are there any considerations to think about when switching NetSuite customers from legacy bank recs to the account statement bank recs? What about for new customers that are going live on NetSuite with only trial balance history in their bank accounts at go-live? Appreciate the feedback

I normally do the "opening" bank rec using the legacy bank rec rather than account rec because it's just easier. Also - make sure you add transactions for the open values. In theory - your opening GL history + the reversing entry for uncleared transactions from the last rec should close to zero

Feel like I am going crazy with this one. A few fixed assets were improperly brought into NetSuite, the posting for them was tied into the trial balance (Dr. FA Value, Cr. Accum Depr). Where would the the remaining credit go in this scenario? Specifically what is the proper posting for recording asset NBV?

Good morning everyone! Is anyone looking for a Project Manager in New York?

Is there a way to create a new Account Type (accttype) ?

looks like i can with one of these chrome add ins i have, but I want to know where to do it in netsuite natively

I call balogna on a chrome add in doing it.

lol, im afraid to actually try it

but i've used this on other fields and it's worked

I don't have a sandbox 😞

@KevinJ of Kansas you have Netsuite Advance Help installed somewhere with a sandbox to try this?

I would expect a whole host of issues if it even works.

Account type controls a number of things - NS would be remiss to give you the ability to add them.

k, that's really what I wanted to know...don't add new account types

thanks @KevinJ of Kansas

When our terms discount customers pay and their payments are partial have to be applied manually, the full discount available is being applied. Our discounts are recorded as chargebacks and by picking up the discount is creating a duplicate. Is there a feature that could be turned off to prevent this from happening with manually applied, partial payments to invoices? It never happens when paid in full.

Man. I'd be inclined to say "if you don't pay in full you don't get terms" (yeah, I know we don't often get to control that)

The whole point of terms is to get cash in the door early.

Partial payment is kind of like a "hey I kinda want some of the benefit of this without the whole thing"

i dont actually get to decide anything, i just have to fix it 🙃

I'd probably just teach your staff to manually apply by typing in the amount column instead of hitting the checkbox

- at least when they know it's only a partial payment

Thanks for input - looking to see what options could be right now

hm, it seems that even the manual edit is triggering the full discount application

I'm fairly sure if you dictate the discount first, it doesn't override what you type in

Yeah, it seems like that is what should happen, but for some reason it is overriding for us

Hi All, we’re able to upload US bank statement using manual upload in BAI2 format, however, we’re having issue with uploading SVB UK account. Is there any specific configuration or format I should follow for UK bank statement?

Hi all! We just realized that with IC invoicing NetSuite doesn't use the income account marked behind Item, it uses the default IC income account behind IC settings. Is it really so that you can only use one IC income account? And if not, what is the best way to run the system with multiple IC income accounts? Thanks!

Can anyone tell me how to run a Previous year/monthly to another year/monthly P&L Comparison ?

Dunning question - Is there a way that Dunning can send an email on invoice creation?