330 results total
Browse practical NetSuite answers in Finance/accounting team, filtered by topic, audience, and difficulty.
Answer
NetSuite does not allow direct application of credits from one customer account to an invoice associated with a different customer account. To bridge these transactions, a Journal Entry…
Answer
To build a consolidated A/R aging saved search, start with the Transaction record type, filter for Invoices with an Open status, and use formula (currency) columns to calculate…
Read answer→Answer
No, it is not possible to add custom items or tasks to the NetSuite Period Close Checklist. This checklist is a standard, system-defined feature within NetSuite, designed to…
Read answer→Answer
NetSuite does not natively support filtering customer statements by department. This limitation arises because the Department field is not directly available on the Customer record, preventing its use…
Read answer→Answer
NetSuite Journal Entries do not include a 'Billable' checkbox for direct customer invoicing. To properly track and invoice billable expenses to customers, it is recommended to utilize Vendor…
Read answer→Answer
Yes, most native NetSuite accounts can be renamed for clarity, provided their original purpose remains unchanged. However, system-generated accounts like Undeposited Funds and Customer Deposit are hardcoded for…
Read answer→Answer
NetSuite's standard rebillable expense process is designed to transfer a known accounting impact from a vendor bill to a customer. Therefore, it is not possible to directly rebill…
Answer
No, NetSuite does not automatically update the recognition or deferral accounts for existing revenue arrangements. Even if the associated item's sales account is changed, the accounting treatment for…
Read answer→Answer
NetSuite allows users to perform revenue recognition catch-up periods multiple times to adjust for past discrepancies. However, it is crucial to note that a catch-up cannot be applied…
Read answer→Answer
The native NetSuite Period Close Checklist's core actions and triggers are not directly extensible. However, its content can vary with the 'Extended Accounting Period Close Process' feature, especially…
Answer
NetSuite's Electronic Bank Payments SuiteApp supports the CPA-005 format for Canadian banks. Customization of the CPA-005 payment file template is performed by creating a copy of the standard…
Read answer→Answer
In NetSuite, landed costs are automatically added to an item's cost. This integration happens at the point of receipt into inventory, ensuring that all associated expenses like freight…
Read answer→No answers match those filters.
We use only optional tools to measure site usage and manage HubSpot forms. You can accept, reject, or choose category by category.
Optional tools are off by default. You can change your choice at any time.
Always on. These only remember your consent choice and support site security. No analytics or marketing tool runs in this category.