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Vendor Prepayment for 'proforma' vendor invoice
We are using Vendor Prepayment for (3) specific vendors that require a 10% upfront prepayment on orders over $XM. We understand how Vendor Prepayments work natively in NetSuite, however we have a slight challenge.
- Create a PO for the Vendor for $XM
- Created Vendor Prepayment for 10% of $XM, cut check and send to Vendor
- Vendor sends a proforma invoice for the 10%
- The remaining vendor invoices are $XM - 10%
The issue that we are running into is how to create a bill (from the vendor's 10% proforma invoice)? We can't use the line items from the PO as they are serialized equipment and the bill requires S/N's. The other asset account that we created (1715 Prepaid) is not correctly reversing the G/L upon final payment and final receipt of all the equipment.
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