Hi All, When in netsuite the root subsidiary(company) is taking loan from bank. And will be paying the interest with principle amount in monthly instalment. what all do i have to setup.
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Olivier Gagnon (DXC)
10/30/2019, 12:00 PM
There are no specific transactions for this, unless you want to use a Vendor Bill. Otherwise, create Journals for the appropriate figures.
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Adam Riches
10/30/2019, 9:58 PM
Hello Shadman, we have a solution that automates this (Netloan by NetGain). Let me know if you’d like to take a look