Discussions
Stay up-to-date with the latest news from NetSuite. You’ll be in the know about how to connect with peers and take your business to new heights at our virtual, in-person, on demand events, and much more.
Now is the time to ask your NetSuite-savvy friends and colleagues to join the NetSuite Support Community! Refer now! Click here to watch and learn more!
Update your Profile with your Support type to get your Support Type badge.
Uncover the power of data with the Analytics Hub —your ultimate guide to mastering NetSuite Saved Searches and Reports. Simplify the complex and unlock your organization's true potential. Dive into the Analytics Hub now and soar to new heights!
To help you get the most out of your 2025.2 Release Preview account, review the topics outlined in the 2025.2 Release Preview Guide.
Nominate Your Peers for NetSuite Support Community's Choice of the Quarter! Submit your nomination today.
Intelligent Payment Automation version 1.0.3 is now available in the SuiteApp Marketplace. The SuiteApp, powered by BILL, lets you automate payments, manage vendor details, and bank account information within NetSuite. Learn more
Account Classification of operating expenses
Ok, this should be a simple/elementary question, but I can't get agreement on how some operating expenses should be classified. My search terms are too generic to find anything useful in the forum to help me determine which expense accounts to use. (any links to threads I overlooked will be humbly accepted :-)
I have 3 expense types I'm seeking suggestions for. This may turn out to be "poll", because I know opinions will vary.
[LIST=1]
[*]Software Expense
What accounts are being used for Software license that are purchased, both perpetually or on subscription basis like Netsuite.
So far, I've been told to create/use a child account of one of the following:
0