Vendor prepayment accounts can be configured in 2 ways
- Company Level
- Subsidiary level
This is the account that NetSuite selects by default when entering a new vendor prepayment transaction.
To configure the default vendor prepayment account at the company level:
Go to Setup > Accounting > Preferences > Accounting Preferences.
Under the Accounts Payable section, select an account from the Vendor Prepayment
Account list.
Click Save.
To configure the default vendor prepayment account at the subsidiary level:
Go to Setup > Company > Classifications > Subsidiaries.
Click Edit next to a subsidiary.
Under the Preferences subtab, click the General subtab.
Select an account for this subsidiary from the Vendor Prepayment Account list.
Click Save.