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Intelligent Payment Automation, powered by BILL (aka Bill.com), lets you automate payments, manage vendor details, and bank account information within NetSuite.
The SuiteApp is available to organizations based in the U.S. with a valid U.S. address, or to global customers (except Canada, China, and Japan) with U.S. business subsidiaries. It only supports payments to vendors operating in the United States.
For more information, visit this thread.
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Opening balance woes
We are prepping up to go live with Netsuite this weekend and have hit a major show stopper (at least that is our current perspective). Apparently there is no viable way to enter an opening balance or one sided journal to create the starting position of the companys financials.
How exactly do you set up the financial position of the company with double sided entries? From my understanding you can't unless you back post all transaction from the start up of the company.
In essence, our current financial systems balance should fit the starting position of Netsuite for auditability. Double sided entries and other work arounds do not accommodate this
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