Replacement Scenario in NetSuite

In this article you can find the Alternative solution for Standard Replacement Accounting

The workaround is to create a vendor return authorization and apply it to the purchase order.

1. Create a Vendor Return Authorization and Bill Credit to record the item return to Vendor

  • Navigate to Transactions > Purchases > Enter Vendor Return Authorizations
  • Enter the information and item details.
  • Click Save
  • Note: Approve the return as needed
  • Click Return
  • Fill up the Item Fulfillment form.
  • Click Save
  • Click on the Created From link to go back to the Vendor Return Authorization
  • Click Credit
  • Item details: Enter needed information.
  • Click Save on the Bill Credit

2. Create a new Purchase Order and Bill to record receipt of replacement item from Vendor and apply Bill Credit created

  • Navigate to Transactions > Purchases > Enter Purchase Orders
  • Enter the information and item details.
  • Click Save
  • Click Receive to record the new item given as replacement.
  • Click Save in the Item Receipt
  • Click Bill in Purchase Order
  • Click Save on the transaction.
  • Click the Make Payment button and Apply the Bill Credit created in #1

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