Discussions
Join us for complimentary one-day events around the world and step into a future fueled by AI and limitless potential. Explore new breakthroughs, sharpen your skills, and connect with experts who are shaping what’s next. Experience bold keynotes, interactive learning, and connections that span the global NetSuite community. Discover what's next at SuiteConnect Tour 2026.
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.
Problems with P&L & Accrual
I have found a problem with our NS General Ledger - and the NS accrual method of accounting.
When our consultant setup our NS accounting options - we chose "ACCRUAL" as our accounting method - not CASH.
We just found out that it appears NS does not accurately perform routine accounting functions for accrual accounting.
For example - we issue a PO to a vendor on 12/11/2013 for $3,000.00. It is received IR on 12/12/2013. The PO is billed on 12/12/2013 with net 60 day terms. GL activity for the PO & IR & Bill - shows that our purchasing GL COGS account - 5110 - Vendor Purchases - isn't affected or posted to duriong any of those (3) transactions - just main inventory account + POs waiting to be billed + A/P. ONLY when the vendor invoice is actually paid on 2/10/2014 - is the COGS Acct - 5110 - posted to and the
Andrew Roach
President
Drew Telecom Group, Inc