NetSuite Admin Tip | Avoid “No Credit Card Account Selected” Error on Expense Report Corporate Card

NetSuite supports corporate card processing on Expense Reports by tying corporate card charges to a designated Credit Card (liability) account. This ensures corporate card spend is consistently posted to the correct account for reconciliation, reporting, and downstream accounting workflows.

Because this account assignment is required for proper accounting, NetSuite enforces a validation rule: an Expense Report with corporate card expenses cannot be saved or submitted unless an “Account for Corporate Card Expenses” is selected. In many environments, that account is automatically populated from a default set on the Employee record, Accounting Preference setup or at the Subsidiary level—so the field “just works” until someone clears it or a new employee is missing a default.