netsuite whats the impact of ACCOUNTS RECEIVABLE TRANSACTIONS WITH NO ENTITY on journal entries

AI generated answer (using internal Slack threads):

In NetSuite, Accounts Receivable transactions without an entity (or customer) can impact journal entries in several ways. Firstly, if a transaction is recorded without assigning a customer name column/field on Journal Entry lines that affected Accounts Receivables, it can result in a balance showing at the top of the Aging Report with “No Customer” assigned to the amount. This can cause discrepancies in your financial reports and make it difficult to track and reconcile these transactions. Secondly, if someone posts journal entries to the AR account without flagging a customer, it can lead to similar issues. The system will not be able to properly track these transactions, which can lead to inaccuracies in your financial reporting. To resolve these issues, you can: 1. Ensure that your data detail load for open invoices matches your GL history. If there is a discrepancy, you may need to fix your reversing entry or find the missing invoices. 2. Exclude certain accounts, such as allowance for doubtful accounts, from your A/R Aging report. 3. Post a Journal Entry with the correct customer flagged. Remember, it's crucial to always assign a customer to your Accounts Receivable transactions to ensure accurate tracking and reporting. ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******