years-Digits.
Yes. GST, TDS, and RCM impacts are reflected in the GL using configured tax group mappings.
It works for both goods and services—TDS and RCM logic are handled based on item/service classification.
Yes, additional customizations can be made to meet specific business requirements, including report modifications, additional approval workflows, and integration with other banking partners.
The FAM module offers pre-built reports such as:
- Asset Listing
- Depreciation Schedule
- Asset Disposal Summary
- Asset Revaluation
FAM automates depreciation using methods like Straight-Line, Double-Declining Balance, and Sum-of-the-Years-Digits.
No. This bundle is purpose-built for legacy tax engine users.
Yes, The TDS Section Code Summary Report has the option to export the results in Excel and CSV Format.
Yes, additional customizations can be made to meet specific business requirements, including report modifications, additional approval workflows, and integration with other banking partners.
The FAM module offers pre-built reports such as:
- Asset Listing
- Depreciation Schedule
- Asset Disposal Summary
- Asset Revaluation
FAM automates depreciation using methods like Straight-Line, Double-Declining Balance, and Sum-of-the-Years-Digits.
Yes, the TDS Section Code Summary Report can be customized to meet specific business requirements
Yes, the TDS Section Code Summary Report is Compatible with WINMAN with rounding of TDS amounts.
Yes, additional customizations can be made to meet specific business requirements, including report modifications, additional approval workflows, and integration with other banking partners.
The FAM module offers pre-built reports such as:
- Asset Listing
- Depreciation Schedule
- Asset Disposal Summary
- Asset Revaluation
FAM automates depreciation using methods like Straight-Line, Double-Declining Balance, and Sum-of-the-Years-Digits.
Update the vendor’s bank details in NetSuite, and the integration will use the updated information for subsequent transactions.
The standard NetSuite FAM module lacks automation for CWIP conversion. Tvarana's custom solution automates the conversion of assets from CWIP and vice versa, reducing manual input and improving financial accuracy.
NetSuite’s standard FAM module only supports basic asset categorization. Tvarana has customized the system to allow sub-categorization of assets, improving asset grouping and reporting.
