157 results total
Browse practical NetSuite answers in Accounting & Financial Configuration, filtered by topic, audience, and difficulty.
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Custom payment terms in NetSuite can be achieved through two main approaches. The first involves leveraging the Advanced Billing module's Billing Schedules feature. Alternatively, organizations can implement custom…
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To import payment processor files, navigate to Transactions > Bank > Import Online Banking Data. Review imported transactions on pages like Banking Import History or Match Bank Data.…
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NetSuite natively supports importing bank statements in BAI2 format. For other formats like BAI that need conversion to OFX, various third-party tools are available. Once converted to OFX,…
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To inactivate parent departments or classes while keeping their child segments active, navigate to the respective classification list view, enable 'Show Inactives', mark the parent segments as inactive,…
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To link customer payments to invoices and auto-populate customer details, create a custom transaction body field (List/Record - Transaction) applied to Customer Payments, filtered for open invoices. A…
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The CPA-005 template's 'File Creation Number' is derived from the 'Sequence ID' field (custrecord_2663_sequence_id) of the previous Payment File Administration record, not the internal ID. This field's visibility…
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To manage CIP assets without the Project module, create dedicated CIP expense accounts for purchases and GL entries. Ensure all related transactions reference these accounts. Once all costs…
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Modifying GL accounts on historical NetSuite transactions is generally not recommended due to significant impacts and system limitations, especially for paid-in-full or closed-period transactions. The best practice is…
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NetSuite provides adjusting periods, which can now overlap standard accounting periods. However, it is generally recommended to avoid using them. Instead, implement custom fields, such as checkboxes or…
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NetSuite OneWorld's Multiple Calendars feature enables the creation and assignment of different fiscal calendars to subsidiaries within a single instance, supporting various accounting period formats like 4-4-5 weeks.…
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To mass delete Journal Entries in NetSuite, users can add a custom field to the Journal Entry record and configure it to display on the list view. By…
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To consolidate a custom retained earnings account with NetSuite's system-generated account, merge the custom account into the system account. While the system account register only shows direct entries,…
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