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!
New AI Community Guidelines. Please review and follow them to ensure AI use stays safe, accurate, and compliant.
Stay in the Know
Be sure you're subscribed to NetSuite communication to stay in the know about monthly happenings, updates and announcements. Subscribe
Be sure you're subscribed to NetSuite communication to stay in the know about monthly happenings, updates and announcements. Subscribe
NSC | How is Contra Account Sheet SuiteApp different vs other Financial Reports?
On a Standard General Ledger report or Account Register, users customize the details to add the split column (this is the contra account) . When analyzing an account with contra accounts, the Split column has a value of -Split- and users need to open the transaction to be able to check the accounts, instead users can utilize Contra Account Sheet SuiteApp.
Here is an illustration:
Let's say for example a Journal Entry is created for a Long Term Liability with multiple Contra Accounts:
In this example Long Term liability is charged to two bank accounts.
In the account, register the Accounts are not in details and is indicated by
Patrick Fresnosa | Advanced Accounting | SRP | Ask a Guru
0
