how to calculate the opening and closing balances using saved search for vendors

AI generated answer (using internal Slack threads):

To calculate the opening and closing balances using a saved search for vendors, you can create a Transaction Saved Search. Here are the steps: 1. Navigate to Reports > Saved Searches > All Saved Searches > New. 2. Select Transaction from the list. 3. In the Criteria subtab, add 'Posting' = True and 'Type' = Vendor Bill or Vendor Payment or Vendor Credit (based on your requirement). 4. In the Results subtab, add 'Name' (Group), 'Amount' (Sum), and 'Date' (Group or Minimum for opening balance and Maximum for closing balance). For the running balance, you can use a formula field. However, NetSuite does not natively support running total or balance fields in saved searches. You can create a workaround using a SQL case statement in a formula field, but this can get complex depending on the specific requirements of your search. Here is a helpful blog post that provides a solution for creating a running total in a saved search: https://blog.prolecto.com/2015/05/26/solving-the-netsuite-cumulative-saved-search-tally-challenge/ For showing the vendor's current accounts payable balance on the vendor form, you can create a summary saved search that shows the correct value you are looking for, and then use that saved search to source a custom field. Here is a helpful article on how to do this: https://www.sikich.com/insight/how-to-create-a-netsuite-custom-field-from-saved-search-calculated-data/ ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******