<img src="https://ws.zoominfo.com/pixel/5BFMW73xT6Cu70sN1cUt" width="1" height="1" style="display: none;">

Removing Journal Entries in A/P Aging Detail Report

Posted by Mariella Marquez, Consultant on Jan 26, 2023 12:14:27 PM

With the new year beginning and accounting teams working busily to close the prior year financials one of the biggest errors we see is offsetting journal entries stuck on your A/P Aging report. If you are posting offsetting journals that post to your Accounts Payable transaction without first adding an “A/P Clearing Vendor” you might be asking how to clean up your reporting. Below we will walk you step by step on how to clear up your A/P Aging and remove these transactions entirely. 

Read More

Tags: NetSuite, ERP, Reporting, NetSuite How To's, Accounting, Financial, General Ledger, GL, Accounting Periods, Transactions, Journal Entry, Transaction Lines, Financial Report, Accounts Payable, AP Aging

Manually Creating Statistical Journals

Posted by Mariella Marquez, Consultant on Jan 24, 2023 4:47:14 PM

In NetSuite manually creating statistical journal entries is like manually creating general financial journals with the exception that you do not provide financial specific data. Instead, you areutilizing the unit of measures we previously set up to allocate fees such as monthly rent per department or shipping cost by items sold. When manually creating statistical journals, you are also given the opportunity to make an absolute balance for multiple statistical accounts at the same time.

Read More

Tags: NetSuite, ERP, Reporting, NetSuite How To's, Transactions, Journal Entry, Transaction Lines, Statistical Journals

Add/ Remove Multiple Line Items on a Transaction via CSV Import

Posted by Kevin Suh, NetSuite Administrator on Jan 5, 2023 10:49:46 AM

Having trouble with the error: Ambiguity error on logical key multi-match? This article helps you to add multiple line items with the same item on a transaction via CSV Import or you would like to add new line items to existing transactions using CSV file uploads.

Read More

Tags: NetSuite, ERP, Reporting, NetSuite How To's, Transactions, Transaction Lines, Multi-Match, Sales Order, CSV Import

Optimizing Your Transaction Line Use

Posted by Jose Moreno, Consultant on Nov 10, 2022 9:49:45 AM

One of the most important Netsuite metric is your monthly transaction line use. Your transaction line use directly impacts yourNetsuite service tier because of how Netsuite’s service tiers scale with use. Simply put, the more transaction lines you use, the higher your service tier will be. For this reason, it’s critical to have a clear understanding of the distribution of transaction lines across the types of transactions you create. Understanding this data can help youidentify opportunities to reducetransaction use and can have a tangible impact on financial costs relating to your Netsuite service tier. In this blog we’ll look at what tools are available for monitoring transaction line usage and provide a use case for reducing usage if you have standard costing enabled.  

Read More

Tags: NetSuite, Reporting, NetSuite How To's, NetSuite Tips, Netsuite Tier, Standard Cost, Inventory Costing, Inventory Cost Revaluation, Transaction Usage, Transaction Lines

Content not found

Subscribe to our blog!

Recent Posts

Posts by Topic

see all