Answer
Troubleshooting EFT Customer Refunds Not Showing in NetSuite
To ensure an EFT customer refund shows correctly in NetSuite, verify that the refund record is not marked as 'To Be Printed'. Additionally, confirm that no check number…
Read answer157 results total
Accounting & Financial Configuration
Browse practical NetSuite answers in Accounting & Financial Configuration, filtered by topic, audience, and difficulty.
Answer
Understanding Currency Settings and Restrictions for NetSuite Accounts
In NetSuite, currencies can be assigned to specific account types (excluding bank accounts) for revaluation, but this setting is permanent once applied. This action introduces restrictions, such as…
Read answerAnswer
Understanding NetSuite Budget Display: List View vs. Detailed Periods
NetSuite's budget list view displays consolidated amounts per budget version/year, broken out by classification. Duplicate lines for the same classification in an import file will replace, not consolidate,…
Read answerAnswer
What are NetSuite’s Alternate Sales Amount (ASA) Fields Used For?
NetSuite's Alternate Sales Amount (ASA) fields are not exclusively tied to Incentive Compensation. They are utilized for a broader range of sales-related calculations, including commissions, sales forecasts, and…
Read answerAnswer
What are the GL Impacts of NetSuite Post Time and Intercompany Adjustments?
The Post Time transaction debits the Project Expense account and credits the Project Cost Variance account. For intercompany scenarios, an advanced intercompany journal reverses the initial entry in…
Read answerAnswer
What Are the Recommended Transaction Line Item Limits in NetSuite?
NetSuite recommends specific line item limits for transactions to ensure optimal performance. For user interface submissions, the limit is 500 lines. CSV import and Web services allow up…
Read answerAnswer
What are the Risks of NetSuite Go-Live with Only Open Transactions?
Going live with only open transactions in NetSuite risks impaired financial reporting and audit compliance. Without importing all current year balances and loading Balance Sheet beginning balances into…
Read answerAnswer
What are the Side Effects of Enabling Class and Department Features in NetSuite?
Enabling NetSuite's Class and Department features has no inherent negative side effects. The primary consideration is to strategically define their intended use early to maximize their value in…
Read answerAnswer
What Decimal Precision Do NetSuite Transaction Fields Support?
NetSuite transaction fields have varying decimal precision. The Quantity field can support up to 8 decimals, particularly in SuiteBilling. The Rate (Unit Price) field may support up to…
Read answerAnswer
What Happens When ‘Delete All Data’ is Used in NetSuite?
Clicking 'Delete All Data' in NetSuite initiates a permanent and irreversible deletion of all transactional, list, website, CRM, and customization data. Users are presented with a critical warning…
Read answerAnswer
What Happens When Setting the Opening Balance Field on NetSuite Entities?
Setting the Opening Balance field on an entity in NetSuite automatically triggers the creation of a Journal Entry to establish the specified balance. This behind-the-scenes financial import is…
Read answerAnswer
What is Positive Pay in NetSuite and How Does it Work?
Positive Pay is a fraud prevention service where an organization sends a file of all issued checks to its bank. The bank then only clears checks that match…
Read answerNo answers match those filters.