157 results total
Browse practical NetSuite answers in Accounting & Financial Configuration, filtered by topic, audience, and difficulty.
Answer
In NetSuite, money transfers between two bank accounts are recorded using the dedicated "Transfer" transaction. This ensures proper accounting for the movement of funds, maintaining accurate balances across…
Read answer→Answer
To record a wire payment in NetSuite, utilize the "Pay Single Vendor" screen to apply a bill payment. While the "Check #" field can be manually updated for…
Read answer→Answer
To reimburse employee expenses via direct deposit on payroll, enable the 'Pay Expenses on Paychecks' preference and create an 'Earning:Expense' payroll item. This method integrates approved expense reports…
Read answer→Answer
To rename a default currency in NetSuite, navigate to Lists > Accounting > Currencies. Select the specific currency you wish to modify from the list. Once opened, locate…
Read answer→Answer
To resolve discrepancies where accrued purchase is not fully debited on vendor bills due to exchange rate variances, ensure the 'Receipt' field is visible on the Vendor Bill…
Answer
To resolve empty payment methods and checkout errors in SuiteCommerce, navigate to Setup > Accounting > Accounting Lists. For each credit card item, edit its record, go to…
Read answer→Answer
To resolve missing classification hierarchies in NetSuite dropdowns, ensure that the parent classification is correctly associated with all its child classifications. Additionally, consider implementing a consistent naming convention,…
Read answer→Answer
Dynamic Expense Allocations require all segments (Department, Class, Location) to have values in the Statistical Journal Entry for accurate sample weight calculation. If the sample weight is incorrect,…
Answer
If NetSuite allocation schedules fail to identify current period expenses, especially with a non-January fiscal calendar, set the user preference 'Report by Period' to 'Never' (Home > Set…
Read answer→Answer
When a credit memo or debit is not automatically applied to an invoice in NetSuite, the primary solutions involve either creating a new invoice to link the transaction…
Read answer→Answer
Retagging journal entries to a new account in NetSuite depends on the account type. If accounts are compatible, use the Merge function directly on the account record. Otherwise,…
Answer
To reverse a journal entry created by an allocation schedule in NetSuite, manually create a new journal entry. This new entry must generate reversing General Ledger (GL) impacts…
Read answer→No answers match those filters.
We use only optional tools to measure site usage and manage HubSpot forms. You can accept, reject, or choose category by category.
Optional tools are off by default. You can change your choice at any time.
Always on. These only remember your consent choice and support site security. No analytics or marketing tool runs in this category.