Opening Balance Journal Entries for Customers and Vendors

To setup the beginning balance for AP/AR Aging process, for entities, we have to post the opening balances for Customers and Vendors. In NetSuite, it is possible to use the ‘Opening Balance’ field in the entity record. At the creation of a customer or vendor, the opening balance, opening balance date, and opening balance accounts… Continue reading Opening Balance Journal Entries for Customers and Vendors

Transaction Date and Period Mismatch on Creating the Item Receipt

User experiences the following error when creating the Item Receipt from the return authorization button. “The transaction date is not within the date range of the selected posting period. Click Go Back, then do one of the following:<li>Enter a transaction date that falls within the date range of the selected posting period.</li><li>Choose a posting period… Continue reading Transaction Date and Period Mismatch on Creating the Item Receipt

Slow Loading Project Records

Slow-loading Project Records can be caused by save searches used on sub-lists, especially ones that are loaded from the initial page load or by default. To troubleshoot this scenario: Navigate to the Project Record in question. On the first sub-tab, i.e. Tasks/Milestones, change the default view. If the record loads significantly faster than it previously… Continue reading Slow Loading Project Records

Budget Subtab is Not Available in the Project Record

By default, if you are not using Job Costing and Project Budgeting feature, the Budget Subtab will not appear on both Standard and Custom Project Forms.  Here are the different scenarios why the Budget Subtab will disappear from the Project Record when using Custom Form:  1.Budget Subtab is not enabled on the Custom Form:  To… Continue reading Budget Subtab is Not Available in the Project Record

Consolidated Payment Feature Limitations

It is not possible to use the Consolidated Payment feature if there are Parent and Child customers in different Subsidiaries. Enhancement 208348 has been filed to make the Consolidated Payment feature available for parent and child customers in different subsidiaries. Consolidated payments for invoice groups follow the same rules as consolidated payments. You cannot use… Continue reading Consolidated Payment Feature Limitations