I'm doing opening balances on the AP side. What account type should be opening balance control account be?

AI generated answer (using internal Slack threads):

When setting up opening balances on the Accounts Payable (AP) side, the opening balance control account should be of the type 'Accounts Payable' or 'Other Current Liabilities'. This is because certain transactions in NetSuite will only allow General Ledger (GL) changes to a specific type of account. For instance, Accounts Payable transactions typically require an 'Accounts Payable' type account. However, it's important to note that if you set an account with a different type, it may not show up as available in AP transactions. For example, if you move your AP accounts to 'Other Current Asset' accounts, they may not appear as available in AP transactions. Also, if you're importing opening balances and want to avoid double postings, you could post General Ledger journals month by month to support trial balances in the home currency of the subsidiary. Then, journal the full balance to a Profit & Loss account (like an open AP suspense account) in the closing period. ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******