Author: Shanet Shaji

To work with vendor prepayments, we must enable the feature first. The Accounts Payable feature is a prerequisite to work with vendor prepayments. We should verify this feature is enabled before enabling Vendor Prepayments. To enable the Vendor Prepayments feature: Go to Setup > Company > Setup Tasks > Enable Features. Click the Accounting subtab.… Continue reading How to Set Up and Enter Vendor Payments

Vendor Prepayment Overview In procure to pay process, making payments to vendors happens after recording the purchase bill. But payments can be recorded even before the purchase bill is entered through the Vendor Prepayments feature. This feature records deposit amounts paid to vendors. We can apply these prepayment amounts against any open bills for the… Continue reading Vendor Prepayment in NetSuite

There are three steps in a typical order management process (yes, you can customize them to your needs): 1) Placement: We get a sale when the client places the order.  The purpose of using order management software is to have immediate access to essential transaction records in order to store the client’s orders. Some of the… Continue reading How does Order Management work?

From quote to cash, the NetSuite Order to Cash process flow communicates with the other system modules and is the core of the daily business operation. NetSuite features for Order Management can be customized to fit the customer order processing system needs of various industry verticals. To boost our Order Management process efficiency, we’ll need… Continue reading What’s NetSuite Order Management?

Reports -> New Financial Report i. Select the type of report you would like to create, there are many options to select. ii. Start to create the report selecting fields for columns, formulas, filters, and more

Filtering by Date To apply this filter, follow these steps: Select the Customize button Customize the dates that want by selecting the “from” and the “to” of the preferred period or date Select the Refresh button, so that data shows the current period or the period that are interested in. 2. Filtering by SubsidiaryThis filter… Continue reading Ways to Customize NetSuite Income Statement Reports

Go to Transaction tab > Payable > Enter Vendor Prepayment   In the Payee field, select the respective vendor from the dropdown list.  The Currency field autofill’s with the default currency for the vendor. We can change this value if there is more than one currency for the payee. This field is available when using the Multiple Currencies feature. … Continue reading Entering Vendor Prepayments:

Enabling the Vendor Prepayments Feature:  Go to Setup > Company > Setup Tasks > Enable Features.  Click the Accounting subtab.  In the Basic Features section, verify that the A/P box is checked.  In the Advanced Features section, check the Vendor Prepayments box.  Save. Configure the Default Vendor Prepayments Account:  We can configure the vendor prepayment account at the company level. If we are using NetSuite One World configure the account at the subsidiary level. Account… Continue reading Vendor Prepayments

 Edit the custom field record.2. Click the Access subtab.3. In the Default Access Level field, set the access level we want to grant to roles, departments, and subsidiaries that you do not specifically define below.4. In the Default Level for Search/Reporting field, set the level of access we want to grant through search and reports to roles, departments, and subsidiaries that we do not… Continue reading To set role, department, or subsidiary access restrictions on Custom Fields

When creating a list/record or multiple select custom fields, we can filter the choices available in that field on records and transactions based on selections made in other fields. This allows tailoring the exact choices offered to users entering records and transactions.Note: Filtering only applies to lists of records. It does NOT apply to custom lists.… Continue reading Setting Filtering Criteria