auto-generate Amortization Journal Entries

AI generated answer (using internal Slack threads):

Based on the conversations, it seems that automating the creation of Amortization Journal Entries (JEs) in NetSuite is a common requirement, but there isn't a straightforward way to do it. Here are some insights from the discussions: 1. Manual Creation: Yes, you typically need to manually go to Create Amortization Journal Entries every month to create the journal entries. You can add the Amortizations Due in the reminders portlet on your home dashboard, but it will lead you to the Create Amortization JEs page. 2. Automation: Automating the creation of Amortization JEs is possible, but it might require custom scripting. One user mentioned working with developers to create a solution that would generate book-specific JEs based on the amortization template and dates filled in on the bill. However, this solution was never implemented, so no code was provided. 3. Multiple Months Creation: It seems that you have to create Amortization JEs by month. There was no mention of a way to create multiple months at once. 4. Descriptions: The descriptions in the Amortization JEs are automatically set to “Amortization Source” and “Amortization Destination”. One user mentioned a customization from NetSuite Advanced Customer Support (ACS) that allows changing this. It runs as a scheduled script updating the records in question. However, another user mentioned that this is under enhancement number 524133 in NetSuite. 5. New Invoices: If you have created all the JEs for a month and then posted more invoices that need to be amortized in that month, when you go to create more JEs, only the new invoices will show. 6. NetSuite ACS: Some users have had positive experiences with NetSuite ACS for custom scripting needs. However, it's important to note that ACS takes cues from you and may not suggest improvements. They used a map-reduce script to change the “Amortization Source” and “Amortization Destination” on JE. ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******