Proposal For Vendor Payment Approval Process

Proposal summary  The proposal outlines a vendor payment approval process to efficiently manage and oversee the payment and liabilities owed to vendors, suppliers, and service providers. The process involves various steps and roles to ensure transparency, accuracy, and adherence to company policies and financial controls.  Requirement  eVersum has expressed their desire to  establish a payment… Continue reading Proposal For Vendor Payment Approval Process

Proposal For Bulk Approval Of Bill And Bill Payment

Proposal summary  The proposal for bulk approval of bills and bill payments in NetSuite involves streamlining the approval process by allowing users to approve multiple records simultaneously.  Requirement  The client would like to complete the following requirements:  The current approval process for bills and bill payments in NetSuite requires users to individually verify each record,… Continue reading Proposal For Bulk Approval Of Bill And Bill Payment

PART 3.2 – Vendor/Purchase Transaction GL Impact

Purchase orders are non-posting transactions that are sent to a vendor to keep track of items that are expected to be delivered. They include the associated price and quantity.  2. Item receipts are used to match against an open purchase order when items have been received. The GL impact will show an increase in the asset account… Continue reading PART 3.2 – Vendor/Purchase Transaction GL Impact

Print Bill Payment > Address is not that of Bill Payment subsidiary’s

Scenario:    Print Bill Payment >Address is not that of Bill Payment‘s subsidiary Findings:   In a OneWorld  account,the Bill Payment Company Address printed in PDF is that of theLocation’s address from the vendor billIf there is no Location Address (Setup> Company > Locations) then that is the only time that NetSuite willuse the Subsidiary’s Address as theCompany’s Address in the Bill Payment/ Payment Voucher Solution: Users have option of overriding the CompanyAddress by navigating to Setup > Customization >… Continue reading Print Bill Payment > Address is not that of Bill Payment subsidiary’s