Today we will be discussing company credit cards. How to create them within the system, enter charges, pay existing bills and pay credit card vendors First, let’s go over adding a new credit card. First, go to: Financial > Lists > Accounts > New or Accounting > Accounts > New. If you do not see either option, use the …
Welcome to part two of WAC Solution Partners’ series on closing periods! Today we will concentrate on reopening accounting periods. What is reopening a closed period and why would you want to do it? In NetSuite, when a period status is “Closed” no transactions can be posted to any date within the period by anyone …
In most software packages, Closing Accounting Periods means roughly the same thing, but they do differ slightly. With some packages it may be a simple process, and in some packages it may be complex. In NetSuite, closing a period changes its status from “Open” to “Closed” and locks it so that no transactions can be …