The Custom Transactions feature lets you create customized types of business transactions
• You can create an unlimited number of custom transactions to extend existing business flow or to
differentiate from standard transactions, especially journals.
• Custom Transactions can move balances in General ledger based on pre-defined rules.
Why use Custom Transactions?
Automate and implement unique business
processes
• View transactions by their true business purpose
• Differentiate by types, names, numbering,
statuses
• Provide better reporting capability
• Allow dedicated user access and approval
controls
• Combine with the power of SuiteFlow,
SuiteScript, SuiteTalk, CSV, Custom Records, and
Connect
• Distributed by SuiteApps, SDF, bundles or
created individually
Custom Transaction Styles
Journal (68% usage)
• Works as a journal entry for a specific type of transaction. Perfect for integrations. For example: fixed asset
depreciation, and revaluations.
Header Only (11% usage)
• Works in conjunction with Custom GL Lines Plug-in, so no GL lines visible to the user.
Basic (11% usage)
• Works like an expense report with a predefined off-set GL account
Sales (11% usage)
• Similar to other Sales transactions in the system; allows to be included within the Sales workflow
Purchase (5% usage)
• Similar to other Purchase transactions in the system; allows to be included within the Purchase workflow
Common Use Cases
1. Fixed assets transactions (Transfer, Depreciation, Disposal, Revaluation etc.)
2. Leases
3. Release from restriction (non-profit)
4. Receivable write-off (bad debt)
5. Direct debit reversal
6. Local transactions (Brazil, India, Mexico, Uruguay, …)
7. Advances, Accruals, Commissions, Fees, Provision, Proforma invoices, Taxes, Payroll,
Configuration Options
• Styles – Journal, Header only, Basic, Purchase, Sales
• Segmentation
• Voiding with reversal journals
• Document numbers
• Statuses with posting flag definition
• Add to menu/centers
• Permissions
What is Supported?
• Suite Tax
• Items/Expenses
• Apply
• Inventory impact and costing, landed costs
• Revenue recognition
• Amortization
• Currency revaluation
• Elimination
• Installments
• Promotions, Discounts, Gift certificates
• Selected transformations form standard
transations