157 results total
Browse practical NetSuite answers in Accounting & Financial Configuration, filtered by topic, audience, and difficulty.
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The NetSuite Fixed Asset Proposal process runs as a SuiteScript, meaning its execution time can vary significantly, from seconds to over 30 minutes. Users only need to initiate…
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To optimize customer payment application, create three custom free-form text fields on the Customer Payment record. Customize the payment form to place these fields under the "Apply" tab.…
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NetSuite's dedicated 'Transfer Funds' transaction type is exclusively for bank accounts. To pay credit card bills from a bank account, utilize Journal Entries. This method allows for proper…
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To prevent direct posting to a parent account in NetSuite, simply check the 'Summary' box on the parent account record. This designates the account for reporting purposes only,…
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Duplicate bank data imports in NetSuite typically occur when the 'Update Imported Bank Data' button is manually clicked on the Match Bank Data page, causing a re-import. To…
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To process a fixed asset trade-in, first perform an asset sale for the old asset, generating an invoice and journal entry. Then, manually create a journal entry for…
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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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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 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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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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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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