330 results total
Browse practical NetSuite answers in Finance/accounting team, filtered by topic, audience, and difficulty.
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NetSuite supports ACH processing through its native Electronic Bank Payments SuiteApp, which must be enabled. Alternatively, organizations can integrate with various third-party partners for ACH services. The optimal…
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Yes, credit card payments can be entered and processed on customer deposits after the initial record creation. NetSuite provides options like 'Charge Credit Card' or 'Get Authorization' fields,…
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To pay vendor bills with a credit card in NetSuite, first set up a Credit Card type account and a vendor for your credit card bank. Pay bills…
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To process vendor payments without an immediate bill, consider creating vendor bills due on receipt. For payments made before a bill exists, NetSuite's native Vendor Prepayment feature offers…
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Voiding journals are still considered journal transactions and will trigger associated scripts. To programmatically identify a voided journal entry, check the value of its 'void' field. In modern…
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To properly assign Classes and Departments to inventory adjustments in NetSuite, create multiple Inventory Adjustment transactions, with each transaction dedicated to a specific Class and Department combination. Avoid…
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To refund a customer for a Cash Sale in NetSuite, direct deletion of the Cash Sale transaction is not the appropriate method. Instead, users must process a dedicated…
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To properly void a credit memo in NetSuite, it is crucial to not only create a reversing journal entry but also to apply the credit memo directly to…
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To prorate taxes on freight in NetSuite, first create a dedicated tax code linked to the appropriate tax agency. Then, implement a SuiteScript (e.g., SuiteScript 1.0) to calculate…
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Yes, a NetSuite RMA sales credit can be recorded in a different GL account. This is accomplished using a Custom GL Lines Plug-in. This plug-in dynamically modifies the…
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NetSuite does not automatically close the 'Inventory Returned Not Credited' account for foreign currency variances between item fulfillments and bill credits. To reconcile, create a custom General Ledger…
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To reconcile a bank account in NetSuite, navigate to Transactions > Bank > Match Bank Data to match transactions, then proceed to Transactions > Bank > Reconcile Account…
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