330 results total
Browse practical NetSuite answers in Finance/accounting team, filtered by topic, audience, and difficulty.
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To reverse recognized revenue and stop future revenue recognition in NetSuite, utilize an RMA or credit memo. After creation, ensure the arrangement of the RMA/Credit is merged with…
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NetSuite offers two primary methods for managing company credit cards: setting up a dedicated Credit Card account for full reconciliation, or importing statements as vendor bills. The latter…
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Yes, Canadian (CAD) tax codes can be successfully set up and applied to US vendors in NetSuite. This functionality is available when the vendor record is configured as…
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To share financial report layouts across NetSuite subsidiaries, create copies of existing layouts and assign them via Reports > Financials > Row Layout Assignments. This ensures NetSuite uses…
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Landed costs in NetSuite are tracked by enabling 'Track Landed Cost' on the item record and are entered on the Item Receipt. While manual entry is possible, NetSuite's…
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NetSuite's native employee advance functionality can be adapted to track and replenish employee debit card funds. This involves issuing advances via 'Write Check' to an 'Advances Paid' account,…
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To identify eliminated intercompany transactions, configure a NetSuite saved search. Utilize System Notes to filter for changes in the 'Eliminate' field, interpreting 'T' as 'Yes' and other values…
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NetSuite consolidated exchange rates are generated upon subsidiary or accounting period creation, based on the Currency Exchange Rate table. They are not expected to be 1:1. Rates can…
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The 'Eliminate Intercompany Transactions' checkbox on NetSuite GL Accounts cannot be directly updated via CSV import. Manual updates are required. To manage many accounts, create a custom checkbox…
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To successfully upload a NetSuite Chart of Accounts with parent-child (mother-son) relationships, ensure that only the internal IDs are mapped. Specifically, map the internal ID for the main…
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To use Bank or AR accounts on expense lines in NetSuite, consider leveraging the "Write Check" functionality, which allows debits to various accounts. For more complex GL impacts…
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To generate an A/R Aging Detail report for a root customer and all its subcustomers, navigate to the Customer Dashboard. Within the Customer Dashboard Links portlet, locate and…
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