Tristan Gale
09/16/2024, 4:27 PMCeligo AI
09/16/2024, 4:28 PMAI generated answer (using internal Slack threads):In NetSuite, a Customer Deposit is a type of transaction that is used to record a payment from a customer that is received before the invoice is created. It is typically applied to an invoice or sales order once it is created. From the conversations, it is clear that Customer Deposits do not appear in the AR Aging report by default. This is because, by NetSuite's definition, a Customer Deposit means that the customer has already paid, therefore, no AR is needed. Once the Customer Deposits are applied to transactions via a "Deposit application" transaction, they will reduce the amount standing on an invoice, but they will not show up in the aging. As for the question of whether you can only apply a customer deposit to an AR transaction, the answer is yes. In NetSuite, a Customer Deposit can only be applied to an AR transaction, specifically an invoice or a sales order. However, if there is a need to reflect the Customer Deposit in the AR Aging report, some users have suggested creating custom fields for clients to show total deposits outstanding on the statement. Another workaround suggested is to use a 'contra' bank account to reverse the original deposit and make the customer payment. ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******
Celigo AI
09/16/2024, 4:28 PMSlack thread 1: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.837560833
Slack thread 2: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.83473587
Slack thread 3: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.832875848
Celigo AI
09/16/2024, 4:28 PM