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.
New AI Community Guidelines. Please review and follow them to ensure AI use stays safe, accurate, and compliant.
interfacing with other system: JE or transaction?
We use a revenue accounting system, in which the daily sales are registered,
invoices are made, credit and debit memo's are created, etc.
We use netSuite as our 'general' accounting system.
At month-end-closing we need to get the revenue and A/R totals for the entire month (totals per customer) from the revenue accounting system loaded into Netsuite.
Netsuite is then used to generate all financial reports such as P&L and balance sheet, to register all bank transactions, and to keep track of A/R and A/P aging.
My question is: should we import the data into netSuite as journal entries or as transactions?
0