Hi everyone, does NetSuite have the ability make an adjustment to increase the amount you owe by creating a payment for the vendor? In Sage Intacct they call it a credit memo but in NetSuite a credit memo is for a customer. Thanks!

Bill credit in netsuite. Or vendor prepayment.

But you can't have negative bill credits? Positive bill credits decrease the amount due @sam1128

No you can't have negative bill credit. If you've need to increase liability then younust do by putting a vendor bill. If none of these works then use journals. Journals are the last thing I would use if none of the other transactions would work.

Wouldn't that just be a vendor bill?

Surely you'd actually be paying the vendor for something anyway? Don't owe people money for no reason